NCRC Applauds Passage of San Diego Responsible Banking Ordinance


Washington, DC — Today, the National Community Reinvestment Coalition (NCRC) applauded the passage of a local responsible banking ordinance in San Diego, California.

“Local governments across the nation are continuing to pass measures to induce banks to invest in our communities in a responsible way,” said NCRC President and CEO John Taylor. “This is a burgeoning movement at the local level that is empowering our communities, and we expect it will expand and continue. NCRC is proud to play a role in this effort.”

“We congratulate San Diego Council President Anthony Young, and NCRC members the California Reinvestment Coalition (CRC) and the Alliance of Californians for Community Empowerment (ACCE) for their work on getting this ordinance passed.”

“NCRC will continue to work with our members and the City of San Diego on implementation of the ordinance. We will encourage the city to conduct rigorous comparisons on the banks’ reinvestment performance so the city can make the best decisions about which banks receive city deposits.”

NCRC has been a leader in organizing local advocates to advance responsible banking ordinances. In July of 2012, NCRC and the Association for Neighborhood and Housing Development (ANHD) released a set of local responsible banking resources. NCRC also released an updated version of its model city ordinance, which was first made available in 2010.

In May of 2012, both New York City and Los Angeles passed responsible banking ordinances.

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.

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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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