NCRC

Housing Wire: US housing market is missing 3.3 million homes, Freddie Mac says

“Years of underbuilding has created a large deficit, particularly for states with strong economies that have attracted a lot of people from other states,” Freddie Mac said. “Some of the smaller states, which have been attracting a lot of immigrants from other states, also need to build more housing units to accommodate the needs of their growing population.”

Housing Wire: US housing market is missing 3.3 million homes, Freddie Mac says Read More »

MinnPost: Proposed changes would slow progress toward equitable lending in minority communities

The National Community Reinvestment Coalition found that weakening CRA would result in a loss of 10-20% in the volume of loans made in low- and moderate-income census tracts. In Minnesota, that would mean up to a $1.9 billion decrease in lending to small businesses and home purchases over five years.

MinnPost: Proposed changes would slow progress toward equitable lending in minority communities Read More »

Winston-Salem Journal: Truist debuts charitable foundation with emphasis on education, economic mobility

The plan was drafted in cooperation with the National Community Reinvestment Coalition, an association of more than 600 community-based organizations that promotes access to essential banking services, affordable housing, entrepreneurship, job creation and vibrant communities.

Winston-Salem Journal: Truist debuts charitable foundation with emphasis on education, economic mobility Read More »

Cleveland.com: Civil rights and housing advocates warn proposed change to federal law could spell return of redlining

Loans that are eligible for Community Reinvestment Act credit totaled billions of dollars in investment across Ohio from 2009-2018, according to the National Community Reinvestment Coalition.

Cleveland.com: Civil rights and housing advocates warn proposed change to federal law could spell return of redlining Read More »

Yahoo! Finance: Trump’s banking regulator to critics of community lending reform: ‘Bring it on’

“The agencies would lessen the public accountability of banks to their communities by enacting performance measures on CRA exams that would be complex and opaque while at the same time over-simplifying how to measure bank’s responsiveness to local needs,” the NCRC said.

Yahoo! Finance: Trump’s banking regulator to critics of community lending reform: ‘Bring it on’ Read More »

Scroll to Top