We are incredibly pleased to announce that as of October 5th, 2008 the IRS determined that we are "exempt from Federal income tax under section 501(c)3 of the Internal Revenue Code." Hooray!

Special thanks to go MoveSmart.org board member Jay Readey, who helped navigate us through the tricky waters of tax exemption, and the Community Economic Development Law Project, who connected us to Jay in the first place.

Cross-Posted from the From Poverty to Opportunity blog.

First it was Fox News Channel host Neil Cavuto, then Minnesota's Rep. Michelle Bachmann. Now the always obnoxious Anne Coulter is joining the chorus with a column entitled, "They Gave Your Mortgage to a Less Qualified Minority".

It is important to label these attacks for what they are - the racist scapegoating of the credit crisis on racial and ethnic minorities.

I've been wrangling with a post on the implications of the Wall Street bailout for housing advocates for the past few days with little luck, but when a draft of Stella Adams' commentary came across a fair housing listserve last night my worries were over.