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Oscar Perry Abello

@oscarthinks.bsky.social
531 followers 455 following 549 posts

Senior Economic Justice Correspondent, @nextcity.org. Author of The Banks We Deserve bookshop.org/p/books/the-banks-we-d… Based in NYC. He/him 🇵🇭 oscar@nextcity.org

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Oscar Perry Abello @oscarthinks.bsky.social · 13/08/2026
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Oscar Perry Abello @oscarthinks.bsky.social · 07/08/2026
New York City: Let’s tax the rich. Finally. The rich: I don’t have time to prove I live here most of the time but I do have time to *file a lawsuit* www.wsj.com/us-news/new-...
wsj.com
New York City Homeowners Sue Over Mamdani’s Pied-à-Terre Tax Rollout
The lawsuit represents an early test of the mayor’s housing levy.
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Reposted by Oscar Perry Abello
Jonathan Welle @wellejonathan.bsky.social · 03/08/2026
Excellent reporting I find nowhere else on a pressing issue. Hats off to @oscarthinks.bsky.social
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Oscar Perry Abello @oscarthinks.bsky.social · 22/07/2026
Finanta has made $580 million in loans and investments since inception in 1992. Of that, 86% has been loaned or invested in borrowers or businesses located in low-income communities, and 64% has gone to borrowers of color.
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Oscar Perry Abello @oscarthinks.bsky.social · 21/07/2026
Once upon a time, in the wake of financial institutions abandoning certain communities because of race or class, community organizers in those communities started their own institutions to replace them — instead of waiting for larger institutions to figure out how to serve their neighborhoods.
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Oscar Perry Abello @oscarthinks.bsky.social · 17/07/2026
It's been a long time since any policy changes that actually centered community banks. The new housing act includes changes that practitioners and advocates say will empower local lenders to finance more housing that people can afford & more economic opportunities that actually pay living wages.
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Oscar Perry Abello @oscarthinks.bsky.social · 14/07/2026
😵‍💫
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Oscar Perry Abello @oscarthinks.bsky.social · 26/06/2026
Hey #AAJA26 if you bought my book at the conference bookstore come find me later and I can sign it for you 🖊️ I’ll be at the Northeast chapters mixer tonight Or come to our solutions journalism session tomorrow at 9am
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Oscar Perry Abello @oscarthinks.bsky.social · 20/06/2026
What’s the over/under on how many #knicks #mermaids today? 🔵🟠🗽🧜‍♀️🧜‍♂️
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Oscar Perry Abello @oscarthinks.bsky.social · 11/06/2026
“when local news disappears…municipal borrowing costs rise. Without journalists monitoring local officials, the risk of wasteful spending and corruption increases. Lenders respond by charging higher interest rates…” www.rebuildlocalnews.org/new-report-r...
rebuildlocalnews.org
New Report Reveals Local News Shortage is Costing Communities $1.1 Billion a Year
Researchers link expanding news deserts to higher borrowing costs for local governments, based on analysis of bond‑market data.
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Oscar Perry Abello @oscarthinks.bsky.social · 01/05/2026
Yesterday, the NCUA announced the involuntary liquidation of People Trust Community Federal Credit Union. Unfortunate news for what had been, and in some ways still remains, a bright beacon in a time of uncertainty and turmoil in the world of community development finance.
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Heather Boyer @hboyer.bsky.social · 25/04/2026
Some of our amazing @islandpress.bsky.social authors are coming to our booth (#308) at APA. Danielle Arigoni (pictured). Sun: 10:00 John Zeanah, 11:00 Oscar Perry Abello; Mon: 10:00 Don Elliott #NPC26 @daniellearigoni.bsky.social @oscarthinks.bsky.social
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Lucas Grindley @lucasgrindley.bsky.social · 15/04/2026
I hope that other national and local outlets are paying attention to what's happening to this credit union in Arkansas. @oscarthinks.bsky.social does an expert job of explaining for @nextcity.org.
nextcity.org
Why Are Federal Regulators Trying To Take Away This Credit Union?
