A top policymaker at the Federal Reserve has said the fast-spreading delta COVID-19 variant poses a risk to the rebound in global growth, and said the central bank should be patient in supporting the US recovery.
News organizations are belatedly apologizing for racist journalism that alienated generations of African-Americans
The New York Times: How the White Press Wrote Off Black America Read More »
33 percent rent increases and bidding wars on rentals are the new norm in some parts of America as reopening comes with big price hikes
The Washington Post: Rent prices are soaring as Americans flock back to cities Read More »
The bank is shutting down all existing personal lines of credit in coming weeks and has stopped offering the product, according to customer letters reviewed by CNBC.
CNBC: Wells Fargo tells customers it’s shuttering all personal lines of credit Read More »
The city of Baltimore awarded more than 30 organizations with nearly $6 million in grant money to help in their efforts to revitalize overlooked neighborhoods throughout the city.
Schools, particularly at the kindergarten-to-12th-grade level, are responsible for helping turn students into well-informed and discerning citizens. At their best, our nation’s schools equip young minds to grapple with complexity and navigate our differences. At their worst, they resemble indoctrination factories.
In November 2020, a study was released by the National Community Reinvestment Coalition regarding Paycheck Protection Program loans that used matched-pair testing. NCRC performed past matched-pair “mystery shopper” tests in 2017, 2019, and earlier in 2020.
ABA: Mystery Shopping: Taking the Mystery out of Fair Lending Read More »
A study from the National Community Reinvestment Coalition released in June 2020 showed Indianapolis ranked No. 12 on the list of most intensely gentrifying cities in the U.S. from 2013 to 2017.
This has led to higher fees for consumers, reduced access to banking services for communities of color and low-income working families, and increased concerns about risk to the financial system, according to studies by the National Community Reinvestment Coalition.
Reuters: White House to target bank mergers, financial data with competition order Read More »
In 2019, a National Community Reinvestment Coalition (NCRC) study found that seven cities accounted for almost half of the gentrification in the United States from 2000 to 2013, and Baltimore was included in this bracket. The city had the fifth largest number of gentrified areas.
Afro: Baltimore equitable development company seeks to combat gentrification Read More »
“They knew this moment was coming,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition, a housing advocacy group. “Why don’t we already have a nominee?”
Politico: Biden’s new dilemma: How to slash housing costs for low-income borrowers Read More »
One organization that was awarded was the National Community Reinvestment Coalition
The shortage of affordable homes for sale is boosting housing prices and forcing potential buyers to compete for a shrinking supply of properties. Without policy changes, this housing shortage will restrain homeownership, further drive up prices, and limit opportunities for equitable economic growth.
The Hill: To reduce the racial homeownership gap, increase the housing supply Read More »
The mayors of Akron, Dayton and Lancaster as well as others from the Ohio Mayors Alliance are pushing congress to pass a federal infrastructure plan revealed last week.
WKSU: Ohio Mayors Call for Congress to Pass Federal Bipartisan Infrastructure Plan Read More »
Redlining, or housing discrimination by denying services to minority neighborhoods, has been illegal for over half a century. But it just keeps happening.
