Today, in reaction to the release of the Federal Housing Finance Agency’s (FHFA) final Duty to Serve rule, NCRC President and CEO John Taylor made the following statement: “The Duty to Serve framework that the FHFA has outlined is an important complement to the affordable housing goals in reaching the three underserved markets it targets […]
NCRC Statement on FHFA’s Final Duty to Serve Rule Read More »
Washington – Today, the National Community Reinvestment Coalition (NCRC) and 20 civil rights and consumer advocacy groups sent a letter to Mel Watt, Director of the Federal Housing Finance Agency (FHFA), and Jacob Lew, Secretary of the U.S. Department of the Treasury, expressing concern about the Government Sponsored Enterprises’ (GSEs) Single Family Housing Goals performance and tighter access
Letter to the Federal Housing Finance Agency and Department of the Treasury on GSE Housing Goal Performance and Pricing (Download PDF)
How CRA Can Promote Integration and Prevent Displacement in Gentrifying Neighborhoods (Download PDF)
How CRA Can Promote Integration and Prevent Displacement in Gentrifying Neighborhoods Read More »
Washington – The National Community Reinvestment Coalition’s Washington, DC Women’s Business Center (DC WBC) will hold its Third Annual “Shop, Sip and Celebrate” Holiday Bazaar this year on Tuesday, December 6, 2016. The DC WBC Holiday Bazaar is a pop-up marketplace to showcase local women-owned small businesses, many of which are DC WBC clients. It
Washington, DC – Today, in reaction to the news that Steve Mnuchin will be President-Elect Donald Trump’s nominee to serve as Secretary of the Department of the Treasury, and subsequent remarks from Mr. Mnuchin, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement: “NCRC has long advocated for the
NCRC Statement on Selection of Steve Mnuchin as Treasury Secretary Nominee Read More »
Washington, DC – Today, in an agreement reached with the National Community Reinvestment Coalition (NCRC) and its community-based members and allies across the Midwest and Southeast, Fifth Third Bank announced an increase to their landmark community benefits agreement to $30 billion. The commitment covers community development, including lending and investments, between 2016 and 2020. Fifth
Washington, DC – Today, in reaction to a ProPublica report on Facebook allowing advertisers to exclude users by race, the National Community Reinvestment Coalition (NCRC) made the following statement: “NCRC is shocked and appalled to learn that Facebook appears to be engaging in practices that are not only discriminatory, but also illegal,” said NCRC President and CEO John Taylor.
NCRC Statement on Facebook Advertising Practices Read More »
Washington, DC – Today, 90 community, consumer, and civil rights groups sent a letter led by the National Community Reinvestment Coalition (NCRC) to the Office of the Comptroller of the Currency (OCC) outlining the preferred path for regulation of financial technology companies (fintechs), such as online marketplace lenders, if they are granted charters by the regulator. The groups propose
Letter to OCC Regarding Fintechs (Download PDF)
Letter to OCC Regarding Fintechs Read More »
Washington, DC – Today, on the 39th anniversary of the date the Community Reinvestment Act (CRA) was signed into law by President Jimmy Carter in 1977, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “For nearly four decades, the Community Reinvestment Act has been instrumental in creating billions of dollars
NCRC Celebrates 39th Anniversary of the Signing of the Community Reinvestment Act Read More »
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded letters from members of the U.S. Senate and U.S. House of Representatives to the financial regulators expressing concerns about enforcement of the Community Reinvestment Act (CRA) and calling for reforms to its guidance and regulations. NCRC President and CEO John Taylor made the following
NCRC Applauds Congressional Letters Calling for CRA Regulatory Reform Read More »
Washington, DC – Today, in reaction to the release of the 2015 Home Mortgage Disclosure Act (HMDA) data, the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement. “It is clear from this data that much more needs to be done to increase responsible lending to low- and moderate-income communities
NCRC Statement on the Release of 2015 Home Mortgage Disclosure Act Data Read More »
Washington, DC – Today, in response to the U.S. Department of Housing and Urban Development’s (HUD) announcement of new rulemakings and guidance to provide protections for individuals with Limited English Proficiency (LEP), victims of sexual harassment and survivors of domestic violence, and to ensure access to fair housing regardless of gender identity, the National Community
