Individual Wealth Preservation

The Housing Council

Founded in 1971, The Housing Council aims to maintain and expand the availability of affordable, decent, safe housing for low and moderate income residents of the Rochester and Monroe County area.  To do so, the nonprofit provides landlord education, foreclosure prevention, pre-purchase counseling, emergency housing services, and fair housing education to about 8,000 households a year in the region.  It also conducts housing research and analysis on a variety of issues such as eviction activity and home purchase trends, and monitors the incidence and impact of city and county mortgage foreclosure.

The Housing Council

Founded in 1971, The Housing Council aims to maintain and expand the availability of affordable, decent, safe housing for low and moderate income residents of the Rochester and Monroe County area.  To do so, the nonprofit provides landlord education, foreclosure prevention, pre-purchase counseling, emergency housing services, and fair housing education to about 8,000 households a year in the region.  It also conducts housing research and analysis on a variety of issues such as eviction activity and home purchase trends, and monitors the incidence and impact of city and county mortgage fore Read more about The Housing Council...

California Reinvestment Coalition (CRC)

Established in 1986 and headquartered in San Francisco, the California Reinvestment Coalition (CRC) has been advocating for fair and equal access to credit for all California neighborhoods. As the state's largest community investment coalition, their 300-member organization attempts to create wealth equality through policy advocacy, grassroots alliances, research, and shareholder activism. Read more about California Reinvestment Coalition (CRC)...

Community Check Cashing

Community Check Cashing is a nonprofit organization established to help Oakland residents increase their income and assets, save money, and improve their financial position and knowledge.  To do so, it offers below-market priced financial services and products, financial coaching, and small business assistance.  Opened in Oakland’s Fruitvale neighborhood in 2009, it is the first nonprofit, full-service, stand-alone check cashing store in the country. Read more about Community Check Cashing...

The Rise of the Corporate Landlord

Desiree Fields, Rachel Laforest, Tony Romano, Tony Roshan Samara and Rob Call
Right To The City Alliance

This new report from The Right to the City Alliance’s Homes for All Campaign examines how large, well capitalized, private equity firms, entering rental markets create the risk of a second housing bubble. The author, urban geographer Desiree Fields, demonstrates that the institutionalization of the single-family rental market benefits the same financial institutions behind the housing market crash of 2008, while disproportionately impacting low-income communities. She lays out a policy agenda that can promote greater diversity and broaden ownership of land and housing. 

The Home Ownership Center of Greater Cincinnati

Established in 1973, The Home Ownership Center of Greater Cincinnati is a nonprofit focused on helping area residents achieve and maintain homeownership. Although its main focus is providing free foreclosure prevention services, it also offers homebuyers’ education and financial skills classes. In 2012, the Center launched a new initiative through which it rehabilitates vacant, single family homes that contribute to blight in area neighborhoods and sells them at below-market-rate prices. Read more about The Home Ownership Center of Greater Cincinnati...

Cornerstone Corporation for Shared Equity

Founded in 1986, Cornerstone Corporation for Shared Equity is a nonprofit that finances, develops, and manages affordable apartment housing with “renter equity,” a program through which renters earn up to $10,000 in financial equity—and thus build and preserve wealth—by participating in the management, routine maintenance, and governance of their communities and paying their rent on time.  Cornerstone also operates a community loan fund that attracts funds from socially conscious investors and makes loans to finance Cornerstone and other nonprofits’ housing development projects. Read more about Cornerstone Corporation for Shared Equity...

The Home Ownership Center of Greater Cincinnati

Established in 1973, The Home Ownership Center of Greater Cincinnati is a nonprofit focused on helping area residents achieve and maintain homeownership. Although its main focus is providing free foreclosure prevention services, it also offers homebuyers’ education and financial skills classes. In 2012, the Center launched a new initiative through which it rehabilitates vacant, single family homes that contribute to blight in area neighborhoods and sells them at below-market-rate prices. Read more about The Home Ownership Center of Greater Cincinnati...

Working in Neighborhoods

Founded in 1978 to empower low and moderate residents of Greater Cincinnati, Working in Neighborhoods (WIN) promotes homeownership and community engagement. To boost homeownership, WIN builds and renovates homes for first-time homebuyers, an initiative credited with selling over 160 homes and increasing home values in targeted areas by as much as 25 percent. WIN also offers foreclosure prevention services, which have saved 1,131 homes representing over $99.7 million in assets from foreclosure. Read more about Working in Neighborhoods...

Underwater America

Peter Dreier, Saqib Bhatti, Rob Call, Alex Shwartz and Gregory Squires
Haas Institute for a Fair and Inclusive Society at the University of California, Berkeley

Measuring how communities have recovered from the national foreclosure crisis, the Haas Institute at the University of California, Berkeley, has analyzed the concentration of underwater homes by race and income. The findings reveal geographic “hotspots” of underwater homes and how the legacy of predatory lending has concentrated these homes in African American and Latino communities. The report recommends a range of loan restructuring strategies to assist severely impacted communities.