This is part of a series of profiles showcasing the talented entrepreneurs of NCRC’s DC Women’s Business Center. GoPursue is a women-owned business started by Kathryn Breisch that helps students discover careers. What kind of product or service do you sell? We’re a Software-as-a-Service company that helps high school and college students figure out what […]
DCWBC Women Entrepreneur Profile: GoPursue Read More »
While many economic indicators are better than they have been in years, leading to recently published reports asserting that income inequality is not as bad as we have been told, many people are working multiple jobs just to get by.
What you need to know about income inequality Read More »
NCRC President and CEO Jesse Van Tol testified Friday, July 19, at a public hearing on the proposed Capital One-Discover merger. Here are his prepared remarks: Good Morning, I’m Jesse Van Tol, President and CEO of NCRC. This merger is a terrible, horrible, no good, very bad idea. And I could just end my testimony
NCRC’s Jesse Van Tol Provided Remarks At Capital One – Discover Hearing Read More »
NCRC Senior Policy Advisor Kevin Hill testified Friday, July 19, at a public hearing on the proposed Capital One-Discover merger. Here are his prepared remarks: Hello, I’m Kevin Hill with NCRC. The OCC and the Federal Reserve must deny Capital One’s application to acquire Discover Bank. This merger would further consolidate the credit card industry,
NCRC’s Kevin Hill Provided Remarks At Capital One – Discover Merger Hearing Read More »
A day after Capital One announced support from four community organizations, 138 others blasted the proposed Capital One-Discover merger in a letter.
A Capital One-Neighborworks deal resembles ‘a backdoor endorsement of the merger and a serious conflict of interest just as OCC and Fed staff review the deal.’
NCRC Statement On Capital One’s Promises To Marginalized Communities Read More »
(Download) July 12, 2024 To Whom it May Concern: NCRC appreciates this opportunity to comment on the Federal Housing Finance Agency’s (FHFA’s) request for information (RFI) regarding the mission of the Federal Home Loan Banks (FHLB) and their support of affordable housing and community development. The FHFA must sharpen the FHLBank mission statement and performance
NCRC comment on FHLB Bank Mission Read More »
Two recent studies of health equity work show the challenges that community development and public health organizations face in building trust.
The July jobs report hints at a softening economic picture — especially with household budgets continuing to feel the squeeze of inflation.
In memory of a dynamic woman who left positive marks on the communities she served.
Remembering Inez Long Read More »
The Detroit Reinvestment Coalition, Community Development Advocates of Detroit (CDAD) and the National Community Reinvestment Coalition (NCRC) will host Just Economy: Detroit September 24 in Detroit, Michigan. The one-day summit will center a question with no simple answer: What will it take to make a just economy a local reality in Detroit? The legacy of
NCRC, CDAD and Detroit Reinvestment Coalition Announce Just Economy: Detroit Read More »
National Bankers Association, June 10, 2024, The Social Impact Of MDI Mortgage Lending In this report, we explore MDI mortgage lending from 2019-2022. Recent Federal Reserve data illustrates that homeownership was a key driver of wealth for U.S. households during this pandemic era, especially for minority households. Our analysis highlights the social impact of MDI mortgage
National Bankers Association: The Social Impact Of MDI Mortgage Lending Read More »
The Colorado Sun, June 1, 2024, Good Food And Stable Housing Have Huge Effects On Health. So Colorado Medicaid Wants To Cover Those, Too. For people who can’t afford safe housing or nutritious food, doctor visits and hospital stays can only do so much to fix health problems. That’s the premise behind a plan to
US Economic Development Administration, July 2, 2024, Biden-Harris Administration Announces Next Funding Round Of $504 Million For 12 Tech Hubs Across America The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), announced another funding round of approximately $504 million in implementation grants to 12 Tech Hubs to scale up the production of critical technologies,
Bloomberg, July 2, 2024, Homebuilders Cut On ‘Sluggish’ Housing Market, Florida Woes Homebuilder-stock analysts are increasingly worried about signs of softening in key hot spots like Florida and Texas. Lennar Corp. and D.R. Horton Inc. were downgraded by Citigroup Inc. analyst Anthony Pettinari on concerns the housing market could stay “sluggish” in the second half of the year. Raymond James
Bloomberg: Homebuilders Cut On ‘Sluggish’ Housing Market, Florida Woes Read More »
CNBC, July 2, 2024, How Thousands Of Americans Got Caught In Fintech’s False Promise And Lost Access To Bank Accounts When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to sign up. The app made saving money fun and easy, and Craft, a now 25-year-old FedEx driver
Reuters, July 2, 2024, US Voters Press Congress Candidates To Fix Housing Crisis From suburban New York to rural Montana, candidates for U.S. Congress are getting an earful from voters stressed by stratospheric housing costs, interviews with Democratic and Republican campaigns and Reuters/Ipsos polling showed. At campaign stops in his New York state district, Democratic U.S. Representative
Reuters: US Voters Press Congress Candidates To Fix Housing Crisis Read More »
