The new report and corresponding Fact Book are a comprehensive look into mortgage lending disparities in Massachusetts Woodstock Institute is excited to share our new work with Partnership for Financial Equity shedding light on how the racial homeownership gap...
Federal laws that were supposed to help bank regulators overcome racial discrimination didn't work, Cal Bradford shows in this article
Households that do not have a bank account are nearly five times as likely to be pawnshop borrowers as households with a bank account. Over 80% of pawnshop loan borrowers are unbanked, which is one reason consumers turn to...
We're proud to work with Consumer Federation of America to publish this report detailing alternatives to high cost loans and policy solutions to expand affordable options.
CRA reform efforts must address the fact that federal regulators have rated 95% of banks Satisfactory or better even though data show fewer regulated lenders meeting the law's goals.
The City of Chicago’s HomeMod Program provides home modifications for low- and moderate-income people under the age of 60 who have disabilities. With funding from the Department of Housing and Urban Development, Woodstock evaluated the program to determine whether...
Ongoing research has revealed a potentially massive COVID-19 impact on the two- to four-unit properties that house more than a third of Chicago’s renters.
How the Predatory Loan Prevention Act in Illinois benefits communities and increases equity.
This report finds businesses in low- and moderate-income and communities of color received fewer loans from banks than businesses in higher-income and predominantly white areas across Illinois. The report, which examines and compares lending reported by banks under...
The following interactive maps correspond to the data visualizations in Woodstock Institute's report, Digitally Divided: Older Adult Banking Vulnerabilities in the Chicago Region and are intended to serve as context for financial institutions, policymakers, community investment advocates, and agencies...