Posts about NCRC research.
The pandemic and rapid social changes brought many challenges for a group of Black business owners in Washington, D.C., and Baltimore, but even so they emphasized the role of their businesses in maintaining the cultural vibrancy of their communities.
Download Infographic Intro Women have made great strides in the workplace, comprising nearly half of the workforce, and surpassing men in higher education achievement. Yet, women still make less income, have less wealth and face greater economic instability than their male counterparts. The level of economic instability faced by men and women is greatly influenced …
Racial Wealth Snapshot: Women, Men and the Racial Wealth Divide Read More »
Black America was in an economic crisis before COVID-19, and recovery for Black-owned businesses will require solutions to the economic preconditions that made success and wealth accumulation so difficult to achieve before the pandemic, a new report found.
Relationships Matter: Small Business and Bank Branch Locations — Key Takeaways The number of banks and bank branches has declined significantly since 2009. Local branches are still crucial to small business lending. Small business lending is increasingly dominated by the largest lending institutions. Smaller institutions are disappearing as they merge or are bought out by …
Relationships Matter: Small Business and Bank Branch Locations Read More »
DOWNLOAD Overview: A radical increase in Black homeownership is needed to see progress in bridging Black and White homeownership and wealth inequality. One of the defining factors of economic well-being for individuals and families is household net worth or wealth, but not all families are equal. Decades of racial injustice and economic inequality have led …
60% Black Homeownership: A Radical Goal for Black Wealth Development Read More »
More evidence of inequity in access to bank services to help small businesses survive the pandemic.
Regulatory agencies should consider loans per thousand people to identify Community Reinvestment Act assessment areas for branchless banks.
Essential Reading for a Just Economy from NCRC. Topics include: redlining, gentrification, mortgage lending and more.
In this report, NCRC extended our previously published analysis of bank branch closures to look at changes from 2017 through 2020.
The government’s flawed COVID relief program underscored the need for equity in small business financing, and for stronger enforcement of fair lending laws.
The report revealed dramatic differences in the costs and lending patterns for different subgroups of Hispanic borrowers, such as Cuban, Mexican and Puerto Rican borrowers. It also found that most Latino borrowers get their mortgages from non-bank mortgage companies and not from banks
Even after troubling findings from previous mystery shopper tests were published and in the news, financial institutions continued to create barriers for minorities and women business owners to access PPP loans.
Racial and Ethnic Representationand Investment Framework A Research Report and Recommendationsfor Beneficial State Foundation — OVERVIEW Key steps to improve a bank’s racial and ethnic demographics within their internal workforce, and methods to improve a commitment to diversity, equity and inclusion. — Key Takeaways Although African Americans comprise over 13% of the national population, and …
A new study compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.
Download Infographic Introduction The United States has more immigrants than any country in the world. In 2018, approximately 44.7 million immigrants lived in the United States, accounting for 13.7% of the country’s population. Although immigration has always played a key role in the history and the making of the United States, from the colonial era …
Racial Wealth Snapshot: Immigration and the Racial Wealth Divide Read More »
