Monti Taylor
Resource Coordinator, DCWBC 202-464-2304 mtaylor@dcwbc.org Monti Taylor is passionate about community development work, from volunteering with environmental organizations to navigating resources for programming within a community center. She has worked on small grant projects and enjoys using research to uncover hidden patterns in society, with the goal of advocating for social change. She is currently working on
NCRC applauds preliminary injunction to postpone effective date of HUD’s disparate impact Rule
Today, the United States District Court of Massachusetts found in favor of the Massachusetts Fair Housing Center and Housing Works, Inc. and issued a preliminary injunction to postpone the start date of the U.S. Department of Housing and Urban Development’s (HUD) new disparate impact rule, which had been finalized by the agency in September.
Overcoming barriers to a Just Economy: Nikole Hannah-Jones on Reparations and White discomfort
“Reparations doesn’t say White people haven’t worked hard and White people haven’t struggled, [but] you grew up in a country that has been working for your success, not against it,” said Nikole Hannah-Jones.
Economic Reparations: the Path “From Here to Equality”
In about 400 pages, “From Here To Equality” reviews the political history of the Black reparations movement, the effects of slavery on the nation’s development and the ongoing failure of the country to take action to bridge racial economic inequality. It also outlines a program for Black reparations.
With COVID-19 taking a new toll, a poor Black community in Alabama awaits justice for a 2008 industrial disaster
A dozen years after a gas and chemical leak ravaged their community, the residents of Eight Mile, Alabama, are still waiting for the federal government to take action against the companies responsible for it.
NCRC disappointed by Senate vote against CRA resolution
Today, the Senate failed to pass H.R. Res 90, which would have overturned new rules on the Community Reinvestment Act (CRA) finalized by the Office of the Comptroller of the Currency (OCC) in May. On a party line vote, Senate Democrats voted in support of the resolution that would nullify the OCC’s weakening of CRA rules, while Senate Republicans voted to keep them in place.
NCRC Comment Letter on the FHFA’s 2021 Affordable Housing Goals Proposed Rule
(Download) October 13, 2020 Alfred M. Pollard, General Counsel, Attention: Comments/ RIN 2590–AB04 Federal Housing Finance Agency, Eighth Floor 400 Seventh Street, S.W. Washington, D.C. 20219 Dear Mr. Pollard: The National Community Reinvestment Coalition (NCRC) thanks you for the opportunity to publicly comment on the Federal Housing Finance Agency’s (FHFA) proposal to extend the 2018-2020
New Report Gives Banks a Clear Pathway to Diversity Benchmarks
New benchmarks for racial and ethnic representation from NCRC and Beneficial State Foundation set goals and metrics for banks to evaluate their performance
NCRC Initial Analysis of Federal Reserve’s ANPR on the Community Reinvestment Act: A Step Forward but Needs to be More Rigorous
The Federal Reserve Board has issued an Advance Notice of Proposed Rulemaking (ANPR) on the Community Reinvestment Act (CRA). The ANPR proposes to build upon the existing CRA exam structure of separate tests for retail and community development activity.
Jamie Buell
Racial Economic Equality Coordinator 202.792.1281 jbuell@ncrc.org Jamie Buell has been working with NCRC’s Race, Wealth and Community team since January 2020. Growing up in Los Angeles, Jamie has been familiar with America’s economic inequality and how race worsened the wealth gap from a young age. Her multiracial upbringing melded together the differing realities of wealth and financial health
NCRC comments on DOJ merger review guidelines
(Download) October 16, 2020 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on the Department of Justice’s (DOJ’s) merger review analysis. NCRC is an association of community-based organizations whose mission is to increase access to credit and capital in traditionally underserved communities. Our members are actively involved
Health equity was a challenge before coronavirus
Health and wealth equity didn’t exist in the U.S. before COVID-19, and the pandemic only exacerbated racial, ethnic, gender and geographic disparities. To address these issues and provide a platform for collaborative work toward solutions, NCRC members and partners in North Carolina held a 3-day special online event Oct. 13-15, 2020: Invest in Health and Wealth: Stabilizing Underserved Communities While Fighting a Pandemic.
