During the National Community Reinvestment Coalition’s Just Economy Conference, keynote speaker Lael Brainard of the Federal Reserve expressed her vision for the future of the Community Reinvestment Act.
Kitco: Fed’s Brainard: More flexible community law could help credit ‘deserts’ Read More »
The National Community Reinvestment Coalition and other national organizations endorsed the American Housing and Mobility Act — which controlled the cost of renting or buying a home, reduced the cost of housing, provided assistance to those hurt by Federal housing policies, and provided nondiscriminatory policy practices for financial and housing institutions.
From 2000 to 2013, Baltimore experienced the fifth highest rate of gentrification in the United States, ranking behind bustling cities such as New York, Los Angeles, Washington D.C. and Philadelphia, according to a new study by the National Community Reinvestment Coalition (NCRC), a nonprofit that tries to steer investment into underserved communities.
In light of the racist comments made by the Governor of Virginia, it revealed the racist roots of Virginia. Even 50 years after Congress passed the Fair Housing Act and banned these discriminatory practices, a massive study was released by the National Community Reinvestment Coalition, which researched how redlined communities have or have not changed over the years.
Virginia Mercury: As he talks equity, Gov. Northam continues to ignore Union Hill Read More »
The National Community Reinvestment Coalition released a report showing that Washington, D.C. was the most gentrified city between the years 2000-2013. Recently, there has been complaints from “new” residents about go-go music playing in a cell phone store but local residents, who have had no problem with the music for decades, have came together to create a petition to keep the music playing.
NewsOne: Gentrified D.C. tries to whitewash Chocolate City by targeting go-go music Read More »
CityLab, April 5th, 2019: Where gentrification is an emergency, and where it’s not Ron Daniels, president of the Baltimore-based civil-rights network Institute of the Black World 21st Century, assembled a group of some of the foremost African American social-justice advocates, thinkers and influencers to Newark this weekend for an emergency summit on gentrification. The emergency
CityLab: Where gentrification is an emergency, and where it’s not Read More »
In 1966, a group of Boston-area parents and administrators created a busing program called METCO to help desegregate schools. They thought of it as a quick fix to a passing problem. But the problem hasn’t passed, and METCO isn’t enough to fix it.
The Atlantic: The utter inadequacy of America’s effort to desegregate schools Read More »
A turnaround in interest rates turned borrowers back on their heels last week, deflating a quick boom in refinance demand.
CNBC: Mortgage refinance boom goes bust as rates shift higher Read More »
Public has negative views of the country’s racial progress; more than half say Trump has made race relations worse.
Pew Research Center: Race in America 2019 Read More »
Internet literacy programs for older generations have become popular because this demographic is more susceptible to believing inaccurate political information and falling victim to internet scams.
A study of demographic changes in Philadelphia neighborhoods finds that an influx of more-affluent newcomers can erode community ties—or strengthen them.
CityLab: What happens to community bonds when a neighborhood gentrifies Read More »
The cost of fixing the nation’s widening affordable housing shortage measures in the billions of dollars. But if the healthcare costs that come with this lack of housing security are factored in, replenishing and expanding our low-income housing stock becomes an even better investment.
Curbed: As affordable housing crisis worsens, Trump proposes more cuts Read More »
One day prior to Brian Moynihan’s, the CEO of Bank of America, testimony before the House Financial Services Committee, Moynihan announced that Bank of America will be raising its minimum wage to $20 an hour over the next two years.
NBC News: Bank of America is raising its minimum wage for employees to $20 an hour Read More »
According to a new study from the National Community Reinvestment Coalition, Pittsburgh is the eighth most gentrified city in America.
Pittsburgh City Paper: Pittsburgh is one of the most gentrified cities in the U.S. Read More »
A recent study by the National Community Reinvestment Coalition found that Washington, D.C., experienced the highest “intensity of gentrification” of any city in the U.S. between 2000 and 2013. According to the study, about 40 percent of the city’s lower-income neighborhoods experienced gentrification during that period, displacing thousands of residents with lower incomes, including 20,000 black residents.
