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Comment on Proposed Rule: Parent Companies of Industrial Loan Companies, RIN 3064-AF31

By / / Testimony & Regulatory Comments, Uncategorized / 15 minutes of reading

(Download) May 26, 2020 RE: Comment on Proposed Rule: Parent Companies of Industrial Loan Companies, RIN 3064-AF31 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC), a coalition of 600 community-based organizations dedicated to increasing access to capital and credit for traditionally underserved communities, opposes the FDIC’s proposal to codify the procedures for […]

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Markets dominated by large banks see small number of PPP loans

By / / Uncategorized / 1 minute of reading

Markets dominated by large banks see small number of PPP loans Last update: April 20,2020 In states where community banks (deposits of $10 billion or less) held more deposits, businesses were more likely to receive Payroll Protection Program (PPP) loan funding.  In states where larger banks dominated the market, businesses received fewer PPP loans and

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Qualified Opportunity Zones 2018 & Gentrified Neighborhoods 2000 – 2017

By / / Uncategorized / 1 minute of reading

Gentrification and Opportunity Zones Instructions for use:Census tracts that were eligible or which gentrified between 2000 and 2017 are highlighted in gray on the map. Click on any neighborhood for further details. Opportunity Zones were designated by the Tax Cut and Jobs Act of 2017. Without a better understanding of the investments flowing into Opportunity

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Opportunity Zones LMI Map

By / / Uncategorized / 1 minute of reading

Opportunity Zones LMI Map Instructions for use:To verify if an address is LMI turn off the gentrification layer by clicking on it in the legend at the top of the map.  Verify the address is accurate, and that the map geolocates the address in the correct position.  Non-standard addresses, rural addresses, or the nearby border

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