People Trust Community Federal Credit Union gave Little Rock's underbanked Black entrepreneurs a home. Now federal regulators have seized it — and industry leaders say they've seen this before.
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Oscar Perry Abello @oscarthinks.bsky.social · 10/04/2026
Called it
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Oscar Perry Abello @oscarthinks.bsky.social · 28/03/2026
Bon appetit. #billionairesrow #nokings
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Oscar Perry Abello @oscarthinks.bsky.social · 28/03/2026
Tough news for supporters of public banking in San Francisco and to some extent elsewhere. Jackie Fielder has been a leader on this issue for the past decade or so.
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A Public Affair @apublicaffair.bsky.social · 25/03/2026
🎙️Behind strong communities are strong community banks, but there aren't enough of them. On today's show Dan Morgan of the Bank of North Dakota and @oscarthinks.bsky.social discuss the future of public banking. Listen here: www.wortfm.org/banking-is-t...
wortfm.org
Banking Is Too Important to Leave to the Bankers - WORT-FM 89.9
Zoe Sullivan is in conversation with Don Morgan and Oscar Perry Abello about the benefits of public banking.
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Oscar Perry Abello @oscarthinks.bsky.social · 25/03/2026
So much fun joining host Zoe Sullivan for today's episode of @apublicaffair.bsky.social on WORT-FM radio in Madison, Wisconsin. A real honor to be in conversation w/ Don Morgan, CEO of the Bank of North Dakota, the oldest & for many decades last remaining state-owned bank in the country.
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Lucas Grindley @lucasgrindley.bsky.social · 04/03/2026
A gold medal outcome for community investment models.
nextcity.org
Oakland Figure Skater Alysa Liu’s Gold Medal Story Has a Surprising Lesson for Cities
A joyful, ebullient performance on ice provides a reason to look back at a landmark community investment program that no longer exists.
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Oscar Perry Abello @oscarthinks.bsky.social · 19/03/2026
Let’s also hold ourselves responsible as the media. Organizers should never have to make a calculated move to keep violence a secret b/c speaking up will reduce their movement’s power b/c the media love heroes, strong men especially they can build a story around. medium.com/@dolores_hue...
medium.com
A Statement from Dolores Huerta
March 18, 2026
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Oscar Perry Abello @oscarthinks.bsky.social · 19/03/2026
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Lucas Grindley @lucasgrindley.bsky.social · 17/03/2026
When it comes to the complexities of finance—especially the good kind—there's no one I trust more than @oscarthinks.bsky.social to explain what's really going on. The latest example:
nextcity.org
CDFI Assets Fell For The First Time In Years. Here’s What That Really Means.
Credit unions serving low-income populations are increasingly letting their CDFI certification lapse. But they’re not retreating from their mission.
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Oscar Perry Abello @oscarthinks.bsky.social · 10/03/2026
Three years ago, Adelphi Bank in Columbus, OH opened its doors to become the first new African American-designated bank since 2003. It's since grown to $100 million in assets, including $23 million in construction loans & $35 million in commercial real estate loans. nextcity.org/urbanist-new...
nextcity.org
Three Years In, America’s First New Black-Led Bank in 20 Years Is Picking Up Steam
Adelphi Bank in Columbus has grown to $100 million in total assets by leaning into what community banks do best.
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Lucas Grindley @lucasgrindley.bsky.social · 16/03/2026
These organizers are working not on neighborhood "preservation," not on "revitalization," but "revival." Reported by @nextcity.org's @oscarthinks.bsky.social, here's what that means to them.
nextcity.org
Black Commercial Corridors Are Still Banking On Culture
From West Oakland to Birmingham, historic commercial districts in Black neighborhoods are using cultural preservation to drive community investment.
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Oscar Perry Abello @oscarthinks.bsky.social · 17/03/2026
If Wallace stayed down the shore at his grandma’s 😭😭😭
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Oscar Perry Abello @oscarthinks.bsky.social · 13/03/2026
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Sylvia Chi 齊思涵 @sylviachi.bsky.social · 12/03/2026
Are there *any* Republican Party leaders who have denounced this or Rep. Ogles' similarly straightforwardly anti-Muslim posts? Per Politico, nothing from Johnson or Thune yet. www.politico.com/live-updates...
politico.com
Tuberville shares social media post suggesting Muslims are ‘the enemy’
GOP leadership has remained quiet as a growing number of party members post Islamophobic rhetoric on social media.
