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NCRC

The Washington Post: Study: D.C. has had the highest ‘intensity’ of gentrification of any U.S. city

A gentrification study conducted by the National Community Reinvestment Coalition (NCRC) revealed that over 20,000 black Washington, D.C. residents have been displaced due to gentrification between the years of 2000 and 2013. This makes D.C. the highest gentrified city; following is Philadelphia and New York City. “You feel it and you see it,” said Jesse Van Tol, chief executive of NCRC, a research and advocacy coalition of 600 community organizations that promote economic and racial justice. “It’s the visibility and the pace of it.”

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Shifting Neighborhoods: Gentrification and Cultural Displacement in American Cities

Shifting Neighborhoods Gentrification and cultural displacement in American cities [mashshare]   Jason Richardson, Director, Research & Evaluation, NCRCBruce Mitchell, Ph.D., Senior Research Analyst, NCRCJuan Franco, Senior GIS Specialist, NCRC March 19, 2019 EXECUTIVE SUMMARY Gentrification is a powerful force for economic change in our cities, but it is often accompanied by extreme and unnecessary cultural

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Montgomery Advertiser: Southern Poverty Law Center fires co-founder Morris Dees

The Southern Poverty Law Center fired Morris Dees, the nonprofit civil rights organization’s co-founder and former chief litigator.SPLC President Richard Cohen said in a statement Dees’ dismissal over his misconduct was effective on Wednesday, March 13. When pressed for details on what led to the termination, the organization declined to elaborate.

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MarketWatch: CFPB director gets pressed on whether she can calculate APR

Rep. Katie Porter, D-CA, pulls out her self-authored textbook and a calculator during a House Financial Services Committee hearing because CFPB Director Kathy Kraninger did not give the definition of ‘annual percentage rate’ (APR) that was sufficient for Porter. Porter also gave Kraninger a practice problem where the director was asked to find the APR. The director would not, or could not, answer the question.

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The New York Times: JPMorgan Chase stops funding private prison companies, and immigration activists applaud

JPMorgan Chase & Company announced that it will stop financing private operators of prisons and detention centers, possibly as a response to Trump’s administration increasing its attempts to detain undocumented migrants in privately run prisons or due to public pressure to do so.

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Bankrate: Powell promotes rate pause in final remarks before upcoming Fed meeting

Federal Reserve Chairman Jerome Powell concluded his 72 hour optimistic outlook of the economy by addressing the National Community Reinvestment Coalition at its Just Economy Conference about how the, although strong, economy is not improving the lives of low-moderate income people.

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Bristol Herald Courier: TD Bank Welcomes Michael Innis-Thompson as Senior Vice President, Head of National Community Lending

Michael Innis-Thompson has been appointed to Senior Vice President of the Head of National Community Lending for the bank’s Residential Lending businesses. Innis-Thompson serves the National Community Reinvestment Coalition as well as other community and culture-oriented organizations.

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