Urban Affairs Coalition's Community and Economic Development (CED) department brings capital to communities by building bridges between low- and moderate-income areas and mainstream financial institutions.

The goals of the department include:

• Bringing capital to underserved communities to ensure the stability, growth and vitality of the region.
• Enabling low- and moderate-income individuals to become more economically empowered through better, personal financial management
• Helping residents, businesses, and institutions in low- and moderate- income areas to protect and build their assets
• Developing strategies to address community and economic development concerns in the region

Do not fall victim to predatory lending! Examples of redlining tactics or irregularities in mortgage include:

• Difficulty getting an in-person appointment with a loan officer
• Not receiving a written pre-approval or quote when the loan officer promised one
• Not receiving return phone calls from a loan officer, and
• Refusal to provide a loan application after the loan officer learns of the race of the applicant, the racial makeup of the neighborhood where the consumer intends to buy the home or other information relating to the racial or ethnic characteristics of the area.

Consumers who believe they may be victims of these types of tactics should contact the Office of Attorney General at Discrimination@attorneygeneral.gov or call the office’s Civil Rights section at (717) 787-0882.

Interested in working with community & economic development in Philadelphia? We are looking for interns! To apply, please send a resume and short cover letter to Meagan Schaefer at mschaefer@uac.org.

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Follow us @CEDPhilly and CED Philly for news and updates on community and economic development in Philadelphia!