COVID Won’t Eliminate Two Major Problems

The banking and real estate industries are grappling with massive uncertainty about the future of their businesses right now, but COVID-19 won’t change two things: the imperative to help fix systemic racism and stave off dramatic climate change.

Diversity is Not a Cost Center

Since George Floyd’s death, many banks have leapt forward with billions in pledges to communities of color. Those actions should be praised, but lenders must look beyond addressing racial diversity and economic inequality with charity if they want to thrive in a changing America.

OCC’s ‘Fix’ Weakens Anti-Redlining Law

Community groups like the National Community Reinvestment Coalition, the California Reinvestment Coalition and legal oversight group Democracy Forward say the Trump administration has been keen on gutting the CRA.

Why So Few Black Homeowners?

Only about a third of Black households in Greater Boston own their homes, while roughly 79 percent of area white households own their homes, thanks to decades discrimination.

Racism in Real Estate Cannot Stand

Greater Boston’s rental housing industry has a serious racism problem, and it’s going to take effort from industry and government – including Attorney General Maura Healey – to solve.