Juan Leyton
Director of Organizing 202.869.4404 jleyton@ncrc.org Juan Leyton is NCRC’s Director of Organizing. Prior to joining NCRC, Juan was most recently at Madison Park Development Corporation. He is the former director of the Dudley Street Neighborhood Initiative, Neighbor to Neighbor Massachusetts and City Life/Vida Urbana. He was a Barr Foundation and MIT Community Innovators Lab fellow. He holds Masters Degrees in Community Economic
NCRC applauds passage of the American Rescue Plan
Today, the U.S. House of Representatives passed the American Rescue Plan – the new $1.9 trillion stimulus package passed earlier this week in the Senate, and championed by President Biden, who is expected to sign the bill Friday.
NCRC Applauds Confirmation of Marcia L. Fudge to Head of HUD
Today, the U.S. Senate confirmed Marcia L. Fudge as Secretary of the U.S. Department of Housing and Urban Development (HUD).
NCRC applauds CFPB for landmark action to prevent lending discrimination based on gender identity and sexual orientation
Today, the Consumer Financial Protection Bureau (CFPB) announced that the principles from the landmark U.S. Supreme Court case Bostock v. Clayton County that provide protection against discrimination based on sexual orientation or gender identity also apply to the Equal Credit Opportunity Act (ECOA).
Mark Eden
Controller 202-464-2721 meden@ncrc.org Mark Eden is NCRC’s Controller. His career spans both the for-profit and nonprofit sectors for over twenty years, with exposure to organizations operating in U.S., UK and European business environments Initial experience in the software sector with Applied CAE, BIX and Optimad Media Systems lead to the opportunity to specialize in education,
NCRC Urges Robust Affordable Housing Goals & FHFA Policies To Support Them
(Download) February 28, 2021 Alfred M. Pollard, General Counsel Federal Housing Finance Agency, Eighth Floor 400 Seventh Street SW Washington, DC Attention: Comments/RIN 2590–AB12 Dear Mr. Pollard: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to publicly comment on the Federal Housing Finance Agency’s (FHFA) advance notice of proposed rulemaking on the Enterprise Housing
LaToria Brent
Small Business Specialist 202-524-4876 lbrent@dcwbc.org LaToria Brent is the Small Business Specialist for the DC Women’s Business Center. With over 20 years of experience in sales, marketing, human resource (recruitment and selection), LaToria’s mission has always been to strategize, implement, and execute different methods to positively impact her community. A serial entrepreneur, Latoria has owned
NCRC receives $1 million from W.K. Kellogg Foundation to support data transparency, research and private sector training to expand racial equity in small business lending
The National Community Reinvestment Coalition (NCRC) has been awarded $1 million from the W.K. Kellogg Foundation to support racial equity research and training for lenders to expand access to credit and capital for small businesses owned by people of color.Â
NCRC urges support for the Fair Lending for All Act (HR166), recommends strengthening enforcement to prevent lending discrimination
(Download) February 26, 2021 The Honorable Al Green Chair Committee on Financial Services Subcommittee on Oversight and Investigations United States House of Representatives Washington, DC 20515 The Honorable Andy Barr Ranking Member Committee on Financial Services Subcommittee on Oversight and Investigations United States House of Representatives Washington, DC 20515 Dear Chairman Green, Ranking Member Barr
The Scale of the Nation’s Affordable Housing Challenge Requires Enterprises Ready to Meet It
Even with a conservatorship that has constrained many of the key functions of these institutions, Fannie Mae and Freddie Mac remain vital participants in the nation’s affordable housing ecosystem. Going forward, it is critical that they not be hamstrung by excessive capital requirements that will make mortgage credit more unaffordable for low- and moderate-income and minority borrowers and communities, and undermine the ability of the government-sponsored enterprises (GSEs) to help meet the scale of the affordable housing challenges facing the nation.
NCRC Mourns the Loss of Vernon Jordan
Jordan was a pillar in the movement for civil rights. His commitment to justice will be displayed in the progress of the many he impacted. He was a true soul of our human kindness and consciousness.
Report: To get to 60% Black Homeownership, major changes needed in housing finance and community development systems
To reach a 60% Black homeownership rate in the next 20 years, the number of new Black homeowners each year will need to more than triple, a new report shows.
