In the News

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Medium – KnockLA: Digging Up White Roots: An Unsolved Murder in Long Beach Reveals Suburbia’s Long History of Racism

In contrast, the large swaths of red-graded “hazardous” areas in Long Beach contained oil fields and Black, and Latinx populations. Parts of these areas are currently low-to-middle class and majority populated by BIPOC residents, a historical trend mirroring research by the National Community Reinvestment Coalition (NCRC).

In 2018, the NCRC published a report documenting the lasting-effects of redlining in the country.

Bloomberg Tax: As Banks Shed Relief Loans, Pitfalls Arise for Hobbled Borrowers

“This is customer acquisition,” said Jesse Van Tol, chief executive officer of the National Community Reinvestment Coalition. “What’s problematic about that is, if you have nonbank servicers going after PPP loans, these are almost by definition businesses in distress. And those may be businesses that are vulnerable to be targeted for high-cost financing products in the future.”

WBHM: Business Capital, Knowledge Remains Out Of Reach For Many Minority Entrepreneurs

In 2017, the National Community Reinvestment Coalition found that banks were far more critical in considering small business loans from Black applicants and were less likely to schedule follow-up appointments or offer help completing the loan application. This disparity existed even when Black and white applicants in the study had identical education, age and income.

Forbes: Fair Housing Advocates Decry Repeal Of Regulation Aimed At Diversifying Suburbs

Jesse Van Tol, CEO of the National Community Reinvestment Coalition, called the new housing rule, “terrible,” adding: “The administration just gutted the rule that enforces fairness in housing, which was and still is the whole point of the Fair Housing Act,” he said. “All of us have an interest in living in fair and desegregated communities. This would be a return to separate but equal and would be among the most overtly racist housing policies in decades. It’s hard to even call it a policy. It doesn’t enforce anything. It hands off any action to local governments, and they can get away with no action. This approach won’t affirmatively further anything other than discrimination.”