Moral Economy


Every person, regardless of race, education, or wealth, should have the opportunity to thrive while doing dignified work that enhances the community. The Moral Economy Campaign works to ensure that families in low and moderate-income communities are at the tables where economic policy is shaped in their cities, counties, and state. By ensuring every family has a voice, we can ensure access to good jobs, healthcare, and affordable housing while confronting economic exploitation.

 

Issue Priorities

The Moral Economy Campaign focuses on three issue priorities:

  • Eliminating predatory lending practices, including payday and title lending

  • Ensuring access to basic needs, including healthy food, healthcare, and housing

  • Fighting for good, dignified jobs with a living wage and fair working conditions

 

Partners

  • Faith in Texas is a key member of the Texas Fair Lending Alliance, an alliance of over 60 organizations working to transform the Texas payday and auto title loan market from one based on a cycle of debt, to one that thrives on a cycle of success.

  • The Moral Economy Campaign works with the American Heart Association of Texas and the Voices for Healthy Food Initiative to pursue solutions for healthy food access.

  • Faith in Texas has worked with Workers Defense Project to adopt the Better Builder Standards.


 

Current Initiatives:

  • Payday Lending Ordinances: Faith in Texas has helped seven cities, including Mesquite, Hurst, Euless, Bedford, and DeSoto, adopt ordinances regulating payday and title loans using the Texas Municipal League Model, and is working on initiatives in Richardson, Grapevine, and Irving.

  • Consumer Financial Protection Bureau Payday Lending Rules: Faith in Texas contributed over 900 individual comments to the CFPB rule-making process on payday and title loans supporting a strong federal rule that would ensure lenders assess the affordability of their products. The Moral Economy Campaign continues to meet with CFPB officials to encourage a strong rule and opposes efforts in Congress to remove their authority to do so.

  • Healthy Food Finance Initiative: Faith in Texas is working with the American Heart Association to support healthy food finance initiatives at the local and state level. Healthy Food Finance Initiatives leverage public-private partnerships to create grants and low-cost loans for retailers and non-profit organizations that are increasing healthy food access in underserved communities.