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John Taylor, of the National Community Reinvestment Coalition, said the increase in lending is especially unique because “It’s tailored to people who need it most.”

Reveal, October 25, 2018: We exposed modern-day redlining in 61 cities. Find out what’s happened since  Across the country, officials have picked up the torch at the state and local levels. The response has been greatest in Philadelphia, the city most prominently featured in the Reveal report, where lawmakers, community activists and lenders have all responded. On

“It’s always been a surprise to me that housing doesn’t receive more attention in federal elections, and I think this is the year that changes that,” said National Community Reinvestment Coalition CEO, Jesse Van Tol.

NCRC president and founder John Taylor said the program, called Where We Live, is a “seminal moment for D.C.” He noted that people growing up in public housing and blighted neighborhoods are often shut out from the formal economy.

“This is an important step by Wells Fargo to expand its investment in the District, and to listen and work more closely with community groups,” said John Taylor, President and founder of NCRC.

“The Where We Live program is rooted in two things: investments that help people live, work and thrive, and a deep understanding that neighborhoods need long-term partners,” said John Taylor, President and founder of NCRC.

“If you want to help fight back, go to the National Community Reinvestment Coalition’s website (ncrc.org), where you will find resources to help you comment on the proposed rules. It will only take a few minutes and, I assure you, it will make a huge difference.”

The NCRC is part of an association of community organizations that “promote access to banking services, affordable housing, entrepreneurship [and] job creation.”

“There’s very little in the way of ensuring that the social impact of what comes out of this is beneficial to low-income communities,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition.

“It’s always been a surprise to me that housing doesn’t receive more attention in federal elections, and I think this is the year that changes that,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition.

“We need to strengthen and modernize the rules to make responsible credit accessible to creditworthy people,” writes NCRC President John Taylor.

“It requires all of us working together at the intersection of multiple sectors to see the kind of transformation this country needs,” said Jenn Jones, NCRC’S chief of membership and policy. “We spend a lot of time talking about the importance of engaging this November but really the work begins before November and it comes far after November. And, it starts in our communities; it starts in our neighborhoods; it starts with people.”

A historical map of NYC, from NCRC shows the areas where federal agencies would provide mortgage insurance to incentivize lending to homeowners and developers, versus areas where developers didn’t receive the same incentive.

“The foreclosure crisis really started as a subprime lending crisis,” Van Tol said, referring to the extremely risky loans lenders made to borrowers with less-than-stellar credit in the lead up to the crisis. “Low-and-moderate income people and people of color were disproportionately targeted for these bad loans.”