Systemic Problems Call For Systemic Solutions: California Needs the Right Policy Tools To Address Historic Racism
Kelsey Lyles, Health Equity Policy Lead, The Greenlining Institute Kelsey Lyles Program Manager, Health Equity, The Greenlining Institute As Health Equity Program Manager, Kelsey Lyles leads the Health Equity team’s workforce equity and inclusion advocacy efforts. Growing up in Chicago, she felt a strong commitment to social justice at a young age. Kelsey has extensive
NCRC Short Summary of Federal Reserve Board Advanced Notice of Proposed Rulemaking on the Community Reinvestment Act
On September 21, the Federal Reserve Board approved an Advance Notice of Proposed Rulemaking (ANPR) on the Community Reinvestment Act (CRA). As an ANPR, this document is not a proposed change to the Federal Reserve’s CRA regulations. However, it offers details about a rule change the Federal Reserve (Fed) is contemplating
NCRC Staff Member Elected to Board of the Faster Payments Council
National Community Reinvestment Coalition (NCRC) Senior Policy Advisor Adam Rust has been elected to serve on the US Faster Payments Council’s Board of Directors. Rust will serve a term through 2022.
Baltimore: The Black Butterfly
Marceline White, Executive Director, Maryland Consumer Rights Coalition Marceline White Executive Director, Maryland Consumer Rights Coalition Marceline serves as the Executive Director of the Maryland Consumer Rights Coalition where she leads the coalition of 8,500 supporters in promoting economic justice and financial inclusion throughout Maryland. Marceline currently co-chairs the Consumer Protection Committee of Attorney General
In memoriam: Lottie Lee Davis
On Friday, September 18, 2020, NCRC and the city of Wilmington, Delaware, lost a champion for social justice and equality through the untimely death of Pastor Lottie Lee Davis of Be Ready Jesus is Coming Church.
Trump Tweet Halts Passage of HEROES Act
Today, President Trump tweeted that he has rejected the House Democrats “request,” referring to the latest edition of the HEROES Act, an economic stimulus package to protect and help people recover from the COVID-19 pandemic. He also said no further negotiations will take place until after the election.
House passage of scaled-back HEROES Act sends clear message to Senate: act now to protect public health and the economy
Today, the House passed a scaled-back version of the HEROES Act (H.R. 6800), trimming about $1.2 trillion in aid from a plan passed by the full chamber in May. The Senate has yet to take up the HEROES Act, and failed to pass a $500 million “skinny” aid package earlier this month.
COVID-19 Disparities in Rochester, NY: The Legacy of Redlining in the City of Frederick Douglass and Susan B. Anthony
T Barbara Van Kerkhove, Ph.D. Researcher/Policy Analyst, Empire Justice Center Barbara Van Kerkhove is a researcher/policy analyst in Empire Justice Center’s Rochester, New York, office where she does research and advocacy on a variety of consumer finance and economic justice issues. She is the principal author of “Too Big to Fail…Too Poor to
NCRC Initial Analysis of the CFPB SBREFA Panel Outline: A Step in the Right Direction but Improvements Sought
The CFPB’s initial proposals for the small business lending data take some steps in the right direction such as including a broad range of institutions from banks to non-bank financial technology companies that would be required to report data. However, some proposals would keep lending activity in the dark such as the proposal to not report Merchant Cash Advances, a form of credit that is higher cost and has been subject to abuses.
Community Reinvestment Groups Press Lawsuit Against Trump Admin for Dismantling Anti-Redlining Rules
Late Monday, the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC), represented by Democracy Forward and Farella Braun + Martel, responded to the Office of the Comptroller of the Currency’s (OCC) attempt to dismiss their suit challenging its dismantling of anti-redlining rules put in place to enforce the Community Reinvestment Act (CRA).
A Literature Review of Poverty, Race and Gender Among Older Adults
An individual’s well-being and long-term financial sustainability is derived from the ability to build and acquire assets, such as savings, homes, cars or businesses. Around 55% of Americans live in asset-poverty which means they lack sufficient wealth to sustain a livelihood above the poverty level for at least 3 months.
NCRC Comment Letter on HUD’s Proposed Rulemaking on the Equal Access Rule
September 22, 2020 Regulations Division, Office of General Counsel, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410-0500. Re: HUD Docket No. FR-6152-P-01 Making Admission or Placement Determinations Based on Sex in Facilities Under Community Planning and Development Housing Programs Dear Secretary Carson: The National Community Reinvestment Coalition is vehemently opposed
Civil rights and consumer advocacy groups support Federal Reserve steps to update CRA rules
On Monday, the Federal Reserve Board of Governors approved a process to revise the rules banks must follow to comply with the Community Reinvestment Act (CRA), and an Advanced Notice of Proposed Rulemaking (ANPR) to begin that process.
