Zillow: Housing Gains Could Increase Black Wealth More than Half a Trillion Dollars by 2031
A recent report from the National Community Reinvestment Coalition has called for a goal of 60% Black homeownership by 2040.
A recent report from the National Community Reinvestment Coalition has called for a goal of 60% Black homeownership by 2040.
Victoria Orozco at Drexel University’s Nowak Metro Finance Lab, Robert Nelson at the University of Richmond, Brent Never at the University of Missouri-Kansas City and the National Community Reinvestment Coalition’s Bruce Mitchell, Jason Richardson and Jad Edlebi offered feedback and advice at various stages of the analysis.
A 2020 study from the National Community Reinvestment Coalition found Indianapolis was No. 12 on a list of the most intensely gentrifying cities from 2013 to 2017. The study identified 20 census tracts in Marion County that had “gentrified” in that time.
The American Housing and Economic Mobility Act has been endorsed by the National Community Reinvestment Coalition.
Federal Reserve Board of Governors Chair Jerome Powell delivered a keynote address to attendees of the 2021 Just Economy Conference. After his speech, he sat down with our CEO, Jesse Van Tol, to answer a few questions about the Community Reinvestment Act, diversity and inclusion at the Federal Reserve and potential disruptions to the financial
According to the National Community Reinvestment Coalition, a grassroots organization advocating for the underbanked, the number of U.S. bank branches dropped from 85,993 to 81,586, a 5.1% decline, between 2017 and 2020. About one-fourth of those closures occurred in low-to-moderate-income (LMI) neighborhoods
ABA President and CEO Rob Nichols joined National Community Reinvestment Coalition CEO Jesse Van Tol in an op-ed earlier this year warning of the risks of allowing fintechs to obtain national bank charters while circumventing the full range of consumer protection and community reinvestment laws that apply to traditional banks.
The American Housing and Economic Mobility Act has been endorsed by the National Community Reinvestment Coalition.
Viewers get the opportunity to watch how the color grading system, known as redlining, developed by the Home Owners’ Loan Corporation to place value on property values in a given area, plays out in the lives of Black American families.
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Today, the Office of the Comptroller of the Currency (OCC) announced that the agency will halt further implementation of its 2020 Community Reinvestment Act (CRA) rule and will reconsider the rule in its entirety — a necessary first step to reversing the Trump-era changes to the critical anti-redlining law.
OCC Hits Pause On Disastrous 2020 CRA Rule Changes, Lawsuit Still Pending Read More »
Today, the Office of the Comptroller of the Currency (OCC) announced that they will halt the further implementation of the 2020 Community Reinvestment Act (CRA) rule and will reconsider the rule in its entirety — a necessary first step to reversing the Trump-era changes to the critical anti-redlining law.
OCC To Reconsider Disastrous 2020 CRA Rule Changes Read More »
NCRC would like to thank Subcommittee Chair Al Green and Chair Maxine Waters for their leadership on this issue and urges the passage of this important legislation without delay.
House Financial Services Committee moves to strengthen fair lending enforcement Read More »
The lack of equity in income and wealth shapes the way women of color can respond to social and financial crises, sometimes escalating minor financial setbacks into an array of economic hardships which make a recovery difficult. Women of color are, unfortunately, at the center of economic inequality and most in need of paid leave and wage increases.
COVID-19 Showed the Need for Paid Leave & Wage Increases for Working Women of Color Read More »
joint membership DISCOUNT Two Great Things that Go Great Together The National Community Reinvestment Coalition (NCRC) and Maryland Consumer Rights Coalition (MCRC) have just launched a new joint membership program. Join the movement to build economic rights and a just economy in Maryland and nationally. With this special membership you can receive a discounted rate
NCRC Joint Membership with MCRC Read More »
Cleveland Custom Homes and GROWTH by NCRC Commit to Twelve New Builds Cleveland Custom Homes (CCH), in partnership with The NCRC Housing Rehab Fund, LLC (NCRC HRF), marketed as GROWTH by NCRC, closed on twelve lots dedicated to new construction in Parma Heights, Ohio. Lincoln Village, located near Stumph and Snow Roads, is one of
The American Dream Series Arrives in Parma Heights Read More »