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.
The 2018 Just Economy Conference will take place April 9-11 at the Washington Hilton, in Washington, DC. This is the national event for economic justice leaders, policy-makers, journalists, academics and entrepreneurs concerned about fairness in the nation’s housing and banking systems. The conference is organized by the National Community Reinvestment Coalition.
The Department of Treasury has released a long-awaited report recommending the first meaningful reform to the Community Reinvestment Act since 1995.
The Senate just voted 67-31 and passed Senate Bill 2155, also nicknamed the #BankLobbyistAct. S. 2155 rolls back bank data reporting requirements used to ensure banks treat all borrowers fairly. John Taylor, President and CEO of the National Community Reinvestment Coalition, made the following statement.
The W.K. Kellogg Foundation has contributed a $1.2 million grant to the National Community Reinvestment Coalition, which will support a three-year investigation of small business lending practices at banks in three US metropolitan areas.