Special Section: The War on CRA
The Gramm-Leach-Bliley Financial Modernization Act brings sweeping changes to the financial services industry. What will it mean for community reinvestment and low-income communities? At the end of 1999, Congress passed and the President signed into law sweeping changes in the financial services industry. These changes took many years to enact, in part due to the effort by some, including the Senate Banking Committee Chairman Phil Gramm, to do away with the Community Reinvestment Act. Thanks to the efforts of advocates and community development supporters, CRA was saved. Following are an analysis of the new legislation and a range of opinions on the consequences of bank modernization.
Seattle Neighborhood Planning By Karen Ceraso
Was Seattle's massive neighborhood planning exercise a community empowerment project, or collective daydreaming?
Planning Power By Winton Pitcoff
Minneapolis' long-term commitment to neighborhood planning engages residents.
Town & Gown By Miriam Axel-Lute
Research is often seen as an elite activity, but across the country community groups are learning to use it as a tool for neighborhood change, often radically shifting their relationships with academia in the process.
