How can I get this book?

Organizing Access to Capital: Advocacy and the Democratization of Financial Institutions edited by Gregory D. Squires

I especially want to read this chapter to get more info on the community reinvestment act: "Community Reinvestment in a Globalizing World: To Hold Banks Accountable, from the Bronx to Buenos Aires, Beijing, and Basel" – Matthew Lee

Between 1993 and 2000 the share of single-family home purchase mortgage loans going to low- and moderate-income borrowers increased from 19 percent to 29 percent. According to the National Community Reinvestment Coalition, the share of loans going to black households increased from 3.8 percent to 6.6 percent, while the Hispanic share increased from 4.0 percent to 6.9 percent.

Homeownership rates are at all-time high levels. In the first quarter of 2001 the national homeownership rate rose to 67.4 percent. The Joint Center for Housing Studies found that African American homeownership climbed to 47.6 percent and the Hispanic homeownership rate reached 46.3 percent. In central cities the homeownership rate reached a record high of 51.2 percent in 2000, according to the U.S. Department of Housing and Urban Development. All of these figures were the highest in the nation’s history. Though much remains to be done, clearly there has been progress in recent years.


I learned there is a proposed Community Reinvestment Modernization Act of 2001 (HR 865) introduced by Rep. Tom Barrett (D-WI) and Luis Gutierrez (D-IL) that broadens application of CRA beyond federally chartered depository institutions, increases data disclosure requirements and strengthens oversight responsibilities of appropriate authorities.

"The proposed legislation was inspired by two trends. First, the continuing disparities in wealth, homeownership and access to financial services between economically distressed, predominantly nonwhite central cities and more prosperous, disproportionately white, outlying urban and suburban communities. Second, the continuing consolidation within and among financial services industries that was reinforced by the Financial Services Modernization Act permitting banks, insurers and securities firms to enter into each others’ businesses in ways that had previously been prohibited by federal law.

To address these trends, the bill would enhance access to financial services for citizens of all economic circumstances and in all geographic areas; enhance the ability of financial institutions to meet the credit needs of all communities; and ensure that community reinvestment keeps pace with affiliations that are occurring in the financial services marketplace."