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Oscar Perry Abello @oscarthinks.bsky.social · 12/03/2026
Private credit bubble got you worried? Some basic facts to keep in mind. Private credit and private equity share some similiarities, including the fact that many of the same big Wall Street asset management firms do both, or have ties across both sides like pension funds invested in both.
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Oscar Perry Abello @oscarthinks.bsky.social · 11/03/2026
Such a complex issue with so many layers and complicating factors. While this very well done story touches on the plight of Casa Adela, it leaves out the fact that its building is a low-income limited equity housing co-op w/ 16 units above two storefronts. So Casa Adela's landlords live upstairs.
citylimits.org
How NYC's Housing Crisis is Squeezing its Small Businesses - City Limits
As New York City housing costs continue to outpace incomes, the pressure ricochets through commercial corridors, pushing out some of the very businesses that define them. 
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Oscar Perry Abello @oscarthinks.bsky.social · 10/03/2026
media.tenor.com
a man in a suit is laughing while playing a keyboard in a dark room .
ALT: a man in a suit is laughing while playing a keyboard in a dark room .
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Oscar Perry Abello @oscarthinks.bsky.social · 10/03/2026
👀👀👀
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Oscar Perry Abello @oscarthinks.bsky.social · 10/03/2026
🧐🧐🧐
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Oscar Perry Abello @oscarthinks.bsky.social · 10/03/2026
Maybe it's just me, but I'm noticing recently another perhaps historic uptick in despair & grief. I get it. There are real reasons to feel those things right now. I'm not here to deny that. But let me show you how I know it's possible to know how fucked up the world is and still choose to hope.
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Clay Wallace @claywallace.bsky.social · 03/03/2026
Explainer from @anabelrose.bsky.social on how Lexington's medical debt relief uses municipal funds to wipe the slate clean - and how organizers in Paducah are pursuing the same partnership via a crowdfunding campaign.
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Oscar Perry Abello @oscarthinks.bsky.social · 03/03/2026
“The facet of Chinese people that most Americans interact with is through Chinatown,” says Liu. “We had poorly misrepresented tea, which [my father] thought was a huge misrepresentation of our culture and even our values.” nextcity.org/features/the...
nextcity.org
The Bobafication of Manhattan’s Chinatown
The proliferation of bubble tea shops displacing Chinatown’s legacy businesses might not “look” like gentrification. That makes it even more insidious, some say.
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Oscar Perry Abello @oscarthinks.bsky.social · 03/03/2026
"...between 2010 and 2020, the population of Philadelphia’s historic districts grew almost five times as fast as the city as a whole, which suggests new housing is being built despite the additional oversight." -- @ingasaffron.bsky.social 🔥🔥🔥 www.inquirer.com/columnists/h...
inquirer.com
Historic preservation isn’t the villain in the debate over housing affordability
By practicing ‘gentle density,’ these architects create more housing for less money, using fewer natural resources.
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Oscar Perry Abello @oscarthinks.bsky.social · 02/03/2026
Lexington KY paid a nonprofit $1M to eliminate $90M in medical debt. Some local officials are mad the nonprofit's overhead is too high at 34%. What do you think? 25% interest on $90M over 20 yrs = ~$1.8M/month in monthly debt payments back into Lexington's economy. nextcity.org/urbanist-new...
nextcity.org
In Two Kentucky Cities, Two Different Models To Erasing Medical Debt
Lexington used a $1 million public contract to wipe out millions in hospital bills. In rural Paducah, organizers are crowdfunding — hoping to clear a fraction of that total without city hall.
