The new Opportunity Zones program could further accelerate data center development in rural communities, making it critical that these projects are community-led and designed to address their growing financial and resource demands, according to a new report from the National Community Reinvestment Coalition (NCRC).
Annually, these agencies serve over 85,000 households across the United States, with over 63,000 of those households falling under 80% of their regional median income levels. This grant funding will fuel their critical services, empowering families across the country to achieve housing stability and homeownership.
“We are deeply saddened by Irvin’s sudden passing,” said Jesse Van Tol, NCRC’s president and CEO. “As one of the founding board members of NCRC, he played a pivotal role in shaping our organization and was a tireless champion of our cause.”
NCRC Mourns Loss of Board Vice Chair Irvin Henderson Read More »
The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) today proposed sweeping changes to the Community Reinvestment Act (CRA) that would drastically weaken banks’ obligation to meet the credit needs of low- and moderate-income communities.
New CRA Proposal Is an Assault on Working-Class Communities Read More »
The letter outlines the unacceptable risks for low- and moderate-income communities, consumers and small businesses, as well as the safety and soundness of the financial system that would come from granting OppFi direct access to the banking system.
The summit will bring together advocates, lenders, developers, philanthropy, public sector, nonprofit leaders and community development practitioners for practical conversations grounded in what people and organizations are experiencing across the state.
NCRC To Host Reinvest Washington, a Regional Summit for Community Development Leaders Read More »
The new five-year agreement, which runs from January 1, 2026 through December 31, 2030, builds on First Merchants’ previous community commitments and reflects the bank’s continued growth and expanded footprint across Indiana, Michigan and Ohio.
“Any final stablecoin rule issued by the FDIC must address what happens when money that supports local lending moves into stablecoin systems with fewer public safeguards,” said NCRC Policy Director Tara Flynn.
NCRC Urges FDIC To Address Risk of Deposit Flight in GENIUS Act Rulemaking Read More »
“Payward/Kraken was previously sued by federal agencies for mixing its funds and digital assets with its customers’ assets, and yet it now wants the government’s seal of approval to become a national trust bank,” said Tara Flynn, NCRC’s policy director.
NCRC Opposes Kraken Application for a National Trust Bank Charter Read More »
The hypocrisy of discouraging lending to hard-working immigrants who pay taxes, while claiming that banks improperly ‘debanked’ some wealthy people based on their highly risky, often international, crypto transactions should be lost on no one.
NCRC Disagrees With CFPB Guidance Around Immigration Status Read More »
What do you want to talk about? Whose voices do you want to include? What new ideas, best practices or insights can you share from your work and experience?
Call for The 2027 Just Economy Conference Session Ideas Read More »
“Access to the banking system should not be a race to the bottom. Companies that rely on the public infrastructure should be required to serve communities fairly, disclose where their money goes and meet real community reinvestment obligations,” NCRC President and CEO Jesse Van Tol.
NCRC Warns Fintech Executive Order Dresses Up Deregulation As Innovation Read More »
NCRC is concerned that the bill’s stablecoin ‘yield’ prohibition may be too easy to evade. While the bill appears to prevent companies from paying consumers interest simply for holding stablecoins, it allows rewards tied to activity, loyalty, tenure and other product use.
This round will form two new labs focused on shared equity in housing and the benefits cliff. The labs will examine strategies that expand housing stability, economic mobility and access to opportunity.
NCRC Opens Nomination Period For 2 New Just Economy Labs Read More »
“Any final stablecoin rule issued by the OCC must address the significant risk of deposit flight, the impact on community investment and lending and the current massive consumer fraud losses,” said NCRC Policy Director Tara Flynn.
NCRC Urges OCC To Address Risks In GENIUS Act Proposed Rule Read More »
