Fireside Chat At The 2025 Just Economy Conference, Creating Economic Opportunity through Corporate Partnership
They discussed how community partnerships through NCRC’s community benefits agreements (CBAs) have redefined their business practices.
Rep. Emmanuel Cleaver’s Speech At The 2025 Just Economy Conference
Speaking at the Just Economy Conference on March 26, 2025, Rep. Emmanuel Cleaver spoke of the importance of housing, saying it is one of the top three domestic issues facing the country.
Recap: Highlights from the 2025 Just Economy Conference
Nearly 1,200 community development leaders, practitioners, policymakers, industry professionals and NCRC members from across the nation gathered at the 2025 Just Economy Conference March 26-27 in Washington, DC. They made new connections and shared knowledge on fair lending practices, climate resilience efforts, housing equity work and many other topics. The conference main stage featured appearances
A First Look at the Intersection of Mortgage Lending and Race in 2024
On March 31, 2025, the Consumer Financial Protection Bureau (CFPB) released the latest data on mortgage lending in the United States covering activity from 2024. This annual dataset is essential for advocates, regulators, policymakers at all levels and lenders who seek to understand lending trends and disparities. Despite political efforts to weaken the CFPB and
Jesse Van Tol’s Keynote Speech At The 2025 Just Economy Conference
NCRC head Jesse Van Tol provided an update on KeyBank and previewed the upcoming fight with Capital One at the 2024 Just Economy Conference.
NCRC Comment on FDIC Proposed Rescission of 2024 Merger Policy Statement
(Download) March 31, 2025 RE: Comment on RIN 3064–ZA45, Proposed Rescission of FDIC 2024 Statement of Policy on Bank Merger Transactions To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on the proposed rescission of the 2024 FDIC Statement of Policy on Bank Merger Transactions. We strenuously oppose
In Voiding The Townstone Financial Settlement, The Trump Administration Revives Redlining
The Trump Administration vacated a cut-and-dried redlining settlement in Chicago. Here are the numbers — and the history — they don’t want you to see.
NCRC Statement On Trump Administration Withdrawal Of 2023 Community Reinvestment Act Final Rule
The Trump Administration had the opportunity to embrace the new Community Reinvestment Act rule as a major win for working class people.
NCRC Statement: Vacating Settlement Of Flagrantly Racist Townstone Financial Conduct Is Disgraceful
Pretending this was anything other than gutter racism is ugly. And using the American people’s government to hand money back to the man who did it is unconscionable.
NCRC And SouthState Bank Announce $8.3 Billion Plan To Support Underserved Communities
The $8.3 billion five-year community plan will bring significant new resources to communities across SouthState Bank’s footprint.
Industry members of the Innovation Council urge regulatory stabilization at the CFPB
(Download) March 19, 2025 Majority Leader John Thune United States Senate SD-511 Washington, D.C. 20510 Minority Leader Charles Schumer 322 Hart Senate Office Building Washington, D.C. 20510 Re: Industry Support for the Rapid Confirmation of a Permanent Director of the CFPB To the Honorable Majority Leader Thune and Honorable Minority Leader Schumer, As members of
NCRC and CDFI Members Urge Congress to Protect the CDFI Fund From Elimination
(Download) March 21, 2025 Senator Mark Warner Senator Mike Crapo Senator Thom Tillis, Chairman, Financial Institutions and Consumer Protection Senator Catherine Cortez Masto, Ranking Member, Financial Institutions and Consumer Protection Rep. Andy Barr, Chairman, Subcommittee on Financial Institutions Rep. Bill Foster, Ranking Member, Subcommittee on Financial Institutions Dear Senator Warner and Senator Crapo; Chairman Tillis
Women Who Lead: The Heart and Strength of NCRC
At NCRC, we take immense pride in the incredible women who make our workplace stronger, smarter and more inspiring every day. Their intelligence, dedication and passion fuel our mission and shape the foundation of who we are. Having them as part of our team is both a privilege and a blessing. In addition to their
Odds of Recession Rise While Tariffs Dampen Consumer Outlook: March 2025 Race, Jobs and the Economy Update
Analysis of Topline Figures in the March BLS Report In February, the economy added 151,000 jobs, while the unemployment rate ticked up to 4.1%. Although the topline figures are relatively solid, especially considering the current tumultuous political climate, the report does contain some concerning red flags. The government sector only added 11,000 jobs, while the
NCRC Comment Letter in Opposition to Stellantis Bank USA Application for Deposit Insurance
March 15, 2025 Paul Worthing Regional Director San Francisco FDIC 25 Jessie Street at Ecker Square, Suite 2300 San Francisco, CA, 94105-2780 CRACommentCollector@FDIC.GOV Re: National Community Reinvestment Coalition Opposition to Federal Deposit Insurance Application for Stellantis Bank USA Director Worthing: We appreciate the opportunity to comment on Stellantis’ application for deposit insurance as part of
NCRC Statement: Mistake To Attack The Bipartisan CDFI Fund
A Trump executive order attacking the CDFI Fund endangers “one of the most bipartisan and highest-leverage tools we have to revitalize American neighborhoods.”
