Bloomberg Business + Equality, January 7, 2022, Wall Street Is Using Tech Firms Like Zillow To Eat Up Starter Homes A Bloomberg News analysis of more than 100,000 property records shows that Zillow and the two other biggest iBuyers, Opendoor Technologies Inc. and Offerpad Solutions Inc., are selling thousands of homes to landlords backed by KKR & Co., Cerberus Capital Management, Blackstone […]
NPR, January 7, 2022, Why Some Cities Are Operating Legal Homeless Camps Even In The Dead Of Winter The homelessness crisis, especially in major West Coast metro areas grabs the headlines: tent cities lining freeways and spreading into busy entertainment districts. But every night an untold number of people are also sleeping outside in smaller
NPR: Why some cities are operating legal homeless camps even in the dead of winter Read More »
The National Community Reinvestment Coalition (NCRC) submitted this week a detailed comment to the Consumer Financial Protection Bureau (CFPB) for its proposed rule on reporting and disseminating small business loan data required by Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
NCRC submits comment to the CFPB on Section 1071 Proposed Rule Read More »
hief Financial Officer. He will play a key role in advancing NCRC’s strategic priorities, including building organizational resiliency through the combined power of people and systems.
NCRC Hires Adnan Bokhari as Executive Vice President and CFO Read More »
across the nation through changes to state laws and elections administration that could enable local political appointees or state legislatures to manipulate voting, restrict access or even overturn results. They won’t need a riot.
Jan. 6 should be a lasting reminder that American democracy is fragile Read More »
Today, in response to the OCC’s rescission of the rule, the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC) agreed to dismiss their lawsuit challenging the rule.
Community Reinvestment Groups Commend Repeal of Disastrous Trump-era CRA Rule Changes Read More »
NCRC is thrilled to see the impact grantees are making with the support of the Field Empowerment Fund. The program’s final report and second round of funding will be available in Spring 2022.
NCRC’s Field Empowerment Fund Expands Funding for COVID-19 Economic Recovery Read More »
As acting-director of the FHFA, Thompson has already taken important steps to renew commitment to the affordable housing mission of the GSEs, including a new goal-focused exclusively on communities of color.
NCRC Supports Nomination of Sandra Thompson as FHFA Director Read More »
Getting the disastrous 2020 CRA rule fully rescinded was a hard-fought battle that involved comments from hundreds of our members across the nation and this is a huge victory for them and their communities. We’re relieved and welcome this action today from the OCC.
NCRC Welcomes OCC Final Rule to Rescind its Disastrous 2020 CRA Rule Read More »
To better understand the interconnectedness between race and SES within the small business lending arena, the National Community Reinvestment Coalition (NCRC), in conjunction with our academic partners – Dr. Sterling Bone (Utah State University), Dr. Maura Scott (Florida State University) and Dr. Glenn Chrisitinsan (Brigham Young University) – conducted matched-pair testing at financial institutions in the Washington, DC, metropolitan area between November and December 2020.
The Department of Housing and Urban Development (HUD) issued yesterday a statement and legal opinion supporting the use of Special Purpose Credit Programs (SPCPs).
DC Women Business Center Resource Coordinator Monti Taylor interviewed Alexes Haggins about her experience before deciding to launch her new business and the resources that supported her in the process.
A DC founder follows her father’s floral footsteps Read More »
Gusto, an all in one payroll and HR platform, has joined the National Community Reinvestment Coalition’s (NCRC) Innovation Council for Financial Inclusion.
Gusto Joins NCRC’s Innovation Council for Financial Inclusion Read More »
During the New Deal Era of the 1930s, the discriminatory practice of redlining was introduced in the United States. Neighborhoods with immigrants and people of color were labeled “red” and designated “hazardous” by the Home Owners’ Loan Corporation, and banks, realtors and public officials used those maps to deny loans and other investments in those
The Legacy of Redlining on Black Maternal Health Read More »
Today, the US House of Representatives passed the $1.7 trillion Build Back Better Act which includes significant investments in social spending and supports programs to fight climate change.
NCRC Commends House for Passage of Biden’s Historic Build Back Better Act Read More »
