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The blueprint envisions the bank would make loans to support more affordable housing, small businesses owned by Black, indigenous and other people of color, and potentially even do some infrastructure lending for municipalities
Eye of the storm: Bay Area debt organizers are preparing for life post-moratoriums
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Debbie Notkin, founder of Strike Debt, photographed at her home on March 18, 2021.Patricia Chang/Special to SFGATE
How do you organize against trillions of dollars of debt and the lenders that control it?
It’s a stupefying question without a definitive answer or action plan because the numbers are so daunting and every debtor s situation varies so wildly. In March, SFGATE ran a feature story about Bay Area residents in debt, whether that be from medical bills or credit cards or college loans or business loans. Their traditional repayment alternatives haven’t actually been useful: maybe forbearance, maybe ignoring debt collectors as interest compounds.