NCRC

The Washington Post: Biden Says Racial Wealth Gap Is Closing. The Reality Is Complicated.

The Washington Post,June 6, 2024, Biden Says Racial Wealth Gap Is Closing. The Reality Is Complicated. Jesse Van Tol, president and chief executive of the National Community Reinvestment Coalition, said Biden deserves credit for pressing banks to expand special purpose credit programs, which are meant to reduce racial disparities in lending. But he added that there

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MarketWatch: The No. 1 Issue For Young Americans This Election? Not Student Loans, Abortion Or Guns — It’s Housing.

MarketWatch, June 5, 2024, The No. 1 Issue For Young Americans This Election? Not Student Loans, Abortion Or Guns — It’s Housing. Younger people in the U.S. are so frustrated by the real-estate market that housing affordability has become the top issue influencing their vote in this November’s election, according to a new survey. Record-high

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Washington Informer: DC Agencies Among Top Beneficiaries As HUD Announces $40 Million Boost For Housing Counseling Nationwide

Washington Informer, May 16, 2024, D.C. Agencies Among Top Beneficiaries As HUD Announces $40 Million Boost For Housing Counseling Nationwide Seven D.C. agencies are set to receive a substantial boost in funding totaling nearly $7 million, aimed at expanding housing counseling services for underserved communities.  Among the beneficiaries are Housing Counseling Services, Lydia’s House in

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Fortune: An Obscure 47-Year-Old Law Designed To Right The Historic Wrongs Of Redlining Was The ‘Original ESG Framework,’ Execs Say. Just Look At How Crown Heights And Bed-Stuy Have Changed

Fortune, May 16, 2024, An Obscure 47-Year-Old Law Designed To Right The Historic Wrongs Of Redlining Was The ‘Original ESG Framework,’ Execs Say. Just Look At How Crown Heights And Bed-Stuy Have Changed Within the finance sector, ESG might seem like a trend that’s only really caught on in the past few years—but a lesser-known

Fortune: An Obscure 47-Year-Old Law Designed To Right The Historic Wrongs Of Redlining Was The ‘Original ESG Framework,’ Execs Say. Just Look At How Crown Heights And Bed-Stuy Have Changed Read More »

Birmingham Times: Birmingham Business Conference Raises BAR For Community Change

Birmingham Times, May 17, 2024, Birmingham Business Conference Raises BAR For Community Change Dozens of business and community leaders gathered Thursday at the UAB Hilton Hotel on Birmingham’s Southside for Building Alabama Reinvestment (BAR) Conference’s “Banking on Change: Uncovering Opportunities in the South.” The daylong meeting centered on conversations and collaborations with speakers and panel

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Morning Star: During AAPI Month, Financial Advice For A Poorly Understood Group

Morning Star, May 16, 2024, During AAPI Month, Financial Advice For A Poorly Understood Group Income inequality is still increasing most rapidly among Asian American groups, compared to other demographics. Wealth gaps between the poorest Asian Americans and the wealthiest Asian Americans are still wider than gaps within any other racial group in the US. Vox has an

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Nonprofit Quarterly: Will New Rules For The Road Emerge For Bank Mergers?

Nonprofit Quarterly, May 8, 2024, Will New Rules For The Road Emerge For Bank Mergers? The [proposed] Capital One-Discover merger is a terrible, horrible, no good, very bad idea. Jesse Van Tol, CEO, National Community Reinvestment Coalition, conference keynote address, April 3, 2024 At NPQ, we have written from time to time about antitrust law—that is,

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The Baltimore Sun: Howard Officials Aim To Study Affordable Housing In The County

The Baltimore Sun, June 11, 2024, Howard Officials Aim To Study Affordable Housing In The County County Executive Calvin Ball recently signed an executive order establishing a 13-member Affordable Housing Working Group that will recommend goals and criteria for an affordable and accessible housing program in the county. “The establishment of the Affordable Housing Working

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The Guardian: Displaced By Climate Disasters, Ageing Americans Struggle To Find Housing

The Guardian, May 22, 2024, Displaced By Climate Disasters, Ageing Americans Struggle To Find Housing From their hillside home above Barre, Vermont, Doug and Rhoda Mason thought they were safe. It was 11 July 2023, and record rains were flooding their small city. Then, just before 5am, a landslide crashed into the Masons’ house. The mud

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The San Diego Voice & Viewpoint: HUD Announces $40 Million Boost For Housing Counseling Nationwide

The San Diego Voice & Viewpoint, May 21, 2024, HUD Announces $40 Million Boost for Housing Counseling Nationwide Ten California and seven Washington, D.C., agencies are set to receive a substantial boost in funding totaling nearly $11 million, aimed at expanding housing counseling services for underserved communities. Among the beneficiaries in California are A-1 Community Housing Services in Hayward,

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North Carolina Health News: HCA Pruned Staff At Mission Hospital, Reaped Soaring Profits, Academic Study Finds

North Carolina Health News, May 2, 2024, HCA Pruned Staff At Mission Hospital, Reaped Soaring Profits, Academic Study Finds Staff cuts have driven up patient-care profits at Mission Hospital in Asheville after HCA Healthcare acquired the facility, according to a draft report by Mark Hall, director of the health law and policy program at Wake Forest University. The report tracked the hospital’s

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Reuters: US Home Sales Post Second Straight Monthly Drop; House Prices Accelerate

Reuters, May 22, 2024, US Home Sales Post Second Straight Monthly Drop; House Prices Accelerate WASHINGTON, May 22 (Reuters) – U.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices weighed on demand, dealing another setback to the housing market. Though the report from the National Association of Realtors on

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