For interviews and other media requests, contact: media@ncrc.org
NCRC joined a broad coalition of advocacy groups and banking industry leaders to urge Congress to close an obscure and dangerous loophole in US banking law.
The National Community Reinvestment Coalition (NCRC) and Morgan Stanley partnered to create a community development fellowship that matches top-level master’s degree students with premiere community development organizations. Both hosts and fellows must apply for this opportunity. Applications will be accepted until May 6, 2022.
Zest AI is the eighth company to join the Council since its inception in 2019.
In a letter to the SBA, the National Community Reinvestment Coalition (NCRC) and the Opportunity Finance Network (OFN), organizations that advised SBA on changes to the Community Advantage Pilot Program, were joined by 98 community and national organizations in support of the proposed reforms. NCRC President & CEO Jesse Van Tol and OFN President & CEO Lisa Mensah attended the announcement at Howard University in Washington, DC.
Buy Now Pay Later consumer finance products are growing rapidly and pose significant risks — unless the CFPB regulates them like the credit cards they are.
NCRC and 62 community leaders wrote to Senate Majority Leader Chuck Schumer urging action on David Uejio’s nomination to a key HUD civil rights enforcement post, which has languished in gridlock since August.
Tighter Scrutiny of Discriminatory Financial Practices Will Better Everyone’s Lives
Meet Megan Haberle, NCRC’s new Senior Director of Policy! Megan will be instrumental in developing and leading NCRC’s policy priorities and goals.
NCRC reacts to President Joe Biden’s new Executive Order on how cryptocurrencies and other digital assets should be regulated in the future.
The NCRC Community Development Fund, Inc. (NCRC CDF) has made Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2022, placing ninth in the “Small and Mighty” category.
The first homeowners will receive keys to their new homes from Mayor Randall Woodfin on March 17, 2022, at a ribbon-cutting ceremony celebrating homeownership and the revitalization of the Ensley community. These will be the first closings under the $25 million partnership between the City of Birmingham and The NCRC Housing Rehab Fund, LLC (NCRC HRF), known as GROWTH by NCRC.
With a new proposal imminent from bank regulators, community, civil rights and consumer advocacy groups stress the urgency of updates to Community Reinvestment Act
More than 8 million Americans live in neighborhoods that decades ago were systematically excluded from loans and investments through a racist system known as redlining.
Cadence Bank announced today its 2022-2026 Community Benefits Plan, developed in collaboration with the National Community Reinvestment Coalition (NCRC), building on the bank’s longstanding commitment to support traditionally underserved communities, including low- and moderate-income (LMI) neighborhoods, people of color and small businesses.
Since the pandemic reached our shores in March 2020, 4,025 branches have closed — an average of 201 branch closures per month. This was beyond our prediction and calls into question the future of bank branches as the principal conduit for access to financial services.
