Jesse Van Tol named to Federal Reserve Community Advisory Council

Photo Jesse Van TolWASHINGTON, D.C. – Jesse Van Tol, CEO of the National Community Reinvestment Coalition, has been appointed to the Federal Reserve Board’s Community Advisory Council.

The council was formed in 2015 to offer diverse perspectives on the financial needs of communities with a focus on lower-income populations. It includes experts in affordable housing, economic development, small business, workforce development, consumer protections and wealth-building organizations. The council meets twice a year to inform federal policy decisions. 

Council members serve three year terms. NCRC board member Bethany Sanchez has been a member of the council since 2017.

Van Tol has been with NCRC since 2006 and has held a variety of leadership positions. In the past three years he led negotiations with banks and community groups that produced more than $88 billion in lending and investments in lower-income communities.

The first meeting of the CAC will be held on May 24, 2019.

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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

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