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be strengthened to cover the entire financial sector and ensure lower-income borrowers and communities of color have access to credit and capital.
The NCRC Housing Rehab Fund, LLC (NCRC HRF), known as GROWTH by NCRC, broke ground on 12 lots dedicated to new construction in Parma Heights, Ohio. GROWTH is partnering with Cleveland Custom Homes (CCH) to build the project.
The Association of Women’s Business Centers (AWBC) has named Heidi Sheppard, Project Director, DC Women’s Business Center (DCWBC) as the new board member of the AWBC board of directors.
In May 2019, the National Community Reinvestment Coalition (NCRC) filed a comment opposing the application and noted then that the company had not provided a complete plan to meet its community reinvestment obligations.
Monzo USA withdraws national bank charter application opposed by NCRC Read More »
Rohit Chopra’s prior experience as an Associate Director and Student Loan Ombudsman at the CFPB and most recently as a Federal Trade Commissioner demonstrates his strong commitment to the CFPB’s core mission to protect American consumers from unfair, abusive or deceptive financial practices and products.
NCRC applauds confirmation of Rohit Chopra to lead CFPB Read More »
(Washington, D.C.) — Following Senator Raphael Warnock’s (D-GA) introduction of the Senate companion to the Downpayment Toward Equity Act, which would allocate $100 billion in funding for first-time homebuyers, the National Fair Housing Alliance, the National Coalition for Asian Pacific American Community Development, the National Urban League, the National Community Reinvestment Coalition, the Center for Responsible Lending, UnidosUS, and the Leadership Conference on Civil and Human
The National Community Reinvestment Coalition (NCRC) has filed fair housing complaints against three real estate providers for discriminating against prospective Asian American clients.
NCRC Files Complaints Against Real Estate Agents For Anti-Asian Business Practices Read More »
The US Department of Housing and Urban Development (HUD) has appointed six new members to its Housing Counseling Federal Advisory Committee, including Ibijoke Akinbowale, director of the National Community Reinvestment Coalition’s (NCRC) Housing Counseling Network (HCN).
NCRC Director Ibijoke Akinbowale Appointed to HUD Advisory Committee Read More »
Yesterday, President Biden announced the nomination of Cornell Law School Professor Saule Omarova to be the next Comptroller of the Currency.
NCRC statement on nomination of Saule Omarova as Comptroller of the Currency Read More »
Not only is it feasible, it is also constitutional to add a robust consideration of race to the requirements of the Community Reinvestment Act (CRA), a new report argues. The report, from the National Community Reinvestment Coalition (NCRC) and the civil rights law firm Relman Colfax PLLC, calls on CRA regulators at the Office of
CRA regulations, examination procedures should include explicit focus on race Read More »
Today, national civil rights, housing policy, and consumer protection groups released a letter sent to Congressional leadership and committee chairs calling for inclusion of housing policies that would advance racial and economic equity in the upcoming human infrastructure reconciliation legislation. The letter, linked here, was signed by the Center for Responsible Lending, The Leadership Conference
FedNow System Must Not Launch Until it is Safe The Federal Reserve Board must do more to protect consumers, small businesses and other users from fraud and mistakes in the new “FedNow” instant person-to-person (P2P) system that it is developing, according to comments submitted today by consumer, small business, community and legal services groups. One
Fed Must Do More to Protect Consumers From Fraud and Mistakes in New P2P Payment System Read More »
The OCC proposed to fully rescind the 2020 CRA rule and also restated the agency’s intent to draft new rules jointly with the Federal Reserve Board and FDIC.
Lawsuit paused after OCC moves to fully rescind disastrous 2020 CRA Rule Changes Read More »
A new events and office space designed for social sector nonprofits has opened in the historic Union Trust building at 15th and H Streets, just around the corner from The White House. The Just Economy Club, at 740 15th St. NW, offers members private offices with room for teams of up to eight people, shared
implementing Section 1071, the portion of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank) that required the CFPB to collect and publish small business lending data.
