Organizing access to capital : advocacy and the democratization of financial institutions / edited by Gregory D. Squires.

Format:

Book

Contributor:

Squires, Gregory D.

Language:

English

Subjects (All):

Bank loans--United States.

Bank loans.

Financial institutions--United States.

Financial institutions.

Community development--United States--Finance.

Community development.

Economic assistance, Domestic--United States.

Economic assistance, Domestic.

Physical Description:

1 online resource (250 p.)

Edition:

1st ed.

Place of Publication:

Philadelphia : Temple University Press, 2003.

Language Note:

English

Summary:

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

Contents:

Contents; In Memory of Gale Cincotta; Acknowledgments; I. INTRODUCTION: THE ROUGH ROAD TO REINVESTMENT; 2. WHERE THE HELL DID BILLIONS OF DOLLARS FOR REINVESTMENT COME FROM?; 3. GIVING BACK TO THE FUTURE: CITIZEN INVOLVEMENT AND COMMUNITY STABILIZATION IN MILWAUKEE; 4. TAKING IT TO THE COURTS: LITIGATION AND THE REFORM OF FINANCIAL INSTITUTIONS; 5. FROM LIVING ROOMS TO BOARD ROOMS: SUSTAINABLE HOME OWNERSHIP DEALS WITH BANKS AND INSURERS IN BOSTON; 6. A CITYWIDE STRATEGY: THE PITTSBURGH COMMUNITY REINVESTMENT GROUP

7. FILLING THE HALF-EMPTY GLASS: THE ROLE OF COMMUNITY ADVOCACY IN REDEFINING THE PUBLIC RESPONSIBILITIES OF GOVERNMENT-SPONSORED HOUSING ENTERPRISES 8. FIGHTING PREDATORY LENDING FROM THE GROUND UP: AN ISSUE OF ECONOMIC JUSTICE; 9. COMMUNITY REINVESTMENT IN A GLOBALIZING WORLD: TO HOLD BANKS ACCOUNTABLE, FROM THE BRONX TO BUENOS AIRES, BEIJING, AND BASEL; 10. RESEARCH, ADVOCACY, AND COMMUNITY REINVESTMENT; I I. THE ESSENTIAL ROLE OF ACTIVISM IN COMMUNITY REINVESTMENT; 12. PROTEST, PROGRESS, AND THE POLITICS OF REINVESTMENT; 13. EPILOGUE: WHERE DO WE GO FROM HERE?; About the Contributors

Index

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 216-220) and index.

ISBN:

9781282047693

1282047698

9781592138548

1592138543

OCLC:

320624493