PLACE, a housing and community development network, becomes part of NCRC

WASHINGTON, D.C. – Practitioners Leveraging Assets for Community Enhancement (PLACE), a membership organization for housing and community development practitioners, is becoming part of the National Community Reinvestment Coalition (NCRC). NCRC and PLACE have agreed to integrate PLACE members and continue its activities within NCRC, as an affinity group of NCRC, rather than as a separate […]

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NCRC applauds NAR for GSEs plan

WASHINGTON, DC — Today, the National Association of Realtors (NAR) announced a new GSEs plan to convert Fannie Mae and Freddie Mac into shareholder-owned utilities with a regulated and reliable rate of return. The plan calls for supporting the affirmative obligations as directed in the Housing and Economic Recovery Act (HERA), including the Enterprise housing […]

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NCRC condemns CFPB move to gut payday loan restrictions

WASHINGTON, DC — Yesterday, the Consumer Financial Protection Bureau (CFPB) announced plans to do away with tougher payday loan restrictions that were developed during the Obama Administration but that weren’t scheduled to take effect until later this year. The new regulations would have limited the number of consecutive loans given, while also requiring lenders to […]

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Housing maze

NCRC condemns Crapo GSE plan to drop affordable housing goals

WASHINGTON, DC — Today, Senate Banking Committee Chairman Mike Crapo, R-Idaho, released a plan to significantly alter the U.S. housing finance system. The plan would eliminate the affordable housing goals, the government-sponsored enterprises’ (GSEs) Duty to Serve rule and repeal their charter obligation to facilitate the financing of affordable housing for low- and moderate-income families.  […]

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Senator Warren proposes new vision for affordable housing and economic opportunity

WASHINGTON, D.C. – Today, Senator Elizabeth Warren announced a new bill tackling discriminatory lending, Community Reinvestment Act modernization, affordable homeownership and relief for families still recovering from the Great Recession.  Jesse Van Tol, CEO of the National Community Reinvestment Coalition (www.ncrc.org), made the following statement: “Senator Warren is proposing a bold vision for addressing financial […]

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