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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.
NCRC elects new board members and officers, welcomes Catherine Crosby as new board chair Read More »
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 »
On Wednesday, April 28, 2021, President Biden addressed a joint session of Congress and described an ambitious plan to strengthen the nation’s infrastructure and expand our commitment to childcare, early childhood education and college.
Affordable housing is the infrastructure we need to ensure a just recovery Read More »
The pandemic and rapid social changes brought many challenges for a group of Black business owners in Washington, D.C., and Baltimore, but even so they emphasized the role of their businesses in maintaining the cultural vibrancy of their communities.
The Federal Housing Finance Agency (FHFA) yesterday approved new refinance options for low-income borrowers, allowing Fannie Mae and Freddie Mac (government sponsored enterprises, or GSEs) to offer new loan products that will bring lower interest rates and lower monthly payments within reach for more lower-income households.
FHFA Announces New Refinance Options for Low-Income Families on GSE-backed mortgages Read More »
PNC Bank and the National Community Reinvestment Coalition (NCRC) announced today the creation of a four-year, $88 billion community benefits plan that will increase financial resources to low- and moderate-income (LMI) people and communities across the bank’s entire national footprint.
PNC Bank, NCRC announce $88 Billion community investment commitment Read More »
Strengthening and expanding the reach of the Community Reinvestment Act and duties to serve throughout the financial sector has to be at the forefront of policy questions about racial equity, the racial wealth gap and expanding financial inclusion for lower income communities.
On Wednesday (April 21, 2021), the U.S. Senate confirmed Vanita Gupta as Associate Attorney General, the third-highest position inside the Justice Department, where she is expected to play a leading role in investigating police brutality and other civil rights matters.
NCRC statement on the confirmation of Associate Attorney General Vanita Gupta Read More »
Former police officer Derek Chauvin was convicted Tuesday (April 20, 2021) in Minneapolis of second- and third-degree murder and second-degree manslaughter for the May 25, 2020, death of George Floyd.
