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NCRC, Morgan Stanley announce $15 billion plan to increase lending and investments in lower-income communities

Today, the National Community Reinvestment Coalition (NCRC) and Morgan Stanley (NYSE: MS) announced a $15 billion, four-year community benefits plan that will increase the financial services company’s lending and investments in lower-income communities.

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Marisa Calderon

Chief of Community Finance and Mobility mcalderon@ncrc.org 202-464-2707 Marisa Calderon is an experienced executive who is regularly recognized, awarded and cited nationwide for her expertise in the housing and financial services industries. She has over two decades of experience dedicated to the issues of economic mobility and bridging America’s racial wealth gap. Marisa Calderon is

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Environmental Justice and COVID-19: Some are Living in a Syndemic

Like most American cities, Memphis has a long history of racist housing and environmental policies. As this report from NCRC and its university partners shows, this history has real world impacts today, resulting in worse health outcomes for Black neighborhoods, shorter lifespans, poorer overall health and greater risk of several complications due to COVID-19. 

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Heidi Sheppard

Project Director, DC Women’s Business Center hsheppard@dcwbc.org  202-524-4874 Heidi Sheppard has extensive experience working to support economic development efforts ranging from entrepreneurial assistance to manufacturing communities to technology transfer.  She served on the Partnership Team at the National Institute of Standards and Technology’s Manufacturing Extension Partnership (MEP) developing strategic partnerships with other federal agencies to

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The Washington Post: Black men in D.C. are expected to die 17 years earlier than White men. Here’s why.

Roberts and his two co-authors analyzed mortality data from 1999 to 2017. They found that, on average, Black men died 17 years earlier than their White counterparts in 2016. Heart disease, homicide, cancer and unintentional injuries such as accidental drug poisoning contributed most to the gap. Homicide contributed most to the gap from ages 15 to 39, while heart disease and cancer contributed most from ages 45 to 74.

The Washington Post: Black men in D.C. are expected to die 17 years earlier than White men. Here’s why. Read More »

Business Wire: Broadway Financial Corporation and CFBanc Corporation to Combine to Create the Largest Black-Led Minority Depository Institution in the U.S.

The merger is expected to close in the first quarter of 2021, subject to satisfaction of customary closing conditions, including receipt of necessary regulatory approvals and approval by the shareholders of each company.

Business Wire: Broadway Financial Corporation and CFBanc Corporation to Combine to Create the Largest Black-Led Minority Depository Institution in the U.S. Read More »

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