Links to media coverage of NCRC.
To request an interview with NCRC experts, send a note to: media@ncrc.org.
The 2016 study from NCRC looked at mortgage lending patterns in St. Louis, Milwaukee and Minneapolis and observed compounding effects of systemic discrimination in banking and finance. It documented zones of largely unbanked and underbanked populations coupled with low rates of mortgage originations that were correlated with predominantly Black neighborhoods.
Bruce Mitchell, a senior researcher at the National Community Reinvestment Coalition, said that “Anyone who was not northern-European white was considered to be a detraction from the value of the area.”
Jesse Van Tol, CEO of the National Community Reinvestment Coalition, explains that because the new rule imposes no requirements to further fair housing, local governments can “do nothing but talk … and claim they furthered fair housing.” As a result, Van Tol argues that the rule will not address the “persistent patterns of racial segregation that continue to create unfair and unjust life outcomes for people based on their zip codes.”
Josh Silver, Senior Advisor at the National Community Reinvestment Coalition, told BuildingGreen the CRA, in addition to needing updates that take into consideration the proliferation of electronic banking, could do more to benefit struggling communities. He added that the order has not changed at all since 1995.
According to a mystery shopper test, National Community Reinvestment Coalition (NCRC) revealed that federal Paycheck Protection Program (PPP) lenders were in violation of Equal Credit Opportunity Act (ECOA) even after being made aware of discriminatory practices.
“The tests show that old patterns of systemic discrimination in lending didn’t magically disappear when banks made PPP loans,” Jesse Van Tol, CEO of the National Community Reinvestment Coalition, said.
A 2018 study conducted by the National Community Reinvestment Coalition (NCRC) in Los Angeles found that bank personnel introduced themselves less frequently to Black study participants than they did to white participants, and provided significantly less information to Black and Latinx participants regarding business loan products.
A study conducted by the National Community Reinvestment Coalition in July found that Black business owners had a harder time securing coronavirus financial relief than white business owners.
Huntington, Fifth Third Bank and KeyBank negotiated with the National Community Reinvestment Coalition to create their community benefit agreements. The trio collectively committed to more than $60 billion in lending and investments to low- and moderate-income communities and communities of color in the markets they serve.
Today, these neighborhoods are low to moderate income, according to one analysis by the National Community Reinvestment Coalition, and located in cities with incessant economic inequalities and extremely segregated neighborhoods.
In 2019, the National Community Reinvestment Coalition released a study. It looked at census data from 2000–2013 to try and suss out demographic changes indicative of gentrification and displacement. The good news: Though gentrification was common in the country’s most populated cities, it was actually pretty rare in smaller and midsize ones.
Biden faces steep housing challenges, from helping renters who can’t pay their rent during COVID-19 to preparing American homes for climate change. A major focus will be addressing widespread housing discrimination, according to Gerron Levi, senior director of government affairs at the National Community Reinvestment Coalition.
On October 29, we gathered over 1,300 community partners and friends for a virtual celebration of Fifth Third Bank’s Community Commitment. I want to personally thank our numerous partners, and especially the National Community Reinvestment Coalition. As John Taylor commented during the event, “We must work together to show what’s possible.
Three out of every four neighborhoods that were redlined in the 1930s still struggle today, according to a 2018 study by the National Community Reinvestment Coalition.
A study conducted by the National Community Reinvestment Coalition in July found that Black business owners had a harder time securing coronavirus financial relief than white business owners.
