Oscar Abello

New York, São Tomé and Príncipe

Senior Economic Justice Correspondent at Next City

Senior Economic Justice Correspondent for @NextCityOrg. Author of The Banks We Deserve @islandpress [email protected] he/him #FilAm

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Articles

Welcome to Boyfriend Co-op, Brooklyn’s New Queer Coffee Shop and Cocktail Bar

3 weeks ago | nextcity.org | Oscar Abello |Melissa Simpson

This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks.
The CDFI Fund Is Under Fire. What Does That Mean for Community Development?

1 month ago | nextcity.org | Oscar Abello

Community development financial institutions around the country have been roiled by the Trump administration’s March 14 executive order targeting the CDFI Fund for elimination “to the maximum extent consistent with applicable law.”The White House issued the executive order only hours after President Trump had signed a budget bill that maintained funding for the CDFI Fund at its 2024 level of $324 million.
A Hispanic-Owned Community Bank’s Innovative Strategy for Building Affordable Homes

1 month ago | nextcity.org | Oscar Abello

When the pandemic hit, Mayra Ibarra moved back into her mother’s house to get some help with rent and childcare. There, she had to share a bedroom with her youngest son. Ibarra’s mother didn’t have internet access, but they quickly installed it so her son could attend kindergarten remotely. She bought him an old classroom chair, the kind with the desk attached to it, to keep in their bedroom.
Five Years In, Philly’s Kensington Corridor Trust Is Building Momentum

2 months ago | popularresistance.org | Oscar Abello

Above photo: The Waxery was the Kensington Corridor Trust’s first commercial tenant. Melissa Simpson. Eight new acquisitions were made last year. The Kensington Corridor Trust is growing its roots and capacity. The first time Yolanda Del Valle came to work at Sherry’s Restaurant, she was a teen covering a friend’s shift at the popular local diner, located for 50-plus years at the corner of Kensington and Ontario Avenues in Philadelphia.
Five Years In, Philly’s Kensington Corridor Trust Is Building Momentum

2 months ago | nextcity.org | Oscar Abello |Melissa Simpson

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To Build Just and Sustainable Cities, We Need To Reclaim Community Banking

2 months ago | nextcity.org | Oscar Abello

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Inside The Rise And Fall Of Hester Street

Jan 18, 2025 | popularresistance.org | Oscar Abello

Above photo:In August 2024, New York City’s community development luminary Hester Street announced that it was sunsetting after more than two decades. What went wrong? Right where Manhattan’s Chinatown and Lower East Side start fading into each other, the below-grade garden-style storefront that Hester Street Collaborative called home for most of its existence was constantly awash in color. Post-its everywhere. Whiteboards, easel pad paper stuck up on walls, covered in handwritten notes.
Inside the Rise and Fall of Hester Street

Jan 16, 2025 | nextcity.org | Oscar Abello

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Resilience And Regeneration, Disaster After Disaster

Oct 22, 2024 | popularresistance.org | Oscar Abello

Above photo: On Oct. 8, 2024, NOAA’s GOES East satellite captured this imagery of Hurricane Milton approaching the Gulf Coast of Florida. NOAA. Over the years, Next City has covered how disaster-affected communities have found ways to connect and build on ongoing efforts toward regeneration and reconstitution. Long before the winds and the rain and the flooding, there was already so much healing work that needed doing, and some of it was already happening. That’s not really in question.
Resilience and Regeneration, Disaster After Disaster

Oct 21, 2024 | nextcity.org | Oscar Abello

Long before the winds and the rain and the flooding, there was already so much healing work that needed doing, and some of it was already happening. That’s not really in question. Like the fungi beneath our feet, the work of regenerating, reconstituting and rebuilding never really stops, even in the aftermath of a hurricane or other disaster.