Philanthropy Now Podcast: Local Banks Fight Displacement

With the Philanthropy Now podcast series, we explore trends in the world of philanthropy, social impact initiatives in Silicon Valley and beyond, and look at how SVCF promotes innovative philanthropic solutions to challenging problems.

Over the past decade, Bay Area communities have faced intense gentrification pressure, resulting in increased evictions of residents and small businesses.

In this episode, Bert Feuss, Senior Vice President of Investments at SVCF, and Kevin Stein, Deputy Director at the California Reinvestment Coalition, discuss forces contributing to rapid gentrification in the Bay Area and the role of the Anti-Displacement Code of Conduct, which calls on banks to end financing practices that lead to the eviction and displacement of residents.

 

 
Bert Feuss, SVCF Senior Vice President of Investments
and Kevin Stein, California Reinvestment Coalition Deputy Diretor 

 

What you will learn:

  • What the California Reinvestment Coalition (CRC) is and how it became a SVCF grantee.
  • The origin of the Anti-Displacement Code of Conduct.
  • How banks have taken advantage of a blind spot in the Community Reinvestment Act.
  • What you can do to support this work and help fight displacement.

Resources from this episode:

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