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In Mississippi, Research Shows Economic and Racial Justice Begins with Affordable Housing

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Across Mississippi, more than 41 percent of all renters are cost-burdened, defined by the Department of Housing and Urban Development as paying more than 30 percent of household income toward housing costs and, as a result, having “difficulty affording necessities such as food, clothing, transportation and medical care.” More than one out of every five renter households in Mississippi is extremely cost-burdened, defined as paying more than 50 percent of household income toward housing costs.

Banking Deserts Hinder Educational, Economic Growth in Black Mississippi Communities

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The duplicitous nature of the relationship between policy makers and Wall Street opens the door to predatory lenders who prey on disenfranchised residents whose only access to banking is check cashing centers, payday-loan stores and ATMs. Major banking institutions like Wells Fargo and TD Bank have agreed to pay back hundreds of millions of dollars in restitution for illegal practices that targeted ADOS and other marginalized consumers.