Links to media coverage of NCRC.
To request an interview with NCRC experts, send a note to: media@ncrc.org.
Newsweek, October 1, 2021, The Challenge of Defeating Illiteracy In America The effects of redlining – a government policy instituted in the 1930s that saw Black communities prevented from receiving home loans – are still evident today in America’s unequal literacy rates. At the time, inaccessibility to home loans drastically reduced investment into Black communities, […]
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Just Money, September 30, 2021, A Symposium On Destin Jenkins’s The Bonds Of Inequality: Debt And The Making Of The American City Dedrick Asante-Muhammad, National Community Reinvestment Coalition (NCRC) Bonds of Inequality: Debt and the Making of the American City details the rise and fall of the municipal bond market as an economic engine for municipalities.
US Congressman Chuy García, September 30, 2021, Rep. Chuy García & Senator Elizabeth Warren Introduce Bank Merger Review Modernization Act To End Rubber Stamping Of Bank Merger Applications The Bank Merger Review Modernization Act has been endorsed by Jeremy Kress, former Federal Reserve Board attorney and Assistant Professor of Business Law at the University of Michigan; the
NFHA, September 30, 2021, Civil Rights, Consumer Protection, and Housing Policy Organizations Applaud Senator Raphael Warnock’s Introduction of the $100 Billion Downpayment Toward Equity Act, Call for Its Immediate Passage Following Senator Raphael Warnock’s (D-GA) introduction of the Senate companion to the Downpayment Toward Equity Act, which would allocate $100 billion in funding for first-time homebuyers, the National
HR Dive, September 29, 2021, Why it May Be Time For a More Compassionate Bereavement Policy A viral LinkedIn post drew attention to the failures of the standard, three-day leave offered for bereavement. Tamara Rasberry, director of HR and operations for the National Community Reinvestment Coalition, has consulted with a number of companies on how
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Non Profit Quarterly, September 29, 2021, Closing the Racial Wealth Divide: A Plan to Boost Black Homeownership Dedrick Asante-Muhammad and Joshua Devine of the National Community Reinvestment Coalition co-authored an article discussing the various strategies that can be used to address the racial wealth-gap in homeownership. NCRC has proposed setting a goal of reaching 60%
The American Prospect, September 29, 2021, Wall Street’s Attack On Biden Nominee Are A Red Herring Industry criticism of OCC pick Saule Omarova for wanting to end private banking masks their real fear of losing their derivatives businesses. Omarova would also be a key figure in the OCC’s planned overhaul to the Community Reinvestment Act, banks’ basically unenforced,
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The Wall Street Journal, September 27, 2021, The Pandemic Hit Cities Hard, But Especially Washington, D.C. With the federal government signaling that remote-work is here to stay, Washington D.C, is left to grapple with the outflow of workers who are leaving in pursuit of cheaper accommodation. Sky-high housing prices have already pushed out local residents
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5280, September 27, 2021, Emanuel Martínez Brought Muralism to Denver. Now, Gentrification Threatens His Art Emanuel Martínez, famous for popularizing mural art in Denver, now faces the risk of having some of his best work being destroyed. His work adorns the walls of various buildings in some of Denver’s oldest and most historic neighborhoods, which
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Bankers Online, September 27, 2021, New Members of Housing Counseling Federal Advisory Committee The U.S. Department of Housing and Urban Development has appointed six new members to its Housing Counseling Federal Advisory Committee. Among the new appointees is our very own Ibijoke Akinbowale, Director of the Housing Counseling Network at the National Community Reinvestment Coalition,
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U.S. Department Of Housing And Development, September 24, 2021, HUD Appoints New Members To The Housing Counseling Federal Advisory Committee And Announces Future Expansion The US Department of Housing and Urban Development (HUD) has appointed six new members to its Housing Counseling Federal Advisory Committee, including Ibijoke Akinbowale, director of the National Community Reinvestment Coalition’s (NCRC) Housing Counseling
CSR Wire, September 23, 2021, From the Fifth Third Bancorp 2020 ESG Report: Communities Fifth Third closed out 2020 by celebrating the successful conclusion of our five-year, $32 billion Community Commitment. The Community Commitment was announced in 2016 as a $27.5 billion plan over five years. Later that year, that amount was increased to $30 billion
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ABC 7, September 22, 2021, Data Shows Poor Communities of Color in SoCal Impacted Most by Bank Closures Low-income, high-minority areas of L.A. County saw a 12% drop in banks between 2017 and 2020. It’s a scene happening across the country. According to a report by the National Community Reinvestment Coalition, over 13,000 bank branches closed
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The DC Line, September 21, 2022, The Only Democrat Registered as a 2022 Mayoral Candidate Says He ‘Never Went Away’ After Losing to Bowser in 2018 James Butler is the only Democrat running for Mayor of Washington, D.C. in the June 2022 primary. If elected, he promises to tackle gentrification and housing inequality by expanding
NJ Today, September 22, 2021, Predatory Lenders NewDay USA & Federal Saving Bank Exploit Military Borrowers One of New Jersey’s most outspoken progressive Democrats, McCormick said AWOL: How Watchdogs Are Failing to Protect Servicemembers from Financial Scams is a report that analyzes new government data and shows that NewDay USA and The Federal Saving Bank, two loan
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