NCRC

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 […]

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

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

The Conversation, July 3, 2024, Detroit’s Legacy Of Housing Inequity Has Caused Long-Term Health Impacts ? These Policies Can Help Mitigate That Harm Detroiters who face rising rents, poor living conditions and systemic barriers to affordable and safe housing are at greater risk of poor health, our research finds. We study the connection between housing inequities and health, with the

Washington City Paper, July 3, 2024, D.C. Landlord Agrees Not To Break Fair Housing Laws And Will Pay $235K in Legal Fees In Settlement Real estate group AIR Communities agreed not to unlawfully discriminate against housing voucher recipients and will pay hundreds of thousands of dollars in legal fees as part of a settlement agreement announced this

The Denver Foundation, June 20, 2024, Report Shows Good Results in Denver’s Pay for Success Housing Model In 2022, a group of partner organizations launched Denver’s Housing to Health (H2H) pilot program to serve populations experiencing chronic homelessness. Particularly those who also experience a disproportionate share of arrests for offenses associated with homelessness and are

Yahoo Finance, July 5, 2024, Largest Consumer Bank Chase Hints Increased Cost To Consumers For Everyday Banking Services Marianne Lake, head of Chase Bank, a division of JPMorgan Chase & Co. (NYSE:JPM), has issued a warning to its 86 million customers: prepare for potential new charges on their bank accounts. Lake highlighted that proposed regulations aimed at capping

Gothamist, July 8, 2024, Landlords Of NYC Affordable Housing Launch New Venture To Combat Spiking Insurance Costs Several affordable housing landlords are fighting back against skyrocketing insurance rates with a new strategy that they say will get costs under control and improve conditions for tenants: insuring themselves. The owners of a combined 80,000 apartments —

Bloomberg, June 5, 2024, Richest New Jersey Neighborhood Dealt Blow In Cheap-Housing Spat The wealthy township of Millburn, New Jersey, has lost a key battle in its fight to stop 75 affordable apartments from being built on the town dump. Home to Short Hills, the state’s richest ZIP code, Millburn had bet on convincing a court

Axios, June 3, 2024, Utah Sees Wide Homeownership Gap Between White And Black Households Utah’s homeownership rate is higher than the rest of the nation. Yes, but: About 74% of white non-Hispanics own and occupy their homes, compared to 27% of Black households and about 54% of Latino households, per a University of Utah Kem C.

The Baltimore Banner, June 4, 2024, The Baltimore Banner: A Worker-Owned Co-Op Is Giving Baltimore’s Vacant Homes — And People — A Second Chance There’s no one-size-fits-all solution for when a city contains more than 13,000 vacant homes and some 20,000 empty lots. Instead, Baltimore’s vast vacant housing landscape has ushered in waves of new

North Carolina Health News, May 2, 2024, HCA Pruned Staff At Mission Hospital, Reaped Soaring Profits, Academic Study Finds Staff cuts have driven up patient-care profits at Mission Hospital in Asheville after HCA Healthcare acquired the facility, according to a draft report by Mark Hall, director of the health law and policy program at Wake Forest University. The report tracked the hospital’s