Woodstock Institute’s research on racial and economic disparities in Chicago’s vehicle ticketing practices is featured in this article from the Chicago Reader: “In “The Debt Spiral,” a 2018 report from Chicago’s Woodstock Institute (a nonprofit research and policy organization...
Our Director of Research Amber Hendley lent her expertise on blockbusting and contract selling for this piece. Contract buying was often the only option for Black families looking to buy a home. These had much higher interest rates than...
Woodstock Institute Senior Vice President of Policy and Advocacy Brent Adams sat down with KSDK NBC’s Mark Maxwell to talk about the many Illinois consumers struggling under the weight of unaffordable, exploitive debt along with the pawn industry’s efforts...
The Mortgage Lending Matters report and corresponding Fact Book are an in-depth, comprehensive look at mortgage lending in Massachusetts to low- and moderate-income households and borrowers of color. The new report was covered by several Massachusetts outlets: WCVB –...
“Research shows that students from low-income families with even a small amount of savings are significantly more likely to attend and finish college,” said Horacio Mendez, president and CEO at the Woodstock Institute in Chicago. “We need to make...
This industry needs to be regulated under the 36% rate cap like all other consumer loans, writes Woodstock Institute Board Chair Tommy FitzGibbon. From Tommy FitzGibbon, Woodstock Institute Board Chair, for the Chicago Sun-Times, June 26, 2023: While Illinois’ pawnbrokers...
At Woodstock Institute’s 50th Anniversary Event, Acting Comptroller of the Currency Michael J. Hsu spoke about what steps the OCC is taking to build trust between communities and the financial institutions serving them. By Ebrima Santos Sanneh for the...
Woodstock Institute has begun working with Partnership for Financial Equity to shed new light on how the racial homeownership gap plays out in Boston and Massachusetts at large. BOSTON — The real estate market in Massachusetts is beset by...
(The Center Square) – A nonprofit policy organization is speaking out against legislation in Springfield that would make Illinois the first state to give the Income Share Agreement industry its own law. ISAs are a type of private student...
The state’s Predatory Loan Prevention Act is working, we need to protect it, and the pawn industry must be included.