Anti-Payday Lending Grantees 2014

Organization Area served Purpose Amount
California Reinvestment Coalition San Mateo and Santa Clara To support a statewide campaign to mobilize advocates to press for strong Consumer Financial Protection Bureau rules and other statewide reforms, and to provide technical assistance on local advocacy campaigns led by Santa Clara County and San Mateo County cohort members. $125,000
Center for Responsible Lending San Mateo and Santa Clara To support statewide policy efforts on California Department of Business Oversight rulemaking and legislative monitoring of payday lenders, and federal  policy efforts with the Consumer Financial Protection Bureau to strengthen its regulatory oversight to end the payday debt trap. $100,000
Community Legal Services in East Palo Alto San Mateo To support a dramatic reduction in the negative impact of payday lending in southern San Mateo County through delivery of comprehensive community education and outreach, advocacy for local ordinances and a campaign to support implementation of tough new Consumer Financial Protection Bureau rules at the federal level. $55,000
Law Foundation of Silicon Valley Santa Clara To support the Coalition Against Payday Predators, a collaboration of community-based organizations working to limit the reckless financial practices of payday lenders across Santa Clara County. $237,000
Policy and Economic Research Council (PERC) San Mateo and Santa Clara To support a collaborative project between PERC and Mission Asset Fund to develop a simple, graphic tool for advocates, policymakers and journalists that visually demonstrates the magnitude of "credit invisibility" in Silicon Valley, and how it could be reduced. $75,000
Public Justice Foundation San Mateo and Santa Clara To support strategic litigation and policy advocacy that combats payday lending industry attempts to bypass California consumer protection laws through the exploitation of Native American tribal immunity. $50,000
Youth Leadership Institute San Mateo To support the engagement of youth leaders across San Mateo County in anti-payday lending advocacy campaigns, while building a movement to push federal legislation to regulate the industry and advocate for quality youth financial products. $125,000
    Total $767,000