In the News

The National community Reinvestment Coalition released a report about the gentrification in America and it predicts that Brownsville, a residential neighborhood in Brooklyn, NY, is next to experience a wave of gentrification.

Keybank has awarded Anchorage Community Land Trust with a $75,000 grant as part of a $16-billion community benefits agreement with the National Community Reinvestment Coalition.

Chicago, Washington D.C., New York City and Philadelphia are among seven cities that account for nearly half the gentrification in the United States, according to a study released this week by the National Community Reinvestment Coalition. Baltimore, Los Angeles and San Diego round out the top seven. In contrast, researchers found that medium and small cities were unlikely to be touched by gentrification.

The National Community Reinvestment Coalition’s study of that 13-year period found that the District had the highest percentage of gentrifying neighborhoods out of all the cities analyzed.Washington also experienced the highest “intensity” of gentrification in the country, according to the researchers who examined changing housing markets, population demographics, and levels in income and education in major U.S. cities.

“When you invest in a place without investing in the people, what happens is you’re displacing people,” said Jesse Van Tol, Chief Executive Officer for the National Community Reinvestment Coalition.

During the National Community Reinvestment Coalition’s Just Economy conference, City Councilors learned the importance of implementing local legislation in order to make sure those capital gains stay in Birmingham’s communities.

Representatives of the DC Board of Education, Bread for the City nonprofit organization, and Movement Mortgage bank discuss the pros and cons of gentrification as response to a study conducted by the National Community Reinvestment Coalition that named Washington D.C. the city with the highest intensity of gentrification.

As wealthy white people moved into these D.C. neighborhoods, 20,000 African American residents were displaced – more than any other city in the nation, according to the report by the National Community Reinvestment Coalition.Researchers defined the problem in D.C. and other U.S. cities as ‘intensive gentrification,’ or when more than 10 Census tracts within a city underwent gentrification from 2000-2013.

A greater number of Hispanics, on average, are being displaced from the most rapidly gentrifying Denver neighborhoods than in any other major U.S. city. That’s among the takeaways from “Shifting Neighborhoods,” a new report from the National Community Reinvestment Coalition.

The Birmingham City Council released a statement reflecting on their participation in the National Community Reinvestment Coalition’s Just Economy Conference, saying that the conference provided helpful information about opportunity zones — federal program incentivizing the investment of new businesses and commercial projects in low-moderate income communities — and how to apply local legislation to benefit Birmingham communities.

The National Community Reinvestment Coalition published a study about gentrification in American noting that Washington, D.C. had the highest rates of forced displacement due to gentrification. In 1970, black people made up 71.1 percent of D.C.’s population. Today, that number is under 50 percent.

The gentrification study released by the National Community Reinvestment Coalition (NCRC) shed light on the ongoing downside of gentrification, forced displacement. Washington D.C, had the highest rates of forced displacement — more than 20,000 black residents — due to gentrification from the years 2000-2013.

“What stands out with Baltimore compared to other areas is that most of what gentrified … was mostly areas that were already white,” Director or Research for the National Community Reinvestment Coalition Jason Richardson said. “There was a very limited amount of black displacement just because black neighborhoods weren’t gentrified.”

A gentrification study conducted by the National Community Reinvestment Coalition (NCRC) revealed that over 20,000 black Washington, D.C. residents have been displaced due to gentrification between the years of 2000 and 2013. This makes D.C. the highest gentrified city; following is Philadelphia and New York City. “You feel it and you see it,” said Jesse Van Tol, chief executive of NCRC, a research and advocacy coalition of 600 community organizations that promote economic and racial justice. “It’s the visibility and the pace of it.”

Federal Reserve Chairman Jerome Powell concluded his 72 hour optimistic outlook of the economy by addressing the National Community Reinvestment Coalition at its Just Economy Conference about how the, although strong, economy is not improving the lives of low-moderate income people.