Race and the Subprime Crisis: The Future of Minority Neighborhoods

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6:00 p.m. - 8:00 p.m.

 

Race and The Subprime 

Milano and the Center for New York City Affairs presented the Nathan W. Levin Lecture on Public Policy featuring Hon. Maxine Waters, U.S. Representative (D-Calif.). 

Some critics blame the Community Reinvestment Act for the mortgage meltdown that prompted the current deep recession. Others point to the abuses of subprime lending and Wall Street manipulation. Yet questions about the impact of the economic collapse on African American communities—and about the future of  neighborhood stability, consumer access to credit and the role of race in public policy—remain unanswered.  As the federal government acts to reverse the economy's decline, what have we learned, and what does the future hold?

The lecture was followed by a discussion with
James Carr, COO, National Community Reinvestment Coalition
Sarah Ludwig, Executive Director, Neighborhood Economic Development Advocacy Project (NEDAP)
Edward Wright, CFO, City National Bank

Moderated by
Darrick Hamilton, Assistant Professor, Milano The New School for Management and Urban Policy

Watch the video.


Established in 1989 in honor of the late Nathan Levin, a trustee and acting president of The New School, the Nathan W. Levin Lecture on Public Policy explores the issues of race, poverty, and public policy.

The Federal Home Loan Bank of San Francisco has  provided additional support for this program.

 
Congresswoman Maxine Waters
 

 
Darrick Hamilton(1)
 
James Carr
 

Sarah Ludwig

Edward Wright

                         
    
Location:

Wollman Hall, Eugene Lang Building, 65 West 11th Street, 5th floor (enter at 66 West 12th Street)

Admission:
Free; seating is limited; reservations required by calling or emailing

Phone: 212.229.5418
Email:

centernyc@newschool.edu