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Press Releases

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NCRC, Morgan Stanley Announce New Equitable Development Fellowship Program

The National Community Reinvestment Coalition (NCRC) and Morgan Stanley partnered to create a community development fellowship that matches top-level master’s degree students with premiere community development organizations. Both hosts and fellows must apply for this opportunity. Applications will be accepted until May 6, 2022. 

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NCRC, OFN and 91 Community Groups Support SBA’s Community Advantage Pilot Program Reforms

In a letter to the SBA, the National Community Reinvestment Coalition (NCRC) and the Opportunity Finance Network (OFN), organizations that advised SBA on changes to the Community Advantage Pilot Program, were joined by 98 community and national organizations in support of the proposed reforms. NCRC President & CEO Jesse Van Tol and OFN President & CEO Lisa Mensah attended the announcement at Howard University in Washington, DC.

NCRC, OFN and 91 Community Groups Support SBA’s Community Advantage Pilot Program Reforms Read More »

NCRC Community Development Fund Named to Fast Company’s Annual List of the World’s 50 Most Innovative Companies for 2022

The NCRC Community Development Fund, Inc. (NCRC CDF) has made Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2022, placing ninth in the “Small and Mighty” category. 

NCRC Community Development Fund Named to Fast Company’s Annual List of the World’s 50 Most Innovative Companies for 2022 Read More »

Mayor Woodfin to Present Keys to First Homeowners in Historic Birmingham Neighborhood

The first homeowners will receive keys to their new homes from Mayor Randall Woodfin on March 17, 2022, at a ribbon-cutting ceremony celebrating homeownership and the revitalization of the Ensley community. These will be the first closings under the $25 million partnership between the City of Birmingham and The NCRC Housing Rehab Fund, LLC (NCRC HRF), known as GROWTH by NCRC.  

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Advocacy groups remind bank regulators of the urgent need for stronger CRA rules and tougher enforcement on lending equity and bank mergers

With a new proposal imminent from bank regulators, community, civil rights and consumer advocacy groups stress the urgency of updates to Community Reinvestment Act

Advocacy groups remind bank regulators of the urgent need for stronger CRA rules and tougher enforcement on lending equity and bank mergers Read More »

NCRC and Cadence Bank Announce $20.7 billion Community Benefits Plan

Cadence Bank announced today its 2022-2026 Community Benefits Plan, developed in collaboration with the National Community Reinvestment Coalition (NCRC), building on the bank’s longstanding commitment to support traditionally underserved communities, including low- and moderate-income (LMI) neighborhoods, people of color and small businesses.

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