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Manan Shah

Manan Shah is thrilled to work as the Government Affairs Associate at NCRC and is passionate about efforts to reduce the racial wealth gap. Manan’s passion stems from his experiences in his hometown, Lynchburg, Virginia. As a student of Title I schools, Manan witnessed his low-income, peers of color face systemic barriers such as a […]

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FY 2026 Budget Deal: Final Funding for HUD, CDFI, SBA – and What’s Next for DHS

On February 3, President Trump signed H.R.7148 Consolidated Appropriations Act of 2026 into law, which will fund most of the federal government until September 30. The package included five of the six remaining appropriations bills and corresponding earmarks that Congress had not yet passed:   Financial Services and General Government  State, Foreign Operations and Related Programs  Defense  Labor, Health, and Human Services, Education and Related Agencies  Transportation,

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After the Shutdown: What We Learned about SNAP’s Vulnerabilities

The federal government shutdown that began on October 1 created immediate uncertainty for millions of households that rely on the Supplemental Nutrition Assistance Program (SNAP). Although the shutdown has ended, the disruption revealed how fragile our nation’s food assistance infrastructure really is.  A single lapse in federal funding brought SNAP to the brink of severe

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NCRC’s Comment on the CFPB’s Proposed Rule to Undermine the Equal Credit Opportunity Act (Regulation B)

Complete the form to download the pdf: Yes, send me updates by email about NCRC research, events and news. Download Now Complete the form to download the pdf: Download December 12, 2025 Acting Director Russell VoughtConsumer Financial Protection Bureau1700 G Street, NWWashington, D.C. 20552 Re: Equal Credit Opportunity Act (Regulation B); Docket No. CFPB-2025-0039 or

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Funding Futures: Scale Link’s New Secondary Market for CDFI Loans is Strengthening Underserved Small Businesses

Locally-owned small businesses are almost universally admired. Yet, in a banking industry where bigger is seen as better, warm words rarely translate into hard cash. Small businesses have become a viable pathway towards economic mobility for entrepreneurs and the cornerstone of community development revitalization efforts in historically underinvested communities. However, minority-owned businesses have had to

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How Trump’s Use of Rescissions Could Threaten Community Development Work

Many nonprofits in the community and economic development space are concerned about federal funds and grants being temporarily withheld or permanently canceled via an executive action known as rescission. The Trump Administration has been using rescissions to withhold funding from nonprofits supporting low- to moderate-income communities. This article explains the rescission process, its political implications

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President Trump’s Severe Medicaid and SNAP Cuts Will Sabotage Economic Justice Work

Severe cuts to social assistance programs recently signed into law by President Trump will upend life for lower-income families — and could even put people out of their homes. Belinda is a senior citizen living in Bernalillo County, New Mexico. In 2004, she qualified for a home loan with a monthly payment of $130 based

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Swiped Away: How Rising Credit Card Fees Are Affecting Colorado’s Small Businesses

The Colorado General Assembly has recently introduced a bill that would protect small businesses from dubious credit card swipe fees that are cutting into their profits. The Swipe Fee Fairness and Consumer Safeguards Act seeks to level the playing field for small businesses by putting an end to the practices that allow swipe fees to

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