fbpx

In the News

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

The Detroit News: Kamala Harris’ Claims on COVID-19 Businesses Loans Not Whole Truth

The National Community Reinvestment Coalition, an organization that works to promote investment in underserved communities, said in July the federal government’s data was “so flawed it is virtually useless to assess if there was any bias in how the money was distributed or how much money went to specific communities.”

The Detroit News: Kamala Harris’ Claims on COVID-19 Businesses Loans Not Whole Truth Read More »

WESA: Residents of Historically Redlined Neighborhoods May Experience More COVID-19 Risk Factors

“This is very literally structural racism where it was built into the structure of American cities, into the housing structure and the neighborhood structure of American cities, and that’s something that persists over a very long time,” says Bruce Mitchell, a senior researcher with the National Community Reinvestment Coalition

WESA: Residents of Historically Redlined Neighborhoods May Experience More COVID-19 Risk Factors Read More »

Politico: Fed aims to lay groundwork for interagency CRA overhaul

National Community Reinvestment Coalition head Jesse Van Tol, whose organization is suing the OCC over its CRA rule, said the Fed “doesn’t appear to introduce new problems” through its approach, in contrast to its fellow regulator.

“Also unlike the OCC rule, which had something for everyone to hate, this proposal has something for everyone to like,” he added. “That’s not to say everyone will love where they’re headed, but for those who don’t love it, I expect it to go down like cough syrup as opposed to like a s— sandwich (the OCC rule).”

Politico: Fed aims to lay groundwork for interagency CRA overhaul Read More »

The Diamond Back: For those raised in College Park’s Lakeland, the wounds left by its destruction remain

Today, gentrification disproportionately affects African Americans, as well as other minority groups in urban areas, in the effort to increase property values. According to a study done by the National Community Reinvestment Coalition, from 2000 to 2013, 20,000 African Americans were displaced from their homes in Washington, D.C.

The Diamond Back: For those raised in College Park’s Lakeland, the wounds left by its destruction remain Read More »

The Entrepreneur Fund: The History of Lending Discrimination

To create the maps, HOLC examiners classified neighborhoods on a “perceived level of lending risk” based on information they gathered from local appraisers, bank loan officers, city officials, and real estate agents. According to the National Community Reinvestment Coalition, the examiners graded the neighborhoods based on factors such as:?? The age and condition of the housing, Access to transportation, The closeness of popular amenities such as parks, Proximity to undesirable properties such as polluting industries, The residents’ economic class and employment status, The residents’ ethnic and racial composition.

The Entrepreneur Fund: The History of Lending Discrimination Read More »

WAMU: D.C. Businesses In Majority Black Neighborhoods Waited Longer For Federal Pandemic Aid

Liu suggested racism also played a part in the funding disparities, citing research conducted in April by the National Community Reinvestment Coalition. The group conducted matched-pair testing in D.C., where pairs of Black and white applicants with similar credit applied for loans during the same time period.

WAMU: D.C. Businesses In Majority Black Neighborhoods Waited Longer For Federal Pandemic Aid Read More »

The New York Times: Is an Algorithm Less Racist Than a Loan Officer?

Intentionally or unintentionally, they discriminate. When the National Community Reinvestment Coalition sent Black and white “mystery shoppers” to apply for Paycheck Protection Program funds at 17 different banks, including community lenders, Black shoppers with better financial profiles frequently received worse treatment.

The New York Times: Is an Algorithm Less Racist Than a Loan Officer? Read More »

Lansing State Journal: ‘Redlining’ and its Impact on Lansing Neighborhoods

“The National Community Reinvestment Coalition found that 74 percent of the original redlined districts are still heavily segregated and at a severe economic disadvantage today,” said Forsberg. “Lansing is no exception. In our former redlined areas, there is still a large concentration of minority families with a high poverty rate.”

Lansing State Journal: ‘Redlining’ and its Impact on Lansing Neighborhoods Read More »

The Free Library: Financial Data Exchange expands international footprint with addition of 38 new members.

National Bank of Canada, Quicken, CIBC, Ozone API, Desjardins, Authlete, Canadian Credit Union Association (CCUA), Empower Retirement, FCT, Servus Credit Union, National Community Reinvestment Coalition, RattleHub, and Tangerine Bank Among New Members Joining

The Free Library: Financial Data Exchange expands international footprint with addition of 38 new members. Read More »

ArchDaily: “I Grew Up Where Architecture Was Designed to Oppress:” Wandile Mthiyane on Social Impact and Learning from South Africa

Architecture is never neutral; it either heals or hurts. According to a study by the National Community Reinvestment Coalition, three out of four neighborhoods that were redlined on government maps 80 years ago continue to struggle economically.

ArchDaily: “I Grew Up Where Architecture Was Designed to Oppress:” Wandile Mthiyane on Social Impact and Learning from South Africa Read More »

Forbes Advisor: Covid And Race: Households Of Color Suffer Most From Pandemic’s Financial Consequences Despite Trillions In Aid

“Through years of intentional governmental policies that removed lands and resources, American Indians have been separated from the wealth and assets that was rightfully theirs,” writes the National Community Reinvestment Coalition, an organization dedicated to creating opportunities for people to build wealth. “Thus Native Americans, which refers to people from any of the many indigenous groups of North, Central and South America, continue to be disenfranchised through a racial wealth divide like Latinos and African Americans.”

Forbes Advisor: Covid And Race: Households Of Color Suffer Most From Pandemic’s Financial Consequences Despite Trillions In Aid Read More »

DCist: Businesses In D.C.’s Majority Black Neighborhoods Waited 10 Days Longer For Federal Aid

Liu suggested racism also played a part in the funding disparities, citing research conducted in April by the National Community Reinvestment Coalition. The group conducted matched-pair testing in D.C., where pairs of Black and white applicants with similar credit applied for loans during the same time period.

DCist: Businesses In D.C.’s Majority Black Neighborhoods Waited 10 Days Longer For Federal Aid Read More »

Scroll to Top