Community activists were delighted with the passage of the Community Reinvestment Act, but they came to realize that it would take more than the word of law to bring about real change. This book gives voice to the activists who took it upon themselves to agitate for increased investment by financial institutions in their local communities. They tell of their struggles to get banks, mortgage companies and others to rethink their lending policies. Their stories, drawn from experiences in Chicago, New York, Milwaukee, Boston, Pittsburgh, and other cities around the country, offer insight into the way our political/economic system...Read more
Community activists were delighted with the passage of the Community Reinvestment Act, but they came to realize that it would take more than the word of law to bring about real change. This book gives voice to the activists who took it upon themselves to agitate for increased investment by financial institutions in their local communities. They tell of their struggles to get banks, mortgage companies and others to rethink their lending policies. Their stories, drawn from experiences in Chicago, New York, Milwaukee, Boston, Pittsburgh, and other cities around the country, offer insight into the way our political/economic system really works. Author note: Gregory D. Squires is Professor of Sociology at George Washington University. He has served as a consultant and expert witness for fair housing groups and civil rights organizations around the country including HUD, the National Fair Housing Alliance, the National Community Reinvestment Coalition, and many others. He also served a three-year term as a member of the Consumer Advisory Council of the Federal Reserve Board. He is the co-editor of "Color and Money: Politics and Prospects for Community Reinvestment in Urban America".
- ISBN10 1282047698
- ISBN13 9781282047693
- Publish Date 1 January 2011 (first published 3 January 2001)
- Publish Status Active
- Out of Print 9 June 2015
- Publish Country US
- Imprint Temple University Press
- Format eBook
- Pages 238
- Language English