In the News

More than 50 years after the Fair Housing Act of 1968 outlawed housing discrimination on the basis of race, sex, national origin and religion, segregation persists in some of America’s largest cities.

“We use and celebrate the $60 billion number because it is a way for people to understand that this is a big deal, this is significant,” Van Tol said. “But the quality is the more significant thing. Our whole process is aimed at meaningful commitments.”

Banks could start earning CRA credit for the assistance they provide to communities in the event of natural disasters.

Washington, D.C., has been declared the most gentrified city in the country, according to a study by the National Community Reinvestment Coalition. Beyond the more than 20,000 Black D.C. residents who have actively been displaced since 2000, drastic increases in commercial rent and property taxes are also forcing long-loved Black-owned businesses to close their doors.

After decades of the federal government playing a limited role in local land-use regulations, there is renewed interest on both sides of the aisle for a stronger federal effort to reign in restrictive zoning laws.

The National Community Reinvestment Coalition ranks New York City as one of the most rapidly gentrifying areas in the country. In 2012, Rent Cafe listed the areas where Biggie’s one-room apartment is located as one of the top 20 most-gentrified zip codes.

This June, the House Judiciary Committee finally debated HR 40, which would form a commission to study the legacy of slavery on U.S. society — and how to make reparations for it.

Many financial institutions have been closing in urban communities with nonwhite populations rendering these cities “financial deserts,” according to an NBC report.

It would be difficult for the FHFA’s Office of Fair Lending Oversight to replace tools that have been weakened at other agencies under the Trump administration without a “more public-facing component,” said Jesse Van Tol, the chief executive of the National Community Reinvestment Coalition.

In Itta Bena, population 1,828 and likely declining, the only available banking is at ATMs.

Regional bank Cadence signs onto plan to serve lower income communities with provisions for small business lending and local community investments.

Minnesota Rep. Dean Phillips announced bill that requires the FHA cancel premiums after a certain percentage in homebuyers’ loans

A city council member in Washington, D.C., has introduced legislation that would make go-go music the District of Columbia’s “official” music, as community members continue ongoing efforts to protect the gentrifying city’s black culture.