The recommendation to abolish affordable housing goals would be disastrous for young Americans and the working class.
HUD appears to be thinking about how to create loopholes to avoid findings of disparate impact, a standard that says discrimination, regardless of intent, is illegal.
A group of 487 civil rights, fair lending, community, and consumer rights organizations today submitted to bank regulators a set of recommendations for strengthening the Community Reinvestment Act (CRA), a law designed to stop discrimination in mortgage and small business lending.
The bill rolls back parts of the Dodd-Frank banking rules and valuable fair lending protections enacted after the 2008 financial crisis
The money will be lent to not-for-profit developers who build or preserve affordable housing in the District.
Today, we celebrate the 50th anniversary of the passing of the Fair Housing Act, considered the largest civil rights victory in history, and passed seven days after the assassination of Rev. Dr. Martin Luther King in memoriam of his life’s work. In commemoration, leaders from the National Community Reinvestment Coalition made the following statements.
The plan will increase access to financial resources within low- to moderate-income (LMI) communities in Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Texas, and Virginia.
NCRC’s longtime leader, John Taylor, was promoted to President & Founder. Jesse Van Tol, who started as an assistant to Taylor in 2006 and most recently was Chief Operating Officer, was named the organization’s CEO. They will co-lead NCRC to expand opportunities for affordable housing, economic development in low- and moderate-income communities and fairness in financial services.
A member of NCRC’s board of directors since its founding in 1990, he has spent 30 years in the non-profit sector.
The award recognizes a government or industry leader who demonstrates outstanding commitment to the field of economic justice.