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Today, the US. House of Representatives voted 218-208 in favor of H.J. Resolution 35, a Congressional Review Act resolution concurrent to S.J. Resolution 15, to nullify the harmful Trump-era True Lender rule.Â
NCRC applauds House for resolution nullifying True Lender rule Read More »
This is a pivotal moment for Fannie Mae and Freddie Mac, for the mission in their charters, and the role they can and must play in facilitating access to affordable housing and affordable mortgage credit for low- and moderate-income (LMI) households, for families and communities of color and rural communities.
Huntington Bancshares Inc. (Nasdaq: HBAN) and the National Community Reinvestment Coalition (NCRC) today announced a new $40 billion community benefits plan that will focus on affordable housing, small business loans and increased capital to low- and moderate-income communities, communities of color and communities that have been historically disadvantaged.
Huntington, NCRC announce $40 billion expanded community benefits plan Read More »
The Oak Hill Project in Birmingham’s historic Ensley neighborhood is designed to provide opportunities for building generational wealth and community revitalization.
The actions announced today are a downpayment on equitable investments in communities, expanded funding for affordable housing, the removal of barriers that have blocked equitable development, and the opportunity to participate in the federal procurement process.
NCRC Commends President Biden for Addressing Racial Wealth Divide And Discrimination Read More »
Supported by Morgan Stanley, the $5 million Field Empowerment Fund provides unrestricted grants to NCRC members to respond to the economic impacts of the coronavirus pandemic.
NCRC selects 30 organizations for first round of $5 million grant fund Read More »
Yesterday, the Senate confirmed Kristin Clarke as the U.S. Department of Justice Assistant Attorney General for Civil Rights.
Today, the Office of the Comptroller of the Currency (OCC) announced that the agency will halt further implementation of its 2020 Community Reinvestment Act (CRA) rule and will reconsider the rule in its entirety — a necessary first step to reversing the Trump-era changes to the critical anti-redlining law.
OCC Hits Pause On Disastrous 2020 CRA Rule Changes, Lawsuit Still Pending Read More »
Today, the Office of the Comptroller of the Currency (OCC) announced that they will halt the further implementation of the 2020 Community Reinvestment Act (CRA) rule and will reconsider the rule in its entirety — a necessary first step to reversing the Trump-era changes to the critical anti-redlining law.
OCC To Reconsider Disastrous 2020 CRA Rule Changes Read More »
Cleveland Custom Homes and GROWTH by NCRC Commit to Twelve New Builds Cleveland Custom Homes (CCH), in partnership with The NCRC Housing Rehab Fund, LLC (NCRC HRF), marketed as GROWTH by NCRC, closed on twelve lots dedicated to new construction in Parma Heights, Ohio. Lincoln Village, located near Stumph and Snow Roads, is one of
The American Dream Series Arrives in Parma Heights Read More »
I would like to congratulate Deputy Secretary Graves on his confirmation to this critical post. We need a leader like him to work with Secretary Raimondo on key economic development issues critical to an equitable recovery. I would also like to thank the coalition of community and economic development organizations that supported his nomination.
We look forward to working with new Acting Comptroller Hsu. The OCC has a great deal of work ahead. It has taken a number of missteps in the past few years that should be reversed, and that work must get underway as soon as possible.
Treasury announces Michael J. Hsu as new Acting Comptroller of the OCC Read More »
Taylor will discuss his plans in a speech at the Just Economy conference today at 3 pm ET.
NCRC Founder John Taylor To Retire August 1 Read More »
National Community Reinvestment Coalition (NCRC) members today elected new members to the organization’s board of directors, and the board has elected new officers.
The National Community Reinvestment Coalition (NCRC) has announced new roles and promotions for three of its executives.
NCRC promotes Dedrick Asante-Muhammad, Sabrina Terry and Tom Feltner Read More »
