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NCRC

Twenty Percent Down-payment Sanctions Unequal & Separate Lending

Unequal & Separate Lending System Between The Rich & Everyone Else, Throws Gas On Fire Undermining American Economy Washington, DC — John Taylor, president & CEO of the National Community Reinvestment Coalition (NCRC), released this statement at a press conference with U.S. Senators Johnny Isakson, Kay Hagan, and Mary Landrieu and U.S. Congressmen John Campbell […]

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The Emergency Homeowners’ Loan Program (EHLP)

NCRC’s Housing Counseling Network Offers Emergency Financial Assistance to Homeowners The U.S. Department of Housing and Urban Development and NeighborWorks America recently announced the recipients of Emergency Homeowners’ Loan Program (EHLP) grant funding. NCRC and its Housing Counseling Network (HCN) affiliates will receive funding to provide support to over 1400 households in approximately 13 states.

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Restore Housing Counseling Funds to 2012 Budget

Background on Housing Counseling With estimates showing a shadow inventory that numbers in the millions, it’s clear that the foreclosure crisis is not done wreaking havoc on the housing market. It seems that the ideal outcome for families, communities, and investors alike would include avoiding as many foreclosures as possible and keeping homes occupied. A

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NCRC Opposes Increase to FHA Down-payment

Washington, DC — John Taylor, President & CEO of the National Community Reinvestment Coalition, released this statement today about the Republican proposal to raise the Federal Housing Administration (FHA) minimum loan down payment to five percent. The proposal will be discussed at a House Financial Services Subcommittee hearing today. NCRC opposes an increase in the

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QRM | Qualified Residential Mortgages

Background on Qualified Residential Mortgages The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”) promoted responsible lending by requiring financial firms to retain 5 percent of the credit risk when they sell loans to investors. Leading up to the crisis, mortgage firms did not carefully underwrite loans and then sold loans to

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John Taylor on All Things Considered | April 13, 2011

NPR Radio | All Things Considered After several months of investigation into the so-called robo-signing scandal, federal banking regulators have issued cease-and-desist orders to 14 of the nation’s largest mortgage servicers. As a result, these firms — including Bank of America, JP Morgan Chase and Wells Fargo — will have to change the way they

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Politics Threaten to Undermine Meaningful Consumer Protection

An Axe to the Heart of Consumer Protection: Politics As Usual Threaten to Undermine Meaningful Consumer Protection Consumer Groups Call on Congress to Cease Efforts Aimed to Undermine the Consumer Financial Protection Bureau Washington, DC – As the House Financial Services Committee prepares to meet this Thursday to vote on newly introduced bills aimed to

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John Taylor on The Callie Crossley Show | May 4, 2011

(Un)affordable Housing | WGBH Radio 89.7 Over ten million cash-strapped renters are spending more than half their paycheck on rent and utilities, according to a new study from the Harvard University Joint Center For Housing Studies. At the same time that the housing market took a dive, construction on rental properties slowed, rentals became more

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National Achievement Awards

NCRC’s 2011 National Achievement Award winners: Recipient of the National Community Reinvestment Award | Inez Killingsworth, Empowering & Strengthening Ohio’s People, Cleveland, OH Recipient of the William H. Proxmire Award | Manuel “Manny” T. Gauna, Tiempo, Inc., Phoenix, AZ Recipient of the James Leach Award | HOPE Enterprise Corporation, Jackson, MS Recipient of the James

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Conference Resources

Conference Photos 2011 Check out all the great photos from 2011 Annual Conference! Evaluation Download evaluation form Other Resources NCRC 2011 Policy Priorities NCRC AG Settlement Summary Strengthening Democracy, Increasing Opportunities Accessing Capital in Small Cities (CEI Profile) The Myth of Rural Subsidies   Speaker Presentations Robert Egger, Positioning Your Organization for Growth…[VIDEO]    

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NCRC Opposes Weakening the CFPB

As Expected, Effort Underway To Weaken Consumer Financial Protection Bureau NCRC’s John Taylor Says Financial Lobby Strangling Reform Washington, DC – John Taylor, CEO and President of the National Community Reinvestment Coalition, released this statement today about the markup of legislation by the House Financial Services’ Subcommittee on Financial Institutions and Consumer Credit. Two bills

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NCRC Announces Grantees in National Neighbors Silver Initiative

Organizations Funded to Support and Empower Older Adults on Economic Security Issues

Washington DC — The National Community Reinvestment Coalition (NCRC), with support from  Atlantic Philanthropies, announced grantees in an initiative to organize and empower older adults across the country. National Neighbors Silver (NNS) brings community, public, and private sector partners together utilizing structured, neighborhood-focused education and organizing strategies that benefit older adults. The National Neighbors Silver grant will fund regional advocacy networks, facilitated by local organizers.

