Affordable Housing

On November 13, The Pew Charitable Trusts released three reports from their Economic Mobility Project. The series presents information about various aspects to economic mobility - they look at the issue from generational, racial, and gender-focused lenses. "Economic Mobility of Families Across Generations" by Julia Isaacs finds that generally adults who were in their 30s and 40s in 2000 had more income than their parents' generation. Some of this can be explained by women entering the workforce and a decrease in family size. Also, the report states that 2 out of 3 Americans have higher family incomes than their parents did, and the higher the parents' income, the higher the income of their adult children.

However, the news isn't all good...  read more »

The Center for Economic And Policy Research recently released a report Working Families and Economic Insecurity in the States: The Role of Job Quality and Work Supports” which found that only about one in four jobs are “good jobs” in a typical state, that is taking into account pay, employer-sponsored health insurance and retirement benefits.

In Massachusetts,
• 28.2% of jobs are “good jobs,” with a roughly equal amount
• 28.5% meets none of the ”good job” criteria
• 28% of people in working families are economically insecure  read more »

On Monday, December 3rd, I presented on a panel at “Working Together to Build Wealth in Lower-Income Communities” held at the Federal Reserve Bank of Boston and sponsored by Massachusetts Community and Banking Council. Wealth and Poverty, Products and Services for people who are low-income, Financial Education Program Models, and Increasing Collaboration were all explored via panel presentations and Q & A.  read more »

Several years ago when I worked for an admissions office at a Simmons College I was assigned to run a college fair within the Suffolk County House of Correction. The women who were attending the fair were all incarcerated for short term sentences usually relating to drugs or assault charges. Most of them were close to concluding their time there, were still very young (20 to 25) and were trying to figure out what on earth they would do afterwards. Each of them came to my table. I was all idealism and promise, “We can figure out the financial aid situation, just apply and see what happens,” I remember telling them. “You can do anything.” Trouble was: they couldn’t do anything. The majority of them were interested in nursing. Simmons had a strong nursing program. But one by one, each of them informed me that it couldn’t happen, that the major would do no good because they’d never get through CORI to get a job after.

Yesterday at a hearing Governor Patrick called for CORI law reform...  read more »