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NCRC

The Wall Street Journal: Bank mergers get faster under Trump

“As banks grow and they hold more market share, they should produce more of a public benefit,” said Jesse Van Tol, chief executive of the National Community Reinvestment Coalition, a fair-lending advocacy group. “A way of ensuring that accountability is to have the public involved in the oversight of what they’re doing.”

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Daily News: Caddo Assets Services help community development continue bringing addiction recovery solutions

Caddo Assets Services Help Community Development, Inc., a nonprofit focusing on providing community and economic development for Indigenous People, is partnering with new programs that target drug addiction in rural areas of the United States. Some resources are expected come from the use of Community Benefits Agreements that mirror those of the National Community Reinvestment Coalition — such as the $30B CBA agreement with Fifth Third Bank.

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The Columbus Dispatch: Affordable housing, internet access and planning apps on Ginther’s 2019 agenda

Mayor Andrew J. Ginther of Columbus, Ohio sets his focus on investing millions of dollars into affordable housing in “opportunity neighborhoods” — identified as neighborhoods with the highest infant-mortality rate. The National Community Reinvestment Coalition is expected to contribute roughly $7.2 million dollars to help with the Mayor’s affordable housing initiatives.

The Columbus Dispatch: Affordable housing, internet access and planning apps on Ginther’s 2019 agenda Read More »

Credit Union Journal: Cheat sheet: Crapo plan reasserts Capitol Hill’s role in GSE reform

Senate Banking Committee Chairman Mike Crapo has a new plan for affordable housing that would replace the current goals. His plan includes a multi-guarantor system and giving the Federal Housing Finance Agency new responsibilities. The National Community Reinvestment Coalition has publicly criticized Chairman Crapo’s new plan ideas saying that the current affordable housing goals have been beneficial in home ownership.

Credit Union Journal: Cheat sheet: Crapo plan reasserts Capitol Hill’s role in GSE reform Read More »

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