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Oscar Perry Abello @oscarthinks.bsky.social · 02/03/2026
So excited to announce...Next City's 2026 Vanguard Conference is in...Chicago! We only accept ~40 new Vanguard fellows a year. Long days out and about in the city, (optional) late nights nerding out about what we saw or heard about that day. Early bird deadline 4/7. nextcity.org/press/entry/...
nextcity.org
Chicago Is the Host City for Next City’s 2026 Vanguard Conference
Apply today to join our next cohort and join us in Chicago this September.
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Oscar Perry Abello @oscarthinks.bsky.social · 02/03/2026
Move along, nothing to see here www.clevelandfed.org/publications... www.businessinsider.com/institutiona...
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TracingVRL @tracingvrl.bsky.social · 28/02/2026
Had it been left to the free market, Alyssa Liu's hometown ice rink would not have existed. The Redevelopment Agency -- which Gov Jerry Brown eliminated in 2012 to close a budget deficit -- bought the parcel of land to save it from being a parking lot nextcity.org/features/oak... Great article:
nextcity.org
Oakland Figure Skater Alysa Liu’s Gold Medal Story Has a Surprising Lesson for Cities
A joyful, ebullient performance on ice provides a reason to look back at a landmark community investment program that no longer exists.
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Oscar Perry Abello @oscarthinks.bsky.social · 02/03/2026
Okay but who performed at the reception
media.tenor.com
a blurry picture of a group of people standing next to each other in a pool .
ALT: a blurry picture of a group of people standing next to each other in a pool .
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Oscar Perry Abello @oscarthinks.bsky.social · 01/03/2026
Just putting this out there, in case it might not be clear because I have one book out already, I don’t have a literary agent but I’m open to working with one. I wish I had more time to do something about it but my working time is consumed by, well, reporting and actually writing. 🤷🏻‍♂️
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Black Intellect Media @blackintellect.bsky.social · 28/02/2026
Oakland Figure Skater Alysa Liu’s Gold Medal Story Has a Surprising Lesson for Cities nextcity.org/features/oak...
nextcity.org
Oakland Figure Skater Alysa Liu’s Gold Medal Story Has a Surprising Lesson for Cities
A joyful, ebullient performance on ice provides a reason to look back at a landmark community investment program that no longer exists.
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Kat Ferreira @katferreira.bsky.social · 17/02/2026
"If you say revitalization, what that really means is we’re going to demolish everything and put something new and then probably put a plaque on the ground...This is a site. This is what people know to be the front of Esther’s. That’s what we call revival.” nextcity.org/features/bla...
nextcity.org
Black Commercial Corridors Are Still Banking On Culture
From West Oakland to Birmingham, historic commercial districts in Black neighborhoods are using cultural preservation to drive community investment.
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Oscar Perry Abello @oscarthinks.bsky.social · 28/02/2026
New York City is going to explode tomorrow
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Oscar Perry Abello @oscarthinks.bsky.social · 27/02/2026
It turns out California’s now-defunct redevelopment agency system had a key role in the making of the Bay Area’s newest local heroine, Olympic gold medal figure skater #AlysaLiu
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Oscar Perry Abello @oscarthinks.bsky.social · 26/02/2026
This moment still lives rent free in my head
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Oscar Perry Abello @oscarthinks.bsky.social · 25/02/2026
🫥🫥🫥
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Jim Saksa @jimsaksa.com · 25/02/2026
If you were a sane person who didn't watch the SOTU but wanted to find out about some of the lies that were stated during it, check this out! www.democracydocket.com/news-alerts/...
democracydocket.com
In State of Union, Trump lies about most restrictive voting bill in U.S. history
If it became law, the bill would disenfranchise millions of eligible voters.
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Oscar Perry Abello @oscarthinks.bsky.social · 25/02/2026
“…the brains of expert birders…were more dense in areas related to attention & perception. Such tissue density may indicate increased communication between neurons…structural differences associated w/ more accurate bird identification.” Cc @rachelholliday.bsky.social www.nbcnews.com/health/healt...
nbcnews.com
'Birdbrain' benefits: How being an expert birdwatcher may boost cognition
New research shows that seasoned birders — including older adults — had denser tissue in parts of the brain tied to attention and perception.
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