NCRC applauds House’s passage of Consumer First Act

Today, the U.S. House of Representatives passed the Consumer First Act, a bill introduced last fall by Rep. Maxine Waters (D-California) to protect the Consumer Financial Protection Bureau (CFPB) from efforts by the Trump administration to dismantle it. Jesse Van Tol, CEO of the National Community Reinvestment Coalition (www.ncrc.org), made the following statement: “We applaud […]

Read More

A black neighborhood’s complicated relationship with the home of the Preakness

The Undefeated, May 16, 2019: A black neighborhood’s complicated relationship with the home of the Preakness Park Heights is one of several Baltimore neighborhoods where gun violence is endemic. But residents here also have concerns about whether the city will continue with its revitalization plan demolishing unsightly and deteriorating buildings – or even the racetrack. […]

Read More

Small business lending data is the iceberg in our economic ocean

In September 2018, the Federal Deposit Insurance Corporation (FDIC) released the results of a survey of 1,200 banks on small business lending in America. It found that small business lending is threatened by the decline of smaller banks and the reduction of bank branches in many communities. But just as revealing was what the survey didn’t find. More information that would be essential for policy and regulatory decisions remains concealed, invisible to the public.

Read More

As gentrification swallows Chocolate City, report finds D.C. cops targeted black residents

Think Progress, May 14, 2019: As gentrification swallows Chocolate City, report finds D.C. cops targeted black residents Black people in Washington, D.C., were arrested 10 times as often as their white peers during a recent five-year period that has also seen the capital city top lists of the most rapidly gentrifying cities in the nation. […]

Read More

American neighborhood change in the 21st Century

Downtown areas in many economically vibrant and changing cities across the United States are being rapidly gentrified, according to a new study by the University of Minnesota School of Law. The study, “American Neighborhood Change in the 21st Century: Gentrification and Decline,” also found that neighborhoods in the inner-ring suburbs of these same cities, built […]

Read More

KeyBank invests $197 million locally under community benefits plan

The Buffalo News, May 10, 2019: KeyBank invests $197 million locally under community benefits plan KeyBank’s new East Side branch is getting ready to open next month, and its neighbors are noticing. “They are emailing us pictures of the branch progress,” said Kawanza A. Humphrey, Key’s regional corporate responsibility officer. “Our awning went up (this week) and […]

Read More