Recent research reveals that homeowners with lower credit scores or who live in neighborhoods of color are often charged more for property insurance coverage even when the disaster risks they face are comparable to those paying less for insurance. As climate risk grows, borrowers perceived by insurance companies as having riskier credit characteristics could be disproportionally burdened by higher insurance costs that undermine their financial stability.
On the 20th anniversary of Hurricane Katrina, AFR/AFREF’s Associate Director of Housing Policy Caroline Nagy joined a webinar, “Katrina at 20: Climate Capital, Injustice, and the Path Forward,” hosted by Manley Consulting Group, The Horizon Project, Hip Hop Caucus, and Majority Action.
Private equity firms have poured record amounts into the data center sector, snapping up billions of dollars’ worth of digital real estate. Private equity has spent nearly $200 billion to finance data center deals, with the vast majority of this spending hidden from public view. Private equity was behind nearly 80 to 90 percent of completed mergers and acquisitions in the sector since 2022.