Analysis and points of view on research, trends, issues, ideas and opportunities.
A stablecoin is a digital asset that can represent virtually any national currency. In most cases, stablecoins are assigned 1:1 to the US dollar, but can also be pegged to other international currencies, such as the Euro or Yuan. In the past five years, the size of the stablecoin market has risen from approximately $5 […]
The Need for Community Development Accountability for Stablecoin Issuers Read More »
Through an inclusive, community-centered approach, NCRC member Pittsburgh Community Reinvestment Group (PCRG) is working to revitalize Allegheny County’s single family housing market and put homeownership back in the hands of families through their policy advocacy and financial education efforts. PCRG began in 1988 as a coalition of local nonprofits dedicated to addressing racially discriminatory practices
For 43 years, New Jersey Citizen Action (NJCA) has been a cornerstone for economic justice in the Garden State, serving more than 15,000 families annually through programs ranging from free tax preparation to foreclosure prevention. NJCA emerged from broader citizen action movements in response to the Reagan Administration’s cuts to social programs and deregulation efforts.
The economy added 139,000 jobs in May while the unemployment rate remained unchanged at 4.2%. While one-month job gains were solid, gains for March were revised down by almost 48%. The BLS revised its numbers twice in the past two months, meaning March’s numbers were revised in April, then again in May. These downward revisions
NCRC member organizations pursue a range of missions that fit broadly under the umbrella of promoting economic equity for all Americans. The research team at NCRC supports those members in many ways, including providing assistance in quantifying the impact of our members’ efforts in their communities. One Houston, TX-based community development financial institution (CDFI) offers
The racial wealth gap remains one of the biggest economic inequity problems facing the United States today. With its origins in chattel enslavement of Black Americans, the gap remains a stark reminder of the societal costs of these insidious practices. Long after abolition, neighborhood redlining and instances of racial terror, such as the 1921 Tulsa
Business Ownership and Its Role in Maintaining the Racial Wealth Gap Read More »
Housing nonprofits in Colorado had their hands full following the Great Recession of 2007. Fewer homes were being built, with unemployment causing housing insecurity rates to rise exponentially. Local and state governments also had fewer resources to help those in need. “After the Great Recession, there was a desire to co-advocate in a way that
The lack of affordable housing and other structural barriers to homeownership are a nationwide problem. Yet, for Native communities living on tribal lands, those dynamics become an even more complicated challenge to overcome. They are often overlooked by traditional state, local, regional and federal housing assistance programs and minimized as constituents given their unique sovereign
Reclaiming Tribal Lands Through Innovative Economic Development Efforts Read More »
There is nothing like getting off at your Metro stop and being greeted by the urban and international metropolis that is Washington, D.C. Everywhere you turn you see the influence of immigrants from countries all across the world– from the aroma of a warm Ethiopian coffee to the mellow taste of a bowl of Vietnamese
Small but mighty – that’s the self-described motto of the two-person team leading the Utah Housing Coalition (UHC), a nonprofit organization that promotes equitable and sustainable communities by ensuring all Utahns have a safe and affordable place to call home. “We always say we take on the role of a low-income voice because those are
Aspiring small business owners in Baltimore are gaining a powerful new ally, right in the heart of downtown. Baltimore Community Lending (BCL) will launch its new headquarters and Business Development & Resource Center (BD&RC) on June 18, 2025. The new facilities at 301 N Calvert St. reflect BCL’s recent expansion of its mission to revitalize
An analysis of how the “One Big Beautiful Bill” House reconciliation package extending Trump tax cuts will affect low-income communities and community development.
NCRC member organization United South Broadway Corporation (USBC) is a shining example of what it looks like when an organization tackles a problem holistically. The community development corporation was created to help low-income community members purchase homes in Albuquerque, New Mexico. Since then, it has grown statewide, establishing community programs that have changed the outcomes
United South Broadway Corporation: A Holistic Model of Community Development Read More »
In most American communities, one will see sleek, newly constructed luxury apartments, a variety of trendy eateries, carefully manicured shrubbery and the new well-to-do residents seemingly without a care in the world on one block. Then, one will see the bleak, dilapidated buildings, gaudy fast-food restaurants, tree-barren landscapes and the established residents that are struggling
For over half a century, Tierra del Sol Housing Corporation has been a trailblazer in the community development sphere, providing single and multi-family housing to farmworkers, seniors and lower-income individuals across rural New Mexico. For most of those years, executive director Rose Garcia has been at the heart and helm of the organization. A Latina
NCRC Member Advances Housing Accessibility And Sustainability In Rural New Mexico Read More »
