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In the News

Links to media coverage of NCRC.
To request an interview with NCRC experts, send a note to: media@ncrc.org.

GlobeNewswire: Constellation Brands Announces Commitment to Invest $10 Million in ‘Clear Vision Impact Fund’ to Support Black and Minority-Owned Businesses

The National Community Reinvestment Coalition, an organization that works to champion fairness and end discrimination in lending, housing and business, found that in 44 percent of tests, Black business lending applicants received disparate treatment from lenders, including discouraging Black firms from applying for a loan and requiring additional information of Black firms compared to White firms(2).

GlobeNewswire: Constellation Brands Announces Commitment to Invest $10 Million in ‘Clear Vision Impact Fund’ to Support Black and Minority-Owned Businesses Read More »

The Financial Brand: Brace Yourself for an Angry Online Mob When Closing Branches

Banks and credit unions are increasingly shuttering brick-and-mortar locations. When they do, consumers flock to the internet with complaints about greedy, heartless bankers who don’t listen to their concerns. As financial institutions continue to downsize their retail networks, how will they handle the angry voices in the crowd?

The Financial Brand: Brace Yourself for an Angry Online Mob When Closing Branches Read More »

CBS Boston: Are Minority-Owned Boston Businesses Getting Their Share Of COVID Relief Money?

These findings come after a study by the National Community Reinvestment Coalition showed Black female and Hispanic male testers, who posed as applicants in the Los Angeles region, received less information about PPP loan products than white, male testers. Banks gave Black applicants different “levels of encouragement” and information to apply for loans, according to the study.

CBS Boston: Are Minority-Owned Boston Businesses Getting Their Share Of COVID Relief Money? Read More »

bon appétit: In Gentrifying Atlanta, Black-Owned Food Businesses Are Banding Together to Survive—and Thrive

Over the past decade, however, migration patterns have reversed and white folks have returned to the neighborhood in droves, buying up hundred-year-old Craftsman bungalows to flip or inhabit. Property values have doubled or even tripled, which is good for people trying to sell, but bad for renters who want to stay, thanks to the property taxes and rental prices that balloon as a result.

bon appétit: In Gentrifying Atlanta, Black-Owned Food Businesses Are Banding Together to Survive—and Thrive Read More »

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