NCRC hires new chief; expands into capital markets

The National Community Reinvestment Coalition (NCRC) has added a senior executive to its leadership team.

Eleni Delimpaltadaki Janis was recently named Chief Capital Markets Officer and Managing Director.Eleni Delimpaltadaki Janis

Delimpaltadaki Janis, based in New York, will lead NCRC’s work to build an effective collaboration between the organization, capital markets entities and investors with the goal to increase delivery of capital to underserved businesses and communities. She was most recently vice president of Partnerships and Business Development at the New York City Economic Development Corporation, where she co-founded the city’s public-private partnerships and corporate attraction team, and earlier, built a portfolio of impact investing, social enterprise and talent development programs. She played an instrumental role in New York City’s bid for the Amazon HQ2 project.  

“Eleni is an experienced executive and determined social justice advocate, who brings to NCRC a long record of innovation and entrepreneurship in social impact organizations, government and business. Her most recent tenure in New York City government playing a leading role in major investments and workforce development programs in one of the world’s largest tech entrepreneurship ecosystems will be key to success of Capital Markets,” said John Taylor, President and Founder of NCRC.

“It is an honor to join John Taylor and the NCRC team, and lead the new Capital Markets division. NCRC’s long-held presence in communities across the country and deep understanding of the financial system uniquely position it to offer a responsible and scalable solution that increases access to capital for underbanked businesses and communities. In joining our respective capacity and vision, I am confident that we will bring together capital markets, technology and political will to catalyze economic growth and equity,” Delimpaltadaki Janis said.

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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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