How Effective Public-Private Housing Partnerships Could Provide Relief for Housing Insecure Students and Residents
The unincorporated community of Isla Vista, California, is home to just 15,500 people, but its population density rivals that of Los Angeles. This small strip of coast boasts uninterrupted views of the Pacific — and some of the highest housing prices in the nation. While the main University of California-Santa Barbara (UCSB) campus is to
NCRC and Member Organizations Send Letter to Congress Opposing Cuts to HUD Funding
(Download) Congressman Steve Womack, Chair Congressman James E. Clyburn, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies House Committee on Appropriations Senator Cindy Hyde-Smith, Chair Senator Kirsten Gillibrand, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies Senate Committee on Appropriations VIA EMAIL March 10, 2025 Dear Chairs Womack,
NCRC Announces New Housing Counseling Training Series
The National Community Reinvestment Coalition (NCRC) recently announced a new three-session training series designed specifically for housing counselors to deepen their understanding of fair housing rights, responsibilities and enforcement requirements. The interactive series, Fair Housing Navigator: A Guide for Housing Counselors, will provide practitioners the tools and knowledge needed to help clients navigate housing challenges,
212 Community Development Organizations Call On Congress To Restore CDFI Funding That Boosts Growth
Congress should reassert the power of the purse by restoring Community Development Financial Institution (CDFI) funding and programming recently frozen by the Executive Branch, the National Community Reinvestment Coalition (NCRC) and 211 local community development advocates urged in a letter to legislators on Friday, February 28. “Investing in CDFIs should not be a partisan issue,”
CFPB Dismissing Lawsuit Against Capital One Betrays Consumers
In response to reports that the Consumer Financial Protection Bureau (CFPB) dismissed its lawsuit against Capital One for defrauding consumers out of more than $2 billion in interest payments on savings accounts, NCRC released the following statement: “The dismissal action today from the CFPB sends a signal that big corporations can bamboozle consumers and suffer
The Federal Workforce, The Creation of the Black Middle Class, and its Tenuous Future: A Black History Month Reflection
In 1926, historian and author Dr. Carter G. Woodson and the Association for the Study of African American Life and History (ASALH) established Negro History Week to celebrate the achievements of Black Americans and to foster a sense of collective memory for a people facing constant dehumanization. The ASALH has chosen the theme of “African
NCRC’s Sign-on Letter About Proposed Cuts to the US Department of Housing and Urban Development
(Download) Congressman Steve Womack, Chair Congressman James E. Clyburn, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies House Committee on Appropriations Senator Cindy Hyde-Smith, Chair Senator Kirsten Gillibrand, Ranking Member Subcommittee on Transportation, Housing, and Urban Development and Related Agencies Senate Committee on Appropriations VIA EMAIL February 27, 2025 Dear Chairs Womack,
Trump’s Federal Funding Freeze Devastated Nonprofits. Was It Legal?
President Trump ordered a funding freeze on numerous federal programs that provided financial assistance for “foreign aid, nongovernmental organizations, DEI, woke gender ideology and the Green New Deal”, according to a memo released by the Office of Management and Budget. The order immediately impacted several nonprofit and nongovernmental organizations that receive federal funding to carry
Federal Worker Layoffs And Political Conflict Create An Uncertain Future: February 2025 Race, Jobs And The Economy Update
Recent economic data paint a strong picture, but the impact of mass federal worker layoffs and other Trump administration actions has yet to arrive.