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NCRC

NCRC Urges Robust Affordable Housing Goals & FHFA Policies To Support Them

By / / Testimony & Regulatory Comments / 23 minutes of reading

(Download) February 28, 2021 Alfred M. Pollard, General Counsel Federal Housing Finance Agency, Eighth Floor 400 Seventh Street SW Washington, DC Attention: Comments/RIN 2590–AB12 Dear Mr. Pollard: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to publicly comment on the Federal Housing Finance Agency’s (FHFA) advance notice of proposed rulemaking on the Enterprise Housing […]

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NCRC urges support for the Fair Lending for All Act (HR166), recommends strengthening enforcement to prevent lending discrimination

By / / Testimony & Regulatory Comments / 9 minutes of reading

(Download) February 26, 2021 The Honorable Al Green Chair Committee on Financial Services Subcommittee on Oversight and Investigations United States House of Representatives Washington, DC 20515 The Honorable Andy Barr Ranking Member Committee on Financial Services Subcommittee on Oversight and Investigations United States House of Representatives Washington, DC 20515 Dear Chairman Green, Ranking Member Barr

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60% Black Homeownership: A Radical Goal for Black Wealth Development

By / / Research / 17 minutes of reading

DOWNLOAD Overview: A radical increase in Black homeownership is needed to see progress in bridging Black and White homeownership and wealth inequality. One of the defining factors of economic well-being for individuals and families is household net worth or wealth, but not all families are equal. Decades of racial injustice and economic inequality have led

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NCRC, consumer and community groups urge FDIC to deny insurance application for Rakuten ILC

By / / Testimony & Regulatory Comments / 31 minutes of reading

February 19th, 2021 National Community Reinvestment Coalition 740 15th St. NW Washington, DC 20005 Kathy L. Moe Regional Director Federal Deposit Insurance Corporation 25 Jessie Street at Ecker Square Suite 2300 San Francisco, CA 94105-2780 RE: Comment Letter Regarding Deposit Insurance Application from Rakuten Bank America Dear Director Moe: The National Community Reinvestment Coalition (NCRC)

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NCRC comment on Federal Reserve Board’s Advance Notice of Proposed Rulemaking regarding the Community Reinvestment Act – February 2021

By / / Testimony & Regulatory Comments / 12 minutes of reading

DOWNLOAD FULL COMMENT Overview and introduction Docket Number R-1723 and RIN Number 7100-AF94 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the thoughtfulness of the Federal Reserve Board’s (Board) approach to modernizing the regulations implementing the Community Reinvestment Act (CRA). NCRC is an association of community-based organizations whose mission is to

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Over 100 groups call on Federal Reserve to Strengthen CRA

By / / Testimony & Regulatory Comments / 8 minutes of reading

(Download) Docket Number R-1723 and RIN Number 7100-AF94 To Whom it May Concern: The Federal Reserve Board (Fed) must strengthen the rigor of CRA exams to promote recovery from the COVID-19 pandemic. The Fed has described approaches in its Advance Notice of Proposed Rulemaking (ANPR) on CRA that will make CRA exams more objective and

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Civil Rights, Fair Lending And Consumer Rights Organizations Urge A More Race-Conscious CRA

By / / Testimony & Regulatory Comments / 11 minutes of reading

(Download) February 16, 2021 Ann E. Misback, Secretary Board of Governors of the Federal Reserve System 20th Street and Constitution Ave. NW Washington, DC 20551 RE:  Docket Number R-1723 and RIN Number 7100-AF94 Dear Ms. Misback: In its October 2020 Advance Notice of Proposed Rulemaking (ANPR), the Federal Reserve Board (FRB) invited public comment on

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NCRC Joint Membership

By / / NCRC Programs / 4 minutes of reading

joint membership discount National Community Reinvestment Coalition (NCRC) and Community Reinvestment Alliance of South Florida (CRASF) members are eligible for a joint membership discount. Become a member of both organizations and enhance your knowledge and power to create and support sustainable solutions and empower neighborhood and individual well being. Together, we can work toward a

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NCRC comment on OCC scoring methodology

By / / Testimony & Regulatory Comments / 9 minutes of reading

(Download) February 2, 2021 RE: NCRC Comments on Docket ID OCC 2020–0025, Community Reinvestment Act regulations, methodology for determining thresholds on general performance standards To Whom it May Concern: The National Community Reinvestment Coalition, an association of community-based organizations dedicated to increasing lending and investing in underserved communities, opposes the Office of the Comptroller of

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COVID-19: Webinar on Small Business & Housing Relief Updates

By / / NCRC Videos / 1 minute of reading

There have been significant updates to the federal response to COVID-19 which have far reaching implications for your community and your work. To help unpack and take a closer look at all the information, NCRC hosted a deep dive with speakers from the U.S. Small Business Administration (SBA), Federal Housing Administration (FHA), Fannie Mae and

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CRA’s First Aid Kit: Tools and Resources for Hospitals, Health Systems and Medical Professionals to Support CRA Modernization

By / / Testimony & Regulatory Comments / 6 minutes of reading

Access to housing, jobs, transportation, education, healthy food and recreation are the building blocks for a healthy community, outside of clinical care. Working with banks to support those building blocks is supported by a robust CRA.

CRA’s First Aid Kit: Tools and Resources for Hospitals, Health Systems and Medical Professionals to Support CRA Modernization Read More »

Joint letter urging the incoming Biden Administration to include homeowner assistance in the proposed American Rescue Plan

By / / Testimony & Regulatory Comments / 8 minutes of reading

(Download) January 16, 2021 Joe Biden President-Elect Wilmington, DE Dear President-Elect Biden, We appreciate your leadership on COVID relief and Thursday’s announcement of a comprehensive effort to provide an emergency legislative package. The proposal includes many crucial priorities to heal our nation from the COVID-19 pandemic, both medical and economic, including additional rental assistance. We

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