In the News

Links to media coverage of NCRC.
To request an interview with NCRC experts, send a note to: media@ncrc.org.

Telegram.com: Michelle Singletary: Structural racism helps schemers attract Blacks to pyramid scams

The National Community Reinvestment Coalition and researchers from Utah State, Brigham Young and Rutgers partnered to send testers to 32 bank branches representing 17 randomly selected financial institutions in the Washington, D.C. metro area. Researchers wanted to see how Black business owners might be treated in seeking pandemic-related relief.

The Washington Post: Structural racism helps schemers attract Blacks to fake ‘sou-sou’ scams

On this last point, the National Community Reinvestment Coalition (NCRC) and researchers from Utah State, Brigham Young and Rutgers partnered to send testers to 32 bank branches representing 17 randomly selected financial institutions in the D.C. metro area. Researchers wanted to see how Black business owners might be treated in seeking pandemic-related relief.

The NCRC teamed up with the universities to determine whether the disparities in small-business lending that were present before the pandemic continued with the Paycheck Protection Program (PPP), which was aimed at helping small businesses retain employees. Testers had similar credit profiles. The only major difference was race.

NBC News: Landlords could exploit COVID-19 victims to fast-track evictions, housing advocates say

Many cities affected by evictions were already in the midst of mass displacement of Black and Latino residents following attempts at gentrification, according to the National Community Reinvestment Coalition, a nonprofit organization based in Washington.

“The interplay between gentrification and eviction is significant,” said Jesse Van Tol, CEO of National Community Reinvestment Coalition. “Eviction can facilitate new rounds of gentrification when landlords take it as an opportunity to fix up units and renovate to attract wealthier tenants and it can be used as an opportunity to extract more rent out of people.”

LexBlog: NCRC Files Suit Against CFPB over HMDA Reporting Thresholds

On July 30, 2020, the National Community Reinvestment Coalition (“NCRC”) and several other consumer advocacy organizations filed suit against the Consumer Financial Protection Bureau (“CFPB” or the “Bureau”), claiming that the Bureau’s recent Home Mortgage Disclosure Act (“HMDA”) rulemaking violates the Administrative Procedure Act (“APA”).

The Good Men Project: Shrink Wall Street to Guarantee Good Jobs

Black people and other communities of color that have been most affected by the twin pandemics would benefit most from the bill. A recent report by the Institute for Policy Studies and the National Community Reinvestment Coalition listed a federal jobs guarantee as one of eight solutions to the racial wealth divide.

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.”