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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 U.S. House votes to hide evidence of discrimination and risk in banking Read More »
The money will be lent to not-for-profit developers who build or preserve affordable housing in the District.
NCRC pledges $1 million to support affordable housing in Washington, D.C. Read More »
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.Â
NCRC celebrates the 50th anniversary of the Fair Housing Act Read More »
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.
First Tennessee and NCRC announce a $3.95 billion commitment to community development Read More »
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.
NCRC promotes top executives Taylor and Van Tol, and adds a political unit Read More »
A member of NCRC’s board of directors since its founding in 1990, he has spent 30 years in the non-profit sector.
Hubert Van Tol receives NCRC lifetime achievement award Read More »
The award recognizes a government or industry leader who demonstrates outstanding commitment to the field of economic justice.
Bruce Murphy receives NCRC Representative Henry B. Gonzalez Award Read More »
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. Â
The Department of Treasury has released a long-awaited report recommending the first meaningful reform to the Community Reinvestment Act since 1995.
Treasury’s CRA reform has arrived: It’s good, it’s bad, it’s vague Read More »
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.
We must stay vigilant as the #BankLobbyistAct moves to the House Read More »
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.
$1.2 million grant to investigate banking discrimination in small business lending Read More »
The National Community Reinvestment Coalition, joined by almost 500 national and local organizations, today sent a set of recommendations to Treasury Secretary Steve Mnuchin and Comptroller of the Currency Joseph M. Otting to strengthen the Community Reinvestment Act.
Washington DC– On Tuesday, January 30th, interim Director Mick Mulvaney placed the Office of Fair Lending and Equal Opportunity under his direct control and stripped it of enforcement power. John Taylor, President and CEO of the National Community Reinvestment Coalition, made the following statement. “The CFPB’s organization chart is the agency’s business, but enforcing consumer
Interim Director removes enforcement powers from anti-discrimination office Read More »
WASHINGTON, D.C. – This week, a leaked version of a housing finance proposal from U.S. Senators Bob Corker (TN) and Mark Warner (VA) emerged that would severely harm America’s housing market. Today, several civil rights and affordable housing groups issued a statement on the proposal’s negative impact on access, affordability, and market stability. The Center
Senate housing finance proposal threatens access, affordability, and market stability Read More »
