Investing in Culturally- Significant Businesses and Community Growth
Arts and culture are an important component of overall quality of life for every person on earth. Access to cultural resources and connections – or the lack thereof – shapes many aspects of our nation’s society. It also influences economic outcomes, as economists who study the role of “human capital” in wealth-building and opportunity creation have identified.
Video: Democratizing Wealth Building to Help Close the Racial and Gender Gap
Online Event Archive Recorded November 15, 2022 Persistent racial and gender wealth gaps remain a major obstacle to building financial security for low- and moderate-income (LMI) households in the United
NCRC Announces $40 Billion Community Benefits Plan With BMO Harris Bank
Customers and communities win $40 billion in tangible commitments from pending bank merger.
How NCRC Is Working To Bring Economic Justice To Indian Country
Federal policies aimed at promoting economic justice have long failed Native Americans. We are proud to partner with community leaders to change that.
NCRC Response to Advance Notice of Proposed Rulemaking on Trade Regulation on Surveillance and Data Security, “Commercial Surveillance, R111004.”
(Download) Office of the Secretary Federal Trade Commission 600 Pennsylvania Avenue, NW Suite CC-5610 (Annex B) Washington, DC 20580 Re: Response to Advance Notice of Proposed Rulemaking on Trade Regulation on
NCRC Supports Nomination Of Martin Gruenberg To Head FDIC
Martin Gruenberg has the necessary judgment and experience to lead the FDIC and he deserves to be confirmed swiftly by the Senate.
Video: Generational Wealth: Credit Barriers for People with a Criminal History
Online Event Archive Recorded November 10, 2022 Nearly 1 in 3 Americans have a criminal record. Each year over 600,000 Americans are released from state or federal prisons and re-enter
Hydroponic Farming As A Solution To Systemic Food Insecurity
As many communities around the country struggle with food insecurity, hydroponic farming has been introduced as a viable solution.
How And Why CRA Reform Proposals Must Improve Access To Credit And Capital For Small Businesses
How And Why CRA Reform Proposals Must Improve Access To Credit And Capital For Small Businesses November 2022 Download Report Josh Silver, Senior Fellow In late spring of 2022, the
Funding For Racial Equity: How Stronger Partnerships Can Increase the Impact of Local, Grassroot Organizations
Part One of a three-part series examining how banks are performing two years on from pledging tens of billions of dollars to advance racial equity.
Video: NCRC MicroBiz Capital Accelerator Program (MCAP) Webinar
Online Event Archive Recorded November 3, 2022 NCRC has launched a new grant and technical assistance opportunity, the MicroBiz Capital Accelerator Program (MCAP), exclusively for nonprofit, small business capital providers.
The Fifth Circuit’s CFPB Ruling Is Bad Logic And Worse Law. Here’s Why.
The Fifth Circuit’s misguided decision is a get-out-of-jail-free card for financial swindlers — and a threat to the entire economy.
NCRC Announces Expanded Community Benefits Agreement With First Merchants Bank
The amended agreement will help provide stronger positive impact across the communities First Merchants serves.
NCRC Hires Larry Cain as Director of Finance
Meet Larry Cain, the new Director of Finance at NCRC. Larry will be an important member of the finance team as he oversees management and internal operations of the department.
NCRC Hires Daniella Djiogan as Project Director of the DC Women’s Business Center
Meet Daniella Djiogan, the new Project Director of The DC Women’s Business Center. Daniella will be essential in the everyday operations of the organization as they continue to support women entrepreneurs in the Washington, DC area.
NCRC Files HUD Complaints Against Appraisers Who Discriminated Against Black Homeowners In Recent Investigation
The cases arise from an investigation NCRC conducted in Baltimore with interracial couples acting as “mystery shoppers” probing appraisers for bias.
NCRC Calls for Reforms to Federal Home Loan Bank System
(Download) October 31, 2022 The Honorable Sandra Thompson Director Federal Housing Finance Agency 400 7th Street, SW Washington, DC 20024 Dear Director Thompson, The National Community Reinvestment Coalition (NCRC) appreciates
Video: NCRC Appraisal Bias Investigation
Online Event Archive Recorded October 26, 2022 NCRC released a new report documenting a groundbreaking study using mystery shoppers in Baltimore, MD, which showed that real estate appraisers are providing
NCRC Statement On FHFA Credit Score Model Changes
Millions of families who have been invisible to the mortgage industry will gain access to the generational wealth-building opportunity of homeownership.
Pioneering Mystery Shopper Tests On Appraisal Bias Find Detailed Evidence Of Racial Discrimination
Real estate appraisers discriminated against Black homeowners in a pioneering new “mystery-shopper” investigation, the first of its kind to be published.
Faulty Foundations: Mystery-Shopper Testing In Home Appraisals Exposes Racial Bias Undermining Black Wealth
We asked black-white interracial couples to test home appraisers for bias. Here’s what they experienced.
NCRC Statement On 5th Circuit Attack On CFPB Funding
‘The latest episode in a decade-long political crusade to kneecap the agency so that bad actors can go back to preying upon working-class families.’
NCRC Launches Capital Accelerator Program for Business Resource Providers
The MCAP program will provide grants ranging from $20,000 to $50,000 for three to six organizations to support and scale microbusinesses owned by people of color.
NCRC Statement On Edward Jones Withdrawing Its ILC Charter Application
“If even the titans of finance can be successfully discouraged from seeking ILC charters, that’s a win for the American consumer.”
NCRC Member Profile: Affordable Homeownership Foundation, Inc.
NCRC’s membership includes more than 600 community-focused organizations in 44 states. Here’s an introduction to one of them, Affordable Homeownership Foundation, from their Executive Director, Jason Schulz.
