ipl-logo

Community Reinvestment Act Essay

303 Words2 Pages

The housing market heavily depend on supply and demand in determining equilibrium prices for buyers and sellers in the real estate market. The number of homes for sale make up the supply in the housing market. As sale prices increase, the demand to purchase a home decrease and as prices decrease the demand to purchase a home will increase. Reaching an equilibrium point where buyers and sellers can agree, homes will be sold accordingly. Construction and supplier cost play a major role in production, affecting the act of selling a home and the expectant sellers profit. The Community Reinvestment Act (CRA) enacted by Congress in 1977 with intentions of encouraging depository institutions to help meet credit needs of the communities in which

Show More
Related

  • Charter School Act Of 1998 Essay

    3645 Words  | 15 Pages

    1 Running Head: THE CHARTER SCHOOL ACT OF 1998 The Charter School Act of 1998 and its Socio-political Reality Social, cultural, and political variables impact the lives of our children, including their development. One explores the socio-political reality of the Charter School Act of 1998 to our society. There are unwavering viewpoints for and staunch positions against the Act. The Charter School Act of 1998 created an antagonistic war of words concerning the direction of public education.

    Read More

  • Newton Boston Case

    1205 Words  | 5 Pages

    The low inventory of properties has caused prices to increase. If you are looking to sell your home, you can enjoy having a seller's market. Even a starter home could cost you at least $500,000 if it is within the city's limits. Few listed houses show price reductions, and the number of new listings is fairly low. If you are a buyer and find a good deal on a home, snatch it up right away.

    Read More

  • African American Dream Essay

    260 Words  | 2 Pages

    (Summer of 1879) As an African American wife who recently joined the western migration, along with my husband, I am optimistic about the opportunity we have to become landowners. Thanks to the new addition of the 13th amendment, my husband and I are considered lawful freedmen. We now have the right to live a lifestyle opposite of the suffering we endured back in the South.

    Read More

  • Dbq Essay On Assistance To The Poor

    880 Words  | 4 Pages

    People in authority tend to disregard those who and that which does not benefit them, since the poor did not seem to benefit anybody, people in authority found them useless. (documents 2,3,4) Emperor Charles V had said in an imperial decree for the Netherlands in 1531, that the poor should be helped enough to have the power to survive on their own and not constantly giving them alms (Doc 2). “Many errors and abuses will result, for they will fall into idleness” (Doc 2) Charles V had stated that those who constantly beg for food or money take advantage of the kindness of the European population which will cause them to maintain that lifestyle of only begging for someone to help. Since Emperor Charles V is someone who has to give orders and have

    Read More

  • Balanced Budget Act Essay

    463 Words  | 2 Pages

    The Balance Budget Act (BBA) of 1997 made substantial changes to nearly all aspects of the Medicare program to contain spending. The Act was the largest reductions in federal Medicaid spending in Medicaid since 1981. It was expected that the Act will achieve a gross federal Medicaid savings of $17 billion over five years and $61.4 billion in ten years. After the legislation 's offsetting increases in Medicaid spending are accounted for, there was a further anticipation of a net federal Medicaid savings of $7.3 billion over the next five years and $36.9 billion over the next ten years. Some revision to the Act was made in 1999 but the key provisions were as follows.

    Read More

  • Fannie Mae Essay

    764 Words  | 4 Pages

    The growing demand of houses and properties has seen a rise in the property rates in Chicago and in some areas of Chicago the prices are really pushed up. In this scenario it becomes difficult for people to fulfill their housing needs. Year after year the prices are soaring high with an increase of 4.86% in the Chicago area and in Illinois the increase is 3.8% in the third quarter of the year. For other states the rise is around 9.6 percent in Nevada, 10 percent in Arizona, and 11.6 percent in Washington,

    Read More

  • Federal Aid Highway Act Essay

    525 Words  | 3 Pages

    In 1956, Congress passed a new Federal-Aid Highway Act. Taking about 35 years to build with the estimated cost about $114 billion, thus giving us the outcome of more than 47,000 miles of highway. Now today we have more than ten times that amount. Like then safety was always the government's top priority, but with technology changing more and more everyday we’re not really sure how to safely incorporate into our highway system. The U.S. Secretary of Transportation Elaine L. Chao delivered a speech last year talking about some benefits we could gain from new technology, but of course with that also came many challenges we may have to face, but the question on everyone’s mind is, is there a way we could factor in technology safely, and beneficiary for everyone.

