Community Organizations Hold Delaware Reinvestment Summit in Wilmington

Wilmington, DE – On Tuesday, June 16, the National Community Reinvestment Coalition (NCRC) and other community groups hosted a statewide summit in Wilmington on community reinvestment in Delaware. Community-based organizations, financial institutions, and public officials from across the state gathered at the Delaware Reinvestment Summit to address some of Delaware’s biggest economic challenges.

The Delaware Reinvestment Summit included workshops on economic revitalization, the Community Reinvestment Act, workforce development, violence prevention, financial opportunity for Delaware’s Latino community, economic security for older adults, and affordable housing. The Summit also featured keynote addresses by Governor Jack Markell and State Attorney General Matthew Denn.

“Healthy communities are highly dependent on a financial services sector that not only believes in the future of communities, but invests in the future of communities,” said NCRC President and CEO John Taylor. “This is what the Delaware Reinvestment Summit is all about.”

NCRC also launched its GROWTH Initiative at the Summit. The GROWTH Initiative purchases, renovates, and sells abandoned or foreclosed-upon homes in low- and moderate-income communities. GROWTH combines neighborhood rehabilitation with financial counseling and job training, creating sustainable homeownership and wealth-building opportunities for local families. For more information about GROWTH, visit here.

For more information, including workshop descriptions, please visit here.

The Summit was presented in partnership with AARP Delaware, Central Baptist Community Development Corporation, Delaware Aging Network, Delaware Community Reinvestment Action Council (DCRAC), Delaware Hispanic Commission, Delaware Housing Coalition, and Habitat for Humanity of New Castle County.

About the National Community Reinvestment Coalition (NCRC):

The National Community Reinvestment Coalition is an association of more than 600 community-based organizations that promote access to basic banking services, including credit and savings, to create and sustain affordable housing, job development and vibrant communities for America’s working families.

Print Friendly, PDF & Email

Redlining and Neighborhood Health

Before the pandemic devastated minority communities, banks and government officials starved them of capital.

Lower-income and minority neighborhoods that were intentionally cut off from lending and investment decades ago today suffer not only from reduced wealth and greater poverty, but from lower life expectancy and higher prevalence of chronic diseases that are risk factors for poor outcomes from COVID-19, a new study shows.

The new study, from the National Community Reinvestment Coalition (NCRC) with researchers from the University of Wisconsin–Milwaukee Joseph J. Zilber School of Public Health and the University of Richmond’s Digital Scholarship Lab, compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.

Table of Content

  • Executive Summary
  • Introduction
  • Redlining, the HOLC Maps and Segregation
  • Segregation, Public Health and COVID-19
  • Methods
  • Results
  • Discussion
  • Conclusion and Policy Recommendations
  • Citations
  • Appendix

Complete the form to download the full report: