A study published by the National Community Reinvestment Coalition would reveal that Baltimore was among the top seven cities in the United States when it came to gentrification. The study utilized data accrued between 2000 and 2013 of more than 935 metro areas within the country, dissecting the leading causes and effects of gentrification along the way.

“Since large banks have chosen not to make VA loans, veterans have only a small number of lenders from which to choose,” said Jason Richardson, director of Research and Evaluation at the National Community Reinvestment Coalition, a nonprofit that tracks lending practices in traditionally underserved communities.

Marisa Calderon has dedicated her career to being a champion for increasing affordable homeownership and bridging the nation’s racial wealth gap in the Black and Latino communities. In September 2020, Calderon took on her new roles at the National Community Reinvestment Coalition. As the first Latina executive to head the NCRC Community Development Fund, Calderon works to provide loan capital that expands access to affordable homeownership and helps Black-, Brown-, and woman-owned businesses thrive.

National Community Reinvestment Coalition Executive Director, CDFI and Chief of Community Finance & Mobility, Marisa Calderon, was featured on the HousingWire’s 2021 Women of Influence list

“Instead of creating more consistency and transparency in CRA exams, the OCC’s final rule will decrease retail lending, investing, and bank services in underserved communities,” said the National Community Reinvestment Coalition (NCRC) after an initial analysis of the proposal.

And in another endorsement, the nonprofit National Community Reinvestment Coalition lauded Landis’ offering as a way to close a stubborn racial gap in homeownership and wealth.

And the National Community Reinvestment Coalition found last year that banks gave Black women less information about loans than White and Hispanic women.

“We see echoes regarding the very early times of the subprime mortgage growth” within the increase of online small-business financing, Gerron Levi, manager of policy during the microlender National Community Reinvestment Coalition, stated in a hearing by way of a U.S. home subcommittee in July. Later on this present year, lawmakers in Illinois may tackle these issues once they think about the nation’s strictest rules on merchant payday loans along with other online financing. For the present time, nevertheless, it is customer beware. Here’s what business people have to know before you take a vendor cash loan:

“Banking data allows lenders to understand in granular detail what a person’s cash flow is, how much money they have coming in every month, how much they are spending, and how much they have leftover at the end of the month,” said Jesse Van Tol, CEO of National Community Reinvestment Coalition.

“African Americans are much less likely to come from families, communities that have strong homeownership,” said Dedrick Asante-Muhammad, chief of membership, policy and equity at the National Community Reinvestment Coalition. “They’re going to get a lot less assistance through generational wealth.”

“The deeply flawed OCC proposal, hard fought by community advocates, has been deservedly put to its grave,” said Jesse Van Tol, the chief executive of the National Community Reinvestment Coalition, a fair-lending advocacy group.