Oscar Perry Abello
Next City
New York, NY, United States
Contact Oscar
Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
| Recent: |
|
| Past: |
|
Past articles by Oscar:
What Silicon Valley Bank’s Collapse Says About Banking And Community
Focusing on wealthy people and their startup investments is not a sign of good risk management at a bank. → Read More
This Investment Fund Wants To Close The Racial Wealth Gap In Community Banking
The Mission Driven Bank Fund is designed to invest wealth in community banks led by people of color. → Read More
Somebody Actually Started A New Credit Union. Here’s How They Did It.
A rare new credit union embodies the original, long-forgotten vision for community development finance. → Read More
Report: Minority-Owned Firms Are Missing Out On Billions in Federal Dollars
Businesses owned by people of color would have earned about $64 billion more if they received federal contracts in proportion to the share of businesses they represent in the economy, the report finds. → Read More
What the New Faces at the Fed Mean for Inequality in Cities
Meet the two new Black economists serving on the highest governing body of the country’s central banking system. → Read More
Bank Regulators Propose Overhaul of Redlining Law
The highly anticipated overhaul of Community Reinvestment Act regulations opens for comment. → Read More
East Bay Activists Unveil New Blueprint for a Regional Public Bank
The bank would make loans to support more affordable housing, small businesses owned by Black, Indigenous and other people of color, and potentially do infrastructure lending for municipalities. → Read More
Groundbreaking Small Business Loan Program Gets Long-Awaited Expansion
Nonprofit loan funds like Accompany Capital enable minority-owned businesses to thrive. The recent program expansion will allow them to give out more loans but will it be enough? → Read More
Former Wall Street Pro Says to Tackle Inequality, Start With Changing Wall Street
The Predistribution Initiative is devoted to reducing inequality by changing the basic business practices of Wall Street. What will it take for it to succeed? → Read More
We Sat Through an 8-Hour Bank Merger Hearing So You Didn’t Have To
What witnesses said about community reinvestment, small business lending, personal relationships with bankers and more. → Read More
Worker-Owned Corn Processing Co-Op Planting Seeds in the Philly Region
Masa Cooperativa taps into consumer demand for a key ingredient in tortillas and tamales. → Read More
With Donations as Small as $20, Land Trust Makes $9.4M Affordable Housing Buy in S.F.
They used zero public dollars to preserve a building and create wealth for tenants — and the deal could offer a financing model for community land trusts across the country. → Read More
Racial Justice On the Ballot for New York City Voters This Fall
What it took to get racial equity in front of voters — and what's left to do. → Read More
One of These Fintechs Is Not Like the Others
An estimated 30 million people have opened an account with a "neobank." But how do these platforms work, and why is this one different? → Read More
Maybe Commercial Rent Shouldn’t Be a Wedge Between Low-Income Housing and Local Business
Rising commercial rents are becoming a wedge between beloved local businesses and residents. → Read More
Worker-First Restaurant Model Steals Ideas From Private Equity (And That’s Okay)
With the restaurant industry in turmoil during the pandemic, worker-owned cooperatives have emerged as an alternative. But do they need to take a few pages from the private equity playbook? → Read More
It’s a Good Week to Start Thinking About Racism, the Economy and the Fed
The powerful but little understood Federal Reserve Open Market Committee is meeting today and tomorrow. Here’s a little about who they are and the important changes they’ve been through. → Read More
Black Credit Unions Coming Out of the Pandemic Stronger Than Before
Majority-Black credit unions, while being more numerous than other majority-minority credit unions, are smaller on average, and have more difficulty lending their assets out into their membership. Here's how to change that. → Read More
Boston Votes on Who Holds City Purse Strings
"The budget of the city is its moral compass. What it prioritizes, it funds." → Read More
In Open Letter, City Planning Agencies Acknowledge Their Racist History and Pledge to Do Better
City planning directors of 20 major cities have acknowledged the role planning has played in upholding systemic racism. Now they need to walk the walk. → Read More