DCWBC Entrepreneur Profile
This is part of a series of profiles showcasing the talented entrepreneurs of NCRC’s DC Women’s Business Center. Nicole’s Kitchen is a women-owned business started by Nicole Flint that sells fresh baked treats to the DMV area.
NCRC Selected To Manage $175 Million Boost For Illinois Small Businesses Impacted By COVID
NCRC will administer Illinois’ new Back to Business grant program for restaurant, hospitality and creative arts businesses around the state.
NCRC Statement On Release Of HUD’s Disparate Impact Rule
A critical set of affordable housing policy tools is getting restored. Here’s what NCRC President & CEO Jesse Van Tol had to say about the news:
Race, Jobs & The Economy
The latest monthly jobs report from the Bureau of Labor Statistics (BLS) provides important insights into the current state of the US labor market. In February 2023, there was an increase of 311,000 new jobs.
The simplest lessons from SVB: Weakened rules, too much risk
How To Protect Depositors from Bank Failures? Prevent Banks from Taking Big Risks While it would be appealing to have a clear, singular villain to blame, it took many actors and decisions to set up the conditions that led to three bank failures in the last few weeks. Banks, regulators, depositors and politicians all played a role.
Leading the Way: Celebrating the Women of NCRC
It’s all too easy to overlook the humanity of our colleagues when we are focused on our work. In honor of Women’s History Month, I’d like to highlight a few of the extraordinary women I have the privilege of working alongside at NCRC.
NCRC Statement In Opposition To The TABS Act
“The TABS Act is a free pass to Wall Street and a threat to household finances for the rest of us.”
Next Generation of Community Development Leaders: Join NCRC for the Emerging Leaders Reception at the 2023 Just Economy Conference
NCRC’s Emerging Leaders Reception is a networking event for young professionals from across the country pursuing a career in the community development field.
Video: CRA Basics
Online Event Archive Recorded February 23, 2023 Banks have the capital to be a catalyst for change in your neighborhood and can be critical community partners. This presentation will cover how NCRC uses the Community Reinvestment Act (CRA) to secure community benefits agreements with banks and explore how CRA can be used to increase reinvestment
NCRC Community Development Fund Highlights Power of Impact Investing at SXSW
SXSW attendees can meet NCRC CDF during the “Impact Investing that Actually Works” session, at their booth (#649), or during a mentorship session.
Incorporating Race into the Illinois Community Reinvestment Act
February 28, 2023 Mr. Craig Cellini Rules Coordinator Illinois Department of Financial and Professional Regulation 329 West Washington, 3rd Floor Springfield, IL 62789 Via Email: Craig.Cellini@Illinois.gov RE: NCRC’s Written Testimony for the Bank Community Reinvestment Hearing on March 2, 2023 Code Citation: 38 Ill. Adm. Code 345 Dear Mr. Cellini: The National Community Reinvestment Coalition (NCRC), an association
NCRC, University Of Michigan Receive National Institute Of Health Grant To Study Redlining and Health
The National Institute of Health (NIH) has awarded a five-year, $3 million research grant to researchers at the National Community Reinvestment Coalition (NCRC), the University of Michigan’s Institute for Social Research (ISR) and the University of Richmond to create and harmonize important data exploring the association of structural racism with health in the United States.
2023 Advocacy Week Policy Agenda for the 118th Session of Congress
2023 Advocacy Week Agenda 118th Session of Congress Photo by: ©tonktiti – stock.adobe.com Investing in a Just Economy Our 2023 Advocacy Week Agenda serves to prepare attendees of NCRC Advocacy Week to meet with their members of Congress during our Just Economy Conference. It is a call to action on four core issues, discussed in
NCRC Statement On Supreme Court’s Decision To Take Up Key CFPB Case
The CFPB’s authority should be upheld because that is “indisputably the right interpretation of the law.”
Black Cincinnati Property-Owner And National Community Reinvestment Coalition File HUD Appraisal Bias Complaint Alleging Race Discrimination By Appraiser, Lender
The complaint alleges that a Black landlord providing affordable housing in Cincinnati lost a key opportunity to refinance due to appraisal bias.
The Racial History Of Planning In Atlanta Sounds Alarm Bells For CRA Reform Efforts
From the Beltline to MARTA expansion to the 1996 Olympics, Atlanta’s community development planning history provides stark warnings for regulators.
Support the CFPB and Stop Credit Card Junk Fees
NCRC has joined with Americans for Financial Reform, the National Consumer Law Center, More Perfect Union, and numerous other organizations in a campaign in support of the Consumer Financial Protection Bureau’s new proposed rule that holds banks accountable to keep credit card late fees at $8 or less. Send a comment to support the CFPB
White House Rightly Reduces Unnecessary And Onerous Mortgage Insurance Costs For Lower-Wealth Homebuyers
The Biden-Harris administration’s policy change on mortgage insurance premiums (MIPs) for FHA loans reflects recommendations from NCRC.
Native Americans Struggle To Obtain Credit: A Close Analysis of Native American Mortgage Lending From 2018-2021
This data analysis of home lending patterns among Native American borrowers details just one element of the broader legacy of a genocide.
NCRC Announces Recipients For $5M Field Empowerment Fund Grant Program
The National Community Reinvestment Coalition (NCRC) has awarded Field Empowerment Fund grants to 24 community organizations.
Court’s Decision in Townstone Financial Gives A Green Light to Discriminatory Lending
A poorly reasoned court decision threatens to upend key elements of federal fair lending law, inviting lenders to discriminate against would-be borrowers.
NCRC Announces Recipients Of Grants To Scale Up Small Business Service Providers
The awardees will receive a combined $150,000 in grants to support small business development.
NCRC Announces $50 Billion Community Benefits Agreement With TD Bank
TD Bank will commit $50 billion in investments, lending, philanthropy and other services for diverse and underserved communities as it acquires First Horizon.
NCRC Submits Comments to the Appraisal Subcommittee About Tackling Discriminatory Home Appraisals in Response to its January 24th Hearing
(Download) February 8, 2023 Jim Park Executive Director Appraisal Subcommittee 1325 G Street Suite 500, NW Washington, DC 20005 appraisalbiashearing@asc.gov Dear Executive Director Park: The National Community Reinvestment Coalition appreciates the opportunity to submit written comments to the Federal Financial Institutions Examination Council’s Appraisal Subcommittee. We thank the Appraisal Subcommittee of the Federal Financial Institutions Examination
What Columbia, Maryland, Can Teach The Nation About Community, Economic Inequality And The Persistence Of Segregation
Economic justice advocates face off against huge and pervasive forces every day in working to build a better world. The enormity of that history can feel overwhelming, especially when assessing national-level data about the problems that National Community Reinvestment Coalition (NCRC) members work every day to cure. It can help to drill down to a
