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NCRC

Joint letter: request for meeting to discuss preserving access and affordability in Government Sponsored Enterprise reform

We, the undersigned civil and human rights organizations, write to express our profound concern with the ongoing discussions in Congress about comprehensive Government Sponsored Enterprise (GSE) reform legislation, and to request a meeting to ensure that our perspectives are taken into account in this very important effort.

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Preserving the GSEs is key to preserving affordability

Nearly nine years after the U.S. government seized both of them at the height of the Great Recession, Fannie and Freddie remain under the control of the federal government. The good news is they’re profitable again. The bad news is they no longer play a significant role helping the working class obtain affordable home loans. 

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Jerry Kellman

Senior Advisor, Organizing  jkellman@ncrc.org 847.612.6531 Gerald (Jerry) Kellman has worked with NCRC as a Senior Advisor since 2014. He works on community benefits agreements; regional reinvestment coalitions, campaigns and summits; and capacity building for member organizations. Kellman began organizing as part of the civil rights movement. He cofounded the Gamaliel organizing network and developed grassroots

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Fast Company: America’s affordable housing crisis Is driving its homelessness crisis

There’s a clear link between a lack of places to live and the number of people sleeping out of doors at night. And the solution is clear, too: Cities need to double down not just on homeless services, but on building more affordable housing, and quickly.

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HousingWire: Senate Banking Committee introduces repeal of Dodd-Frank Act

The Senate Banking Committee will begin its markup today of a bill that would roll back the Dodd-Frank Act. Experts see it as a dangerous step. The Center for Responsible Lending, the National Community Reinvestment Coalition and the National Consumer Law Center all oppose the bill.

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Would Trump’s CRA Reform Really “Do No Harm?”

Young doctors entering the medical field take the Hippocratic Oath requiring them to deliver quality and ethical care. This cardinal rule of medicine should be applied as the Trump administration mulls Community Reinvestment Act (CRA) reform. The first rule must be to “do no harm” and enact no “reform” that results in less lending and investing in underserved communities.

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