In the News

Market Watch, August 21, 2021, As Mortgage Rates Hover Near Historic Lows, Will Americans Be Able To Take Advantage Of The Savings? Supply restrictions and difficulty accessing credit could make the continued spate of low interest rates a wasted opportunity for many people. And new mortgage data suggests that people of color are particularly missing […]

FNTalk, August 17, 2021, The Resilience Of New York’s Black Homeowners After declining for much of the past 20 years, the national Black homeownership rate has stayed near 42% from 2016 to 2019, the lowest since 1970, while the rate of white homeownership reached 73%, a record high, according to the National Community Reinvestment Coalition,

The National Herald, August 13, 2021, Eleni Delimpaltadaki Janis On Collaborating With SNF To Support Small Businesses Eleni Delimpaltadaki Janis, Greece native and co-founder of the investment firm Equivico, expressed her belief that the economy “cannot evolve and grow unless basic social and economic issues are resolved.” She spoke with The National Herald noting the

American Military News, August 8, 2021, Lenders Again Are Targeting Veterans With Predatory Home Loans For years, active-duty military and veterans looking to buy or refinance a home were the targets of unfair lending schemes, ranging from pricey fees and high interest rates to unfavorable refinancing plans — a practice that was the focus of

Democratic Underground, August 3, 2021, Rep. Porter Report Details Exploitation In VA Home Loan Program Congresswoman Katie Porter (CA-45) today released a report revealing how predatory mortgage lenders are still exploiting military borrowers, despite years of efforts to prevent such abuses. “AWOL: How Watchdogs Are Failing to Protect Servicemembers from Financial Scams” analyzes new government

Donald W. Reynolds Journalism Institute, August 11, 2021, Financing Multicultural Media: New Collaboration Positions Publishers of Color As Catalysts For Equitable Community Development A robust, resilient and diverse media ecosystem is as essential to a community’s well-being as affordable housing, reliable transportation and accessible capital. And yet the institutions we often turn to for funding

Owning a home is one of the main drivers of intergenerational wealth in the U.S. The NCRC (National Community Reinvestment Coalition) works to end discrimination in lending, housing and business by increasing the flow of private capital into traditionally underserved communities.

Johnson believes the UMOJA rink has the potential to shine a much-needed spotlight on Eastmont, and help to jumpstart other business and cultural activities that can stem the displacement of Black people from the neighborhood. Oakland and San Francisco recently topped a list of the “most intensely gentrified” U.S. cities in a study conducted by the National Community Reinvestment Coalition.

Other studies that have tracked resident mobility on broader terms — such as the one on Washington, D.C., that the National Community Reinvestment Coalition conducted — found that the city, now identified as the most gentrified in America, lost more than 20,000 of its African American residents during the city’s gentrification (from 2000 to 2013).

With its alternative structure and ideals, the co-op has secured its first brick-and-mortar location during a pivotal moment for Dorchester. According to a 2017 study by the National Community Reinvestment Coalition, the neighborhood of Dorchester was in the lower 40th percentile of income and home value and therefore “eligible for gentrification.”

A study published by the National Community Reinvestment Coalition would reveal that Baltimore was among the top seven cities in the United States when it came to gentrification. The study utilized data accrued between 2000 and 2013 of more than 935 metro areas within the country, dissecting the leading causes and effects of gentrification along the way.

“Since large banks have chosen not to make VA loans, veterans have only a small number of lenders from which to choose,” said Jason Richardson, director of Research and Evaluation at the National Community Reinvestment Coalition, a nonprofit that tracks lending practices in traditionally underserved communities.

Marisa Calderon has dedicated her career to being a champion for increasing affordable homeownership and bridging the nation’s racial wealth gap in the Black and Latino communities. In September 2020, Calderon took on her new roles at the National Community Reinvestment Coalition. As the first Latina executive to head the NCRC Community Development Fund, Calderon works to provide loan capital that expands access to affordable homeownership and helps Black-, Brown-, and woman-owned businesses thrive.