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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 passage of the American Rescue Plan Read More »
Today, the U.S. Senate confirmed Marcia L. Fudge as Secretary of the U.S. Department of Housing and Urban Development (HUD).
NCRC Applauds Confirmation of Marcia L. Fudge to Head of HUD Read More »
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).
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
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.
NCRC Mourns the Loss of Vernon Jordan Read More »
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.
The NCRC Housing Rehab Fund, LLC (NCRC HRF), marketed as GROWTH by NCRC, has appointed Jennifer Powers as National Vice President of Acquisitions.Â
Jennifer Powers Promoted to National Vice President of Acquisitions at GROWTH by NCRC Read More »
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.
First Citizens Bank Announces $16 Billion Community Benefits Plan with NCRC Read More »
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 (NCRC) and the Stavros Niarchos Foundation (SNF) today announced the launch of a major new initiative, the SNF Small Business Growth & Recovery Fund.
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.
HUD’s withdrawal from the Massachusetts disparate impact case is a first step to definitively end the Trump Administration’s attempt to undermine fair housing enforcement.
NCRC Applauds HUD Withdrawing Appeal in Fair Housing Case Read More »
Housing and Civil Rights Groups Call for Homeowner Assistance Fund to Avoid New Wave of Foreclosures and Devastating Effects for Communities of Color
This has been a bad week for the OCC’s disastrous CRA rule. First, we won our preliminary battle in federal court by demonstrating that we have standing to sue the agency. And now, the trade organizations that represent bankers have also called for the OCC to withdraw its rule.Â
NCRC applauds Trade Groups’ Call on the OCC to Withdraw Flawed CRA Rules Read More »
NCRC surveyed 938 small business owners across nine metropolitan areas from October 23, 2020, to December 29, 2020. The purpose of the survey was to determine whether small business owners explored other options, such as lease and loan modifications to save their businesses, and if so, did they access them.Â
