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Oscar Perry Abello

Reporter · US

Indexed articles, last 90 days
5
Latest publication
Sep 15, 2026
Outlet visibility, for Nextcity
Top 5M sites
Earliest in this view
Jul 16, 2026

Latest articles

  1. Article · Sep 15, 2026 · Oscar Perry Abello

    A Critical Few Weeks Ahead for Community Development Finance (opens the original)

    Excerpt · English

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    It came down to the wire for hundreds of federally-certified community development financial institutions across the country. The Department of the Treasury was supposed to have awarded nearly $300 million in financial assistance to CDFIs around this time last year, but the Trump administration continually delayed their distribution. Finally, just this morning, the Treasury Department announced that the awards are going out and recipients will be notified by Sept. 30. If those awards didn’t go o

  2. Article · Aug 18, 2026 · Oscar Perry Abello

    The South Side Collective Stepping Up to Transit-Oriented Development (opens the original)

    Excerpt · Neutral tone · English

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    Collective ownership of real estate has made Sunni Powell a rich man. Not in the conventional sense, but in all the ways that matter most. “I don’t have all the money physically now but I don’t even need it,” Powell says. “I have a building, I have a business, I have a car, I have a motorcycle, I have a craft that’s legit. I’m a barber, and I’m also a licensed barber teacher in the state of Illinois, and I could do a lot with that. I can make money to take care of myself but I can also affect ch

  3. Article · Aug 3, 2026 · Oscar Perry Abello

    Trump’s Proposed Reinvestment Rules Would Undermine New Housing Law (opens the original)

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    On Friday, federal banking regulators released a much-awaited proposal for a new set of regulations under the Community Reinvestment Act, the landmark anti-redlining legislation passed in 1977. Advocates and community development practitioners are sounding alarms that the proposal would undermine efforts to address the nation’s housing crisis, among other potential downsides. Every year, investors purchase upwards of $30 billion in federal low-income housing tax credits. Those dollars are a cruc

  4. Article · Jul 21, 2026 · Oscar Perry Abello

    The Community Organizer’s Community Development Credit Union (opens the original)

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    Although you can find $8 matcha lattes and $25 cocktails there today, Manhattan’s Lower East Side remains a neighborhood covered in both public housing and limited-equity housing cooperatives. Those buildings are home to thousands of low-income residents — largely Hispanic or Asian, often immigrants — who have been quietly investing in their own vision of the neighborhood for decades. On a warm, muggy Saturday earlier this month, outside the headquarters of the Lower East Side People’s Federal C

  5. Article · Jul 16, 2026 · Oscar Perry Abello

    Newly-Passed Housing Reforms Includes Key Changes for Local Lenders (opens the original)

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    State and local governments currently have nearly $800 billion deposited in bank accounts across the country. What if more of those deposits were financing things communities actually need, like more housing that most people can actually afford or thriving main streets lined with local businesses? Congress recently passed the 21st Century ROAD to Housing Act, which many in the affordable housing and community development sectors are calling the most significant new housing policy in a generation

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