60% Black Homeownership: A Radical Goal for Black Wealth Development
DOWNLOAD Overview: A radical increase in Black homeownership is needed to see progress in bridging Black and White homeownership and wealth inequality. One of the defining factors of economic well-being for individuals and families is household net worth or wealth, but not all families are equal. Decades of racial injustice and economic inequality have led
Banking Relationships: How and Why?
A bank can be a lifeline when times get tough for your business, but it may be difficult to get a loan if the bank doesn’t know you or trust you. Building that trust can be the difference between rejection or a line of credit. Having a banking relationship is just good for business.
Jennifer Powers Promoted to National Vice President of Acquisitions at GROWTH by NCRC
The NCRC Housing Rehab Fund, LLC (NCRC HRF), marketed as GROWTH by NCRC, has appointed Jennifer Powers as National Vice President of Acquisitions.Â
First Citizens Bank Announces $16 Billion Community Benefits Plan with NCRC
First Citizens Bank announced today a $16 billion community benefits plan — developed in collaboration with the National Community Reinvestment Coalition (NCRC) — that builds on its work to reinvest in low- and moderate-income (LMI) communities and neighborhoods of color.
NCRC, consumer and community groups urge FDIC to deny insurance application for Rakuten ILC
February 19th, 2021 National Community Reinvestment Coalition 740 15th St. NW Washington, DC 20005 Kathy L. Moe Regional Director Federal Deposit Insurance Corporation 25 Jessie Street at Ecker Square Suite 2300 San Francisco, CA 94105-2780 RE: Comment Letter Regarding Deposit Insurance Application from Rakuten Bank America Dear Director Moe: The National Community Reinvestment Coalition (NCRC)
14 Black and Woman-Owned Brands to Support This Month
Are you looking to support Black-owned businesses? As we continue to recognize and celebrate Black History Month, we want to encourage you to support Black-owned businesses.
Civil rights, fair lending and consumer rights organizations call on the Federal Reserve to strengthen the Community Reinvestment Act
More than 100 national and local civil rights, fair lending and consumer rights organizations have urged the Federal Reserve to strengthen the Community Reinvestment Act (CRA), a key anti-redlining and civil rights law.
The National Community Reinvestment Coalition and the Stavros Niarchos Foundation Launch the SNF Small Business Growth & Recovery Fund
The National Community Reinvestment Coalition (NCRC) and the Stavros Niarchos Foundation (SNF) today announced the launch of a major new initiative, the SNF Small Business Growth & Recovery Fund.
NCRC comment on Federal Reserve Board’s Advance Notice of Proposed Rulemaking regarding the Community Reinvestment Act – February 2021
DOWNLOAD FULL COMMENT Overview and introduction Docket Number R-1723 and RIN Number 7100-AF94 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the thoughtfulness of the Federal Reserve Board’s (Board) approach to modernizing the regulations implementing the Community Reinvestment Act (CRA). NCRC is an association of community-based organizations whose mission is to
Over 100 groups call on Federal Reserve to Strengthen CRA
(Download) Docket Number R-1723 and RIN Number 7100-AF94 To Whom it May Concern: The Federal Reserve Board (Fed) must strengthen the rigor of CRA exams to promote recovery from the COVID-19 pandemic. The Fed has described approaches in its Advance Notice of Proposed Rulemaking (ANPR) on CRA that will make CRA exams more objective and
Civil Rights, Fair Lending And Consumer Rights Organizations Urge A More Race-Conscious CRA
(Download) February 16, 2021 Ann E. Misback, Secretary Board of Governors of the Federal Reserve System 20th Street and Constitution Ave. NW Washington, DC 20551 RE:Â Docket Number R-1723 and RIN Number 7100-AF94 Dear Ms. Misback: In its October 2020 Advance Notice of Proposed Rulemaking (ANPR), the Federal Reserve Board (FRB) invited public comment on
Illinois responds to systemic racism with 36% Rate cap
Widespread support for Illinois’ Predatory Loan Prevention Act, SB 1792, shows some good is coming after a year of violence, chaos and pandemic.
NCRC Applauds HUD Announcement to Prohibit Housing Discrimination based on Sexual Orientation, Gender Identity
Today, the U.S. Department of Housing and Urban Development (HUD) announced that it would enforce the Fair Housing Act to prohibit discrimination based on sexual orientation or gender identity. HUD made the announcement in response to the executive orders previously signed by President Biden late last month.