    Read More

  • Welfare Reform Essay

    1395 Words  | 6 Pages

    Defining the Issue: What is welfare? Welfare is a term used to describe a variety of state or federal government programs that provide primarily assistance to individuals and families that meet specific requirements, such as people with low incomes or limited resources. These programs may provide financial assistance, health care, food assistance, housing assistance, and other types of support to help people meet their basic needs. These programs include food stamps (SNAP), Temporary Assistance for Needy Families (TANF), and Supplemental Security Income (SSI). What is welfare reform and what is the goal of welfare reform?

    Read More

  • Legistration Act Essay

    606 Words  | 3 Pages

    Debates have risen over the arrival of the new legislative bill that requires every super-powered individual to reveal their identity and register with the government. Supporters believe it is necessary for this bill to be enforced, as it will allow the super-humans to fight responsibly and put civilians at ease. Critics of the bill argue that it violates the privacy and freedom of the super-humans. Seeing that both arguments are valid, the Super-Human Registration Act (SHRA) should be implemented in such a way that it secures the safety of civilians by governing the super-humans and their powers, while also ensuring privacy for themselves and their loved ones.

    Read More

  • Monetary Policy Bubble

    541 Words  | 3 Pages

    Low-interest rates boosted the credit and real estate market boom. Investment expenditure on housing stimulated the activity of other sectors and became one of the activities that contributed greatly to the recovery of the North American economy, which peaked in 2004. Sponsored by low-interest rates, house prices grew rapidly. This revaluation of real estate had another effect on mortgages that were mostly contracted at a fixed rate. It was attractive to refinance a debt to agree to a lower rate and obtain a loan of a greater amount to acquire another house or, what great part of the families residing in the USA.

    Read More

  • Voting Rights Act Essay

    974 Words  | 4 Pages

    The Continuing Importance of the Voting Rights Act On June 25, 2013, the Supreme Court made its final decision on the Shelby County, Alabama v Holder Case, deeming Section 4 of the Voting Rights Act, passed by Congress in 1965 and extended many times, unconstitutional. Section 5, although not being struck down, became insignificant without Section 4 as it was the triggering formula that determined the coverage of Section 5. This Supreme Court decision took away the key part of the Voting Rights Act, which was an important method for the federal government to oversee and enforce the enfranchisement of black people in some states. While justifying their decision, the Court mentioned that Section 4 only applied to specific states and it was

    Read More

  • African American Community Essay

    1225 Words  | 5 Pages

    There are a variety of programs and interventions available in order to help the African American population better the obesity epidemic. One of the initiatives that has been established, is the African American Collaborative Obesity Research Network (AACORN). According to their website, they are a “Collaboration of U.S researchers, scholars-in-training and community based research partners” (......). AACORN was founded in 2002 by Shiriki Kumayinka, an African American public health and nutrition researcher. The organization was initiated in order to support obesity research by individuals who are familiar with African American life experiences within the research field.

    Read More

  • Progressive Reform Movement Essay

    997 Words  | 4 Pages

    The Progressive Reform Movement The Progressive Era is often looked as an age of reformation from the economic boom in the Gilded Age. From around 1890 to 1920s, citizens of the progressive reform movement had plans to amplify our American government and economy. The different outlooks and biases have created many interpretations of this era, along with many others. Historians have many different interpretations of the reform movement during the Progressive Era.

    Read More

  • Bridges Out Of Poverty Essay

    1896 Words  | 8 Pages

    Bridges out of Poverty provided valuable insight on how to better understand the constructs of poverty, as well as offering strategies for how to help those living in poverty transition to middle class. The book was designed to help readers recognize and address issues contributing to poverty. There are many different hidden rules that exist within each socioeconomic class. Using the resources available in this book can help those living in poverty gain insight on what is trapping them in the poverty cycle. In addition, it can help those of us who are already living within the middle-class identify the reoccurring patterns of poverty and what we can do to assist in the development from poverty to middle-class.

    Read More

  • Welfare Argument Essay

    963 Words  | 4 Pages

    A perfect human society may never exist. Because of this, flawless equality may never be reached. Whether it is socially or economically, there will always be a group less fortunate than the rest. For example, in modern day society, over 100 million citizens in America are living in poverty, totaling to over 35 percent of the population who are in need. This has caused the creation of many government welfare programs, such as Child Care and LIHEAP.

    Read More

More about Community Reinvestment Act Essay

Open Document