NCRC

A 2018 study by the National Community Reinvestment Coalition, an organization focused on building wealth for underserved communities, found that three out of four neighborhoods that were historically redlined continue to struggle economically.

The National Community Reinvestment Coalition found that banks treated Black PPP borrowers significantly worse and offered different products 43% of the time compared to white borrowers with slightly weaker financials.

“This is very literally structural racism where it was built into the structure of American cities, into the housing structure and the neighborhood structure of American cities, and that’s something that persists over a very long time,” says Bruce Mitchell, a senior researcher with the National Community Reinvestment Coalition

National Community Reinvestment Coalition head Jesse Van Tol, whose organization is suing the OCC over its CRA rule, said the Fed “doesn’t appear to introduce new problems” through its approach, in contrast to its fellow regulator.

“Also unlike the OCC rule, which had something for everyone to hate, this proposal has something for everyone to like,” he added. “That’s not to say everyone will love where they’re headed, but for those who don’t love it, I expect it to go down like cough syrup as opposed to like a s— sandwich (the OCC rule).”

“Historical structural racism created economic and health disparities we see today,” Jesse Van Tol, CEO of the National Community Reinvestment Coalition, said in the report’s release. “That’s an old problem, but the pandemic should be a wake-up call.”

Jesse Van Tol, CEO of the National Community Reinvestment Coalition, said higher rates of infection and deaths “in communities of color” were already known, “but this study gives us a deeper understanding of why,” he said.

The new study, from the National Community Reinvestment Coalition (NCRC) with researchers from the University of Wisconsin–Milwaukee Joseph J. Zilber School of Public Health and the University of Richmond’s Digital Scholarship Lab, compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.

According to a new report from the National Community Reinvestment Coalition, those same neighborhoods are also at greater risk for COVID-19.

Residents in several of Columbia’s historically Black neighborhoods face shorter lifespans and greater risk factors for COVID-19, according to a new study from the National Community Reinvestment Coalition, a Washington D.C. based non-profit.

A new report released by the National Community Reinvestment Coalition (NCRC), a nonprofit fighting to end discrimination in lending, housing, and business, shows that people in neighborhoods that were redlined over 80 years ago are at a higher risk of severe illness or death from Covid-19.

The National Community Reinvestment Coalition provides a possible explanation: Researchers found banks treat Black applicants different from white applicants, encouraging white business owners to apply for one or more loans while discouraging Black business owners from applying for any.

Shekinah Mitchell, a VCU alum and former employee, stated in an article for the National Community Reinvestment Coalition that she has lived at four different Richmond addresses in five years due to rent increases and changes in land ownership.