NCRC

Bloomberg: Here’s How Immigration Will Boost The US Economy, From Strong Hiring To More Housing

Bloomberg, April 29, 2024, Here’s How Immigration Will Boost The US Economy, From Strong Hiring To More Housing Growth in employment has continually surprised to the upside in recent years, running at a pace formerly deemed as unsustainable. Economists have coalesced around population growth as a key explanation after a recent Congressional Budget Office report estimated […]

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Shelterforce: Criminalizing Homelessness Supreme Court Case Gives Us A Chance To Change The Narrative

Shelterforce, April 26, 2024, Criminalizing Homelessness Supreme Court Case Gives Us A Chance To Change The Narrative Many housing organizations have been sounding the alarm for decades that homelessness is a housing issue, that housing should be a human right, that housing must come first in our efforts to help those who are unsheltered, and that the

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Shelterforce: Are Insurance Problems On The Horizon For Community Development Groups?

Shelterforce, April 25, 2024, Are Insurance Problems On The Horizon For Community Development Groups? Woodruff was alarmed and puzzled. The Community Opportunity Alliance doesn’t own or manage real estate, and is not a developer. Nor had it given Travelers any reason to question their business relationship. While insurer-initiated nonrenewals are not uncommon, they usually follow a

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The Wall Street Journal: Regulators Seize Troubled Philadelphia Bank, Republic First

The Wall Street Journal, April 26, 2024, Regulators Seize Troubled Philadelphia Bank, Republic First Republic First faced some of the same problems as the three regional banks that failed last year: paper losses on bonds that lost value as interest rates rose, and high proportions of uninsured deposits that can quickly flee.  In the first

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Business Insider: 2 States Where Home Prices Are Falling Because There Are Too Many Houses And Not Enough Buyers

Business Insider, April 26, 2024, 2 States Where Home Prices Are Falling Because There Are Too Many Houses And Not Enough Buyers Cape Coral and North Port, Florida, saw the country’s biggest surge in homes for sale, with volumes up about 50% from a year ago in March. The number of homes also jumped 25%

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Better Data Needed To Dismantle The ‘Model Minority’ Myth About Asian Americans: Race, Jobs and the Economy April 2024 Update

As we celebrate AAPI Heritage Month, it’s important to understand how data flaws in the BLS jobs report fuel the “model minority myth.”

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NCRC Statement: “Huge Step Forward” In New FDIC Merger Review Proposal

The Federal Deposit Insurance Corporation (FDIC) on Thursday proposed changes to its merger review practices. Jesse Van Tol, President and CEO of NCRC, released the following statement: “The FDIC’s proposal is a huge step forward. In particular, it recognizes that the regulators obligation is to assess public benefit in a forward-looking way, not just rely

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