Louisville Business First: Here are the Louisville Bank Branches that Closed in the Second Quarter
According to a report by the National Community Reinvestment Coalition, from 2017 to 2020, banks closed 4,407 branches.
Next City: How to Evaluate a Bank’s Community Reinvestment Act Evaluation
The National Community Reinvestment Coalition has long advocated for “more nuance” in CRA ratings — and you can see in the chart above how regulators have started nodding to the need for more nuance, given the five performance levels for the different areas examined within the evaluation.
Next City: How to Evaluate a Bank’s Community Reinvestment Act Evaluation Read More »
The Philadelphia Tribune: JPMorgan is Calling for Reforms to Stop Racial Bias in Housing
“The hill is very steep,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition, a group that promotes fairness in banking and housing. “I don’t think we’ve even begun to put a dent in that problem.”
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Indianapolis Recorder: Local nonprofit gets grant to do more home repairs for seniors, people with disabilities
A study from the National Community Reinvestment Coalition released in June 2020 showed Indianapolis ranked No. 12 on the list of most intensely gentrifying cities in the U.S. from 2013 to 2017.
Reuters: White House to target bank mergers, financial data with competition order
This has led to higher fees for consumers, reduced access to banking services for communities of color and low-income working families, and increased concerns about risk to the financial system, according to studies by the National Community Reinvestment Coalition.
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Afro: Baltimore equitable development company seeks to combat gentrification
In 2019, a National Community Reinvestment Coalition (NCRC) study found that seven cities accounted for almost half of the gentrification in the United States from 2000 to 2013, and Baltimore was included in this bracket. The city had the fifth largest number of gentrified areas.
Afro: Baltimore equitable development company seeks to combat gentrification Read More »
Politico: Biden’s new dilemma: How to slash housing costs for low-income borrowers
“They knew this moment was coming,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition, a housing advocacy group. “Why don’t we already have a nominee?”
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AdvisorNews: House Financial Services Committee Issues Report on LGBTQ Business Equal Credit Enforcement & Investment Act
One organization that was awarded was the National Community Reinvestment Coalition
Consumer and community groups urge Federal Reserve Board to ensure that financial institutions benefiting from the payments system serve the public interest
(Download) National Community Reinvestment Coalition (NCRC) National Consumer Law Center (NCLC) (on behalf of its low income clients) Center for Responsible Lending (CRL) Comment to Board of Governors of the Federal Reserve System on the Proposed Guidelines for Evaluating Account and Service Requests July 12, 2021 Submitted electronically to regs.comments@federalreserve.gov Ann E Misback Secretary Board of Governors of
NCRC comment on HUD’s AFFH interim final rule
(Download) Sasha Samberg-Champion Deputy General Counsel for Enforcement and Fair Housing Regulations Division, Office of General Counsel Department of Housing and Urban Development 451 7th Street SW, Room 10276 Washington, DC 20410-0500 July 12, 2021 Dear Mr. Samberg-Champion, Thank you for the opportunity to submit comments regarding the Department of Housing and Urban Development (HUD)’s interim
NCRC comment on HUD’s AFFH interim final rule Read More »
Christa Murillo
Project Specialist cmurillo@ncrc.org 202-768-8315 Christa Murillo is a project specialist at NCRC. She is bilingual in English and Spanish and a proud native of Kansas City, Missouri. Christa received her bachelor’s degree in modern languages and marketing from the University of Central Missouri. Prior to joining NCRC, Christa worked at the National Association of Hispanic
NCRC applauds Biden’s Executive Order Targeting Bank Mergers
President Biden’s directive today could help stem the tide of bank consolidations around the country. We have long urged the nation’s regulators to strengthen their anti-competitive review of these transactions.
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The Mental Health of Women Entrepreneurs: Challenges and Solutions
Adessa Barker, a well-being practitioner and the host of the popular podcast, Attitude Changes Everything, spoke about the mental health of women entrepreneurs.
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National Community Reinvestment Coalition, Equivico by NCRC, and the Stavros Niarchos Foundation (SNF) Announce Recipients of Inaugural Small Business Grant Program
The program awarded $1.3 million to 65 small businesses through grants of up to $20,000 each that do not need to be repaid to fund projects that will help businesses across the U.S. pivot, drive innovation, and grow in a challenging economic landscape.
Health Practitioners and Advocates Provide CRA Comments on Fed’s ANPR
Wealth equity is intrinsically tied to health equity. Hospitals and health systems are stepping into the community development arena more frequently as there are many opportunities for them to partner with banks and other financial institutions to reduce economic disparities that could reduce health disparities.
Health Practitioners and Advocates Provide CRA Comments on Fed’s ANPR Read More »