Five NCRC member organizations selected for this initiative were announced at NCRC’s annual conference last week. Empowering and Strengthening Ohio’s People of Cleveland, Ohio, United Neighbors of Davenport, Iowa, Faith Action for Community Equity of Honolulu, Hawaii, Northside Community Reinvestment Coalition/Jewish Community Action of Minneapolis, Minnesota and Causa Justa of Oakland California will be funded in the first year of NCRC’s National Neighbors Silver program.

The President of Atlantic Philanthropies, Gara La Marche made the first official announcement of the grantees at NCRC’s annual conference. “The National Community Reinvestment Coalition has a long history of listening to communities and helping to make change,” said Gara LaMarche. “We believe great things are possible when older adults are engaged to bring about change. We are delighted to celebrate the National Neighbors Silver grantees as they work to advocate with and on behalf of older adults across the country.”

In addition to the support of local organizers, each selected National Neighbors Silver site will engage older adult volunteers by training them in organizing and financial education strategies. These volunteers will become a part of an integral network of NNS leadership ambassadors, who will share best practices and strategies for organizing and educating their peers around issues of financial security.

“We’re confident that National Neighbors Silver will empower community organizations to address the needs of older adults at this critical time. The organizing and advocacy efforts of the groups we’ve selected will expand access to direct services and generate policy changes that will enhance the lives of older adults in communities across the country,” said John Taylor, President and CEO of NCRC.

The National Neighbors Silver initiative will fund five organizations over three funding cycles, for a total of 15 organizations. Each funding cycle for this program will last three years. For information about future funding opportunities, please contact Ed Gorman, Chief Membership and Workforce Officer at egorman@ncrc.org.

About the National Neighbors Silver Grantees:

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NCRC Concludes Successful Annual Conference

Esteemed National Achievement Awards Presented to Seven Community Leaders

Washington, DC – On Friday, the National Community Reinvestment Coalition (NCRC) recognized seven community leaders and organizations for their outstanding work and extraordinary contributions to their communities. The National Achievement Awards were presented during NCRC’s 2011 annual conference to individuals and organizations that are leading efforts to expand financial access for working families and communities.

Last Friday’s National Achievement Awards dinner brought a close to NCRC’s successful four day conference, held at the Washington Court Hotel in Washington, DC. Over 500 participants from across the nation partook in over 25 in-depth and comprehensive trainings, workshops, and plenary sessions, on topics including financial reform, foreclosure prevention, neighborhood stabilization and job creation. Attendees also heard from keynote speakers including: Sheila Bair, Chairman, U.S. Federal Deposit Insurance Corporation (FDIC); Senator Jon Tester, Chair of the Economic Policy Subcommittee of the Senate Banking Committee; Senator Jeff Merkley, Senate Banking Committee; Senator Al Franken, Senate Judiciary Committee; Thomas Perez, Assistant Attorney General of Civil Rights, U.S. Department of Justice; the Rev. Jesse Jackson; and Gara LaMarche, President of Atlantic Philanthropies.

John Taylor, President & CEO of NCRC, made this statement in tribute to the seven award winners and in conclusion of the well-received conference: “NCRC’s National Achievement Award winners embody the movement for fair access to capital and credit. They are leaders in their field, worthy of being celebrated and supported. These community leaders aren’t standing by waiting for help; they’re going out there and making change happen, in some cases despite incredible odds. With every conference, we hope to empower and train the next generation of community leaders.”

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As Congress Skirmishes on Budget, Community Groups Gather to Call for New Leadership on Critical Economic Issues

Washington, DC — As the federal government faces a possible shutdown, local community organizations will gather in Washington, DC to call for renewed efforts to prevent foreclosures, create jobs and stabilize communities, building on model programs and efforts at the local level. Joined by its state-based member organizations, the National Community Reinvestment Coalition (NCRC) hosts its

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