The 2017 Tax Cuts and Jobs Act established a new community development program designating funding to areas called Opportunity Zones. Investors have their eyes on these profitable areas and forming new capital funds. Now, community leaders are asking if a reduction for taxpayers with high capital gains will actually benefit lower-income communities? Learn about the […]
Opportunity Zones: Whose opportunity is it? Read More »
In the aftermath of a devastating event, what does community-focused rebuilding look like? Disaster recovery continues to be an important topic for our members as communities work conscientiously to redevelop after a disaster. Financial institutions have coordinated recovery efforts with community organizations, and the need to develop a model of disaster management and recovery persists.
Disaster recovery triage: Assess, plan, execute Read More »
What does it take to become a Community Development Finance Institution (CDFI)? How do you find funding for them? Is a CDFI a good fit for your community? This session will describe the decisions behind creating and growing a CDFI to best serve your community. MODERATOR: David Adame, President and CEO, Chicanos Por La Causa,
So you want to start a Community Development Finance Institution? Read More »
Women often survive in a near constant state of financial duress, simultaneously juggling the costs of housing, childcare, caregiving, health care and more. This interactive session will include leading voices, participating in a table discussion of subtopics including workplace justice, childcare and universal preschool, affordable housing and aging and retirement. We will wrap up with
Building economic security for women Read More »
The affordable home inventory shortage is a high priority issue for communities, builders, realtors and almost everyone involved in the housing industry, and yet we have not found a way to comprehensively address the problem. There are local, state and federal aspects that need to be addressed. There is a growing need to work between,
Affordable homeownership: Organizing to create inventory and preserve affordability Read More »
The sixth Age-Friendly Banking convening brings together leaders and changemakers in financial institutions, community-based organizations, aging networks, financial regulators, law regulators and public health leaders to reflect on progress and develop new strategies for moving financial institutions to improve the financial well-being of low- and moderate-income older adults. MODERATOR: Nan Gibson, Executive Director of Public
Sixth Age-Friendly Banking convening Read More »
Jose Antonio Vargas is a Pulitzer Prize-winning journalist, Emmy-nominated filmmaker, and a leading voice for the human rights of immigrants. He is the founder of Define American, the nation’s leading non-profit media and culture organization that fights injustice and anti-immigrant hate through the power of storytelling. His memoir, Dear America: Notes of an Undocumented Citizen,
Jose Antonio Vargas addresses the 2019 Just Economy Conference Read More »
March 21, 2019 By NCRC 2019 Policy Agenda for the 116th session of Congress Download the full Policy Agenda (PDF) Executive Summary For over 25 years, NCRC has worked to create a just economy. We believe private capital of various forms must be engaged in building an equitable and fair economy. There is both a
2019 Policy Agenda for the 116th session of Congress Read More »
(Download) March 21, 2019 Alfred M. Pollard General Counsel Federal Housing Finance Agency, Eighth Floor 400 7th Street, SW Washington, D.C. 20219 Attention: Comments/RIN 2590–AA98) Dear Mr. Pollard: We appreciate the opportunity to comment on the Federal Housing Finance Agency’s (FHFA) notice of proposed rulemaking on credit score models. For more than 25 years, the
NCRC’s Comment on FHFA’s Proposal on Credit Score Models Read More »
The job of massive integration seems overwhelming, but the impetus to pursue diverse neighborhoods appears to be underwhelming. The national racial divide is stark. Segregation impedes overall economic prosperity since large segments of the population are poorly educated and cannot obtain high-skilled jobs. Segregation also poisons our politics by preventing communication and thus deepening conflict
Facing down segregation; half-heartedly or with steely determination? Read More »
Chief, Capital Markets Officer edjanis@ncrc.org  202-393-8306 Eleni Delimpaltadaki (Janis) joined NCRC in 2019 as Chief Capital Markets Officer and Managing Director. She has experience developing new business, large-scale programs and investment strategies for corporations, social mission organizations and government. Eleni has leveraged her business know-how and public policy expertise to mobilize stakeholders around innovative solutions that advance
Eleni Delimpaltadaki Janis Read More »
WASHINGTON, DC — Today, the National Association of Realtors (NAR) announced a new GSEs plan to convert Fannie Mae and Freddie Mac into shareholder-owned utilities with a regulated and reliable rate of return. The plan calls for supporting the affirmative obligations as directed in the Housing and Economic Recovery Act (HERA), including the Enterprise housing
NCRC applauds NAR for GSEs plan Read More »
WASHINGTON, DC — Yesterday, the Consumer Financial Protection Bureau (CFPB) announced plans to do away with tougher payday loan restrictions that were developed during the Obama Administration but that weren’t scheduled to take effect until later this year. The new regulations would have limited the number of consecutive loans given, while also requiring lenders to
NCRC condemns CFPB move to gut payday loan restrictions Read More »
WASHINGTON, DC — Today, Senate Banking Committee Chairman Mike Crapo, R-Idaho, released a plan to significantly alter the U.S. housing finance system. The plan would eliminate the affordable housing goals, the government-sponsored enterprises’ (GSEs) Duty to Serve rule and repeal their charter obligation to facilitate the financing of affordable housing for low- and moderate-income families.Â
NCRC condemns Crapo GSE plan to drop affordable housing goals Read More »
Alfred M. Pollard, General Counsel Federal Housing Finance Agency, Eighth Floor 400 7th Street SW Washington, DC 20219 Attention: Federal Home Loan Bank Housing Goals Amendments, RIN 2590–AA82 Dear Mr. Pollard: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on the Federal Housing Finance Agency’s (FHFA) proposal to change the housing goals
