PCRG: 11th Annual Community Development Summit
National Community Reinvestment Coalition’s Dedrick Asante-Muhammed spoke on behalf of the Community Development Summit.
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Sojourner Truth: Dedrick Asante-Muhammad On The Racial Wealth Divide
At least 73 percent of the poor in the U.S. are women and children. President Biden, in his recent trip to Tulsa, Oklahoma, to mark the 100-year anniversary of the massacre of Black people by white terrorists, announced some measures he hopes will lessen the gap. But the measures have been criticized as insufficient. Our guest is Dedrick Asante-Muhammad with the National Community Reinvestment Coalition.
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Forbes Advisor: 3 Ways To Close The Racial Wealth Gap After The Pandemic
According to the National Community Reinvestment Coalition in 2018, only 42% of Black people owned homes compared to 73% of whites during the same period.
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Killeen Daily Herald: Viewpoint 2: Celebrating Juneteenth amid racial inequality
Written by Sabrina Terry who is the chief of programs and strategic development at the National Community Reinvestment Coalition. Dedrick Asante-Muhammad is the chief of membership, policy and equity at NCRC and an associate fellow of the Institute for Policy Studies. They wrote this for InsideSources.com.
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Wisconsin State Journal: Sabrina Terry and Dedrick Asante-Muhammad: Celebrating Juneteenth amid racial inequality
On Juneteenth, June 19, we celebrate Union Army General Gordon Granger’s order to free the people still enslaved in Texas. The holiday marks the effective end of slavery in the United States.
Housing Wire: IMBs have a duty to serve lower-income communities
IMBs and other nonbanks have followed banks into these once redlined and overlooked markets, benefiting in many instances from a CRA-driven financial infrastructure.
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Washington Babylon: Eleven Minutes With Dedrick Asante-Muhammad on the Racial Wealth Divide
Dedrick Asante-Muhammad’s research and writing focuses on racial and economic inequality.
National Mortgage News: Judging the past year’s success of racial equality housing initiatives
National Community Reinvestment Coalition’s Asante-Muhammad argues that education programs have been around for decades and haven’t moved the needle. Mortgage products designed specifically for the median-income Black household would do more to grow the number of Black homeowners, he said.
The New York Times: Small Businesses Have Surged in Black Communities. Was it the Stimulus?
Over the last year, multiple stimulus Measures from the federal government have helped families buy groceries, pay rent and build a financial cushion.
The Washington Post: Opinion: It was much more than Tulsa
No one should be under the impression that the burning of “Black Wall Street” in Tulsa a century ago was a one-off atrocity.
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NPR: With Roots In Civil Rights, Community Health Centers Push For Equity In The Pandemic
The center became a national model and is now one of nearly 1,400 such clinics across the country. These federally-funded health clinics (often called FQHCs) are a key resource in the states of Mississippi, Louisiana and Alabama, where about 2 in 5 Americans live in rural areas (throughout the U.S., about 1 in 5 Americans live in rural areas.)
The New York Times: Tom Hanks: You Should Learn the Truth About the Tulsa Race Massacre
But Tulsa was never more than a city on the prairie. The Oklahoma Land Rush got some paragraphs in one of those school years, but the 1921 burning out of the Black population that lived there was never mentioned.
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Vox: The ugly truth behind your fancy rewards credit card
The US financial system is racked with inequities. Sometimes, they’re obvious: who can and can’t get approved for a loan, who has a bank account and who doesn’t. But other times, they can fly under the radar.
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UBJ: Banking on the Community: Upstate banks invest in community-focused initiatives, leaders
Banks serve a vital role in the U.S. economy and financial system but many Upstate banks are realizing their roles must extend beyond that of a trusted lender and business partner — they must also be good corporate citizens.
FDIC: FDIC Issues List of Banks Examined for CRA Compliance
The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in March 2021.
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