Small Businesses of Color Matter Too
Minority-owned businesses are vital to economic growth, but discriminatory lending hinders access to credit.
Views
Analysis and points of view on research, trends, issues, ideas and opportunities.
COVID-19 is speeding up white flight: Now is the time to invest in affordable housing
The pandemic has triggered the start of what might become a new round of “white flight” in some of the highest cost cities.
Why BLM Solidarity Requires Banks To Address Diversity And Inclusion Issues
Some bank executives claim a limited pool of Black talent to recruit from, but the problem is in large part due to insular recruitment practices.
Pollution in Black neighborhoods part of Louisville’s systemic racism
This is one in a series of essays accompanying NCRC’s 2020 analysis that showed more chronic disease and greater risks from COVID-19 in formerly redlined communities. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views or policy positions of NCRC. Thousands of Black and …
Pollution in Black neighborhoods part of Louisville’s systemic racism Read More »
Economic Reparations: the Path “From Here to Equality”
In about 400 pages, “From Here To Equality” reviews the political history of the Black reparations movement, the effects of slavery on the nation’s development and the ongoing failure of the country to take action to bridge racial economic inequality. It also outlines a program for Black reparations.
NCRC Initial Analysis of Federal Reserve’s ANPR on the Community Reinvestment Act: A Step Forward but Needs to be More Rigorous
The Federal Reserve Board has issued an Advance Notice of Proposed Rulemaking (ANPR) on the Community Reinvestment Act (CRA). The ANPR proposes to build upon the existing CRA exam structure of separate tests for retail and community development activity.
Systemic Problems Call For Systemic Solutions: California Needs the Right Policy Tools To Address Historic Racism
Kelsey Lyles, Health Equity Policy Lead, The Greenlining Institute Kelsey Lyles Program Manager, Health Equity, The Greenlining Institute As Health Equity Program Manager, Kelsey Lyles leads the Health Equity team’s workforce equity and inclusion advocacy efforts. Growing up in Chicago, she felt a strong commitment to social justice at a young age. Kelsey has extensive …
NCRC Short Summary of Federal Reserve Board Advanced Notice of Proposed Rulemaking on the Community Reinvestment Act
On September 21, the Federal Reserve Board approved an Advance Notice of Proposed Rulemaking (ANPR) on the Community Reinvestment Act (CRA). As an ANPR, this document is not a proposed change to the Federal Reserve’s CRA regulations. However, it offers details about a rule change the Federal Reserve (Fed) is contemplating
Baltimore: The Black Butterfly
Marceline White, Executive Director, Maryland Consumer Rights Coalition Marceline White Executive Director, Maryland Consumer Rights Coalition Marceline serves as the Executive Director of the Maryland Consumer Rights Coalition where she leads the coalition of 8,500 supporters in promoting economic justice and financial inclusion throughout Maryland. Marceline currently co-chairs the Consumer Protection Committee of Attorney General …
Fast Company: ‘We were shocked’: RAND study uncovers massive income shift to the top 1%
The median worker should be making as much as $102,000 annually—if some $2.5 trillion wasn’t being “reverse distributed” every year away from the working class.
The Atlantic: I’m Still Saying Her Name
Today I remember my friend Cynthia Wesley and the three other girls who died during the 16th Street Baptist Church bombing 57 years ago.
COVID-19 Disparities in Rochester, NY: The Legacy of Redlining in the City of Frederick Douglass and Susan B. Anthony
T Barbara Van Kerkhove, Ph.D. Researcher/Policy Analyst, Empire Justice Center Barbara Van Kerkhove is a researcher/policy analyst in Empire Justice Center’s Rochester, New York, office where she does research and advocacy on a variety of consumer finance and economic justice issues. She is the principal author of “Too Big to Fail…Too Poor to …
NCRC Initial Analysis of the CFPB SBREFA Panel Outline: A Step in the Right Direction but Improvements Sought
The CFPB’s initial proposals for the small business lending data take some steps in the right direction such as including a broad range of institutions from banks to non-bank financial technology companies that would be required to report data. However, some proposals would keep lending activity in the dark such as the proposal to not report Merchant Cash Advances, a form of credit that is higher cost and has been subject to abuses.
A Literature Review of Poverty, Race and Gender Among Older Adults
An individual’s well-being and long-term financial sustainability is derived from the ability to build and acquire assets, such as savings, homes, cars or businesses. Around 55% of Americans live in asset-poverty which means they lack sufficient wealth to sustain a livelihood above the poverty level for at least 3 months.
De facto or de jure housing inequities: The outcomes are the same
As the COVID-19 crisis unfolded in St. Louis, the maps of the infections looked very familiar to those of us who work to promote integrated and inclusive communities. Unsurprisingly, it was having a greater toll on the city’s majority-Black neighborhoods, where maps already showed elevated rates of asthma and lead poisoning.
