Robust Section 1071 Small Business Data Needed: Data Drives the Movement for Economic Justice
NCRC members sound off on how looming regulatory decisions on data rules affect their work, their neighbors, and their communities.
Lend Us a Paw: Ask the FDIC to Close the Rent-a-Bank Loophole
Banks help other lenders get around state laws to facilitate abusive puppy mills and trap pet owners in predatory loans. Federal regulators can put a stop to it.
Dozens Of Community Groups Call On Regulators To Reject Blockchain Startup Figure’s Bank Charter Application
“Any company that wants to provide banking services has to embrace the public responsibilities that come with operating a bank,” NCRC President and CEO Jesse Van Tol said.
Will Section 1071 Data Reporting Boost Lending to Underserved Small Businesses or Lead to Consolidation and Reduce Product Choice?
The banking industry’s criticism of proposed new rules for small business lending data collection is flawed and deceptive.
Experience ShopHER! FOX 5 DC visits ShopHER at Union Station
www.shopherwbc.org Fox 5 DC visited ShopHER this week to showcase the local, women-owned small businesses and their fantastic products from DC and around the world. Visit ShopHER on the second floor of Union Station to purchase unique Holiday Gifts!
NCRC CRA and Race Webinar
Online Event Archive Recorded December 15, 2021 As you know, the Community Reinvestment Act (CRA) was enacted to ensure much-needed investment and capital makes it to low- and moderate-income (LMI) communities. But NCRC’s research has shown that the majority of communities that were redlined in the 20th Century are still lower-income and also predominantly communities …
NCRC welcomes FDIC review of bank merger guidelines
Some banks and other lenders have gotten away for too long with racial discrimination and bias in lending.
‘ShopHER’ at Union Station Pops Up for DC Shoppers
New popup retail space features globally sourced, produced and inspired goods by women-owned businesses from the DC Metro area.
NCRC applauds New York expansion of state Community Reinvestment Act to cover non-banks
New York is now among a group of states, including Illinois and Massachusetts, that have recognized the need to ensure that all lenders, not just banks, make mortgages available to credit-worthy borrowers in all communities.
90.7 WMFE – Orlando, FL: Transcript
Segregation best neighborhoods were almost exclusively White and hazardous neighborhoods were mainly comprised of minorities. This process is known as redlining Bruce Mitchell, senior research analyst at the National Community Reinvestment Coalition explains the redline process it’s systematic approach evaluation neighborhoods that will SA and postage to shake really resulted in which communities we’re given mortgage launch and which commanders were not and know in most cases is H also appraisers.
OaklandSide: ‘The community will be uplifted’: Oakland’s new skating rink is about more than recreation
Johnson believes the UMOJA rink has the potential to shine a much-needed spotlight on Eastmont, and help to jumpstart other business and cultural activities that can stem the displacement of Black people from the neighborhood. Oakland and San Francisco recently topped a list of the “most intensely gentrified” U.S. cities in a study conducted by the National Community Reinvestment Coalition.
The Boston Scope: Dorchester Food Co-op – a model for community ownership in a neighborhood “not for sale”
With its alternative structure and ideals, the co-op has secured its first brick-and-mortar location during a pivotal moment for Dorchester. According to a 2017 study by the National Community Reinvestment Coalition, the neighborhood of Dorchester was in the lower 40th percentile of income and home value and therefore “eligible for gentrification.”
Boss Magazine: How Real Estate Developers Like Kevin Seawright Are Fighting Back Against Gentrification
A study published by the National Community Reinvestment Coalition would reveal that Baltimore was among the top seven cities in the United States when it came to gentrification. The study utilized data accrued between 2000 and 2013 of more than 935 metro areas within the country, dissecting the leading causes and effects of gentrification along the way.
Chicago Tribune: John Oliver broke down housing discrimination on the latest ‘Last Week Tonight’. Here’s how the issue affects the Chicago area.
McMorris, a Washington, D.C.-based real estate developer and civil rights activist, has formed a new property redevelopment firm meant to right the wrongs of redlining, in partnership with the National Community Reinvestment Coalition.
NPQ: Undoing Structural Racism: The Need for Systemic Change in Housing Policy
The federal government first became a national guarantor of mortgage lending in the 1930s. When it did, federal policy acted to reinforce preexisting structural racism. The National Community Reinvestment Coalition (NCRC) has described how the Home Owners’ Loan Corporation (HOLC), established during the administration of Franklin Delano Roosevelt, drew maps dividing neighborhoods based on the quality of their housing stock and the risk posed to lending institutions
