Assuming that all banks want to pass their CRA exams, switching to the NCRC’s grading system could increase community development lending from $159 billion to $187 billion, a difference of $28 billion the group said.

The bank launched the community benefits plan at the start of 2017, after developing it in cooperation with the National Community Reinvestment Coalition. The program includes loans and grants.

Parts of the Bay Area, particularly San Francisco and Oakland, have been subject to some of the highest rates of gentrification in the nation, according to a new study by the National Community Reinvestment Coalition.

Here’s my proposal: give $20,000 to every American with an enslaved ancestor, every year, for 20 years. We can afford it

Dedrick Asante-Muhammad is the chief of race, wealth, and community at the National Community Reinvestment Coalition and an associate fellow of the Institute for Policy Studies. He is a co-author of the report White Supremacy Is the Pre-existing Condition

According to a study conducted by the National Community Reinvestment Coalition using U.S. Census Bureau and economic data, many major American cities experienced some racialized displacement between 2000 and 2013.

According to the National Community Reinvestment Coalition, Boston is the third-most gentrified city in the United States.

On May 21, 2020, the National Community Reinvestment Coalition (“NCRC”), the California Reinvestment Coalition (“CRC”), and Democracy Now announced their intent to sue the OCC, stating that the agency was “unlawfully gutting” the CRA and pointing out that the agency had issued the final rule just five weeks after the public comment period had closed on the proposed rule. Citing the lack of a “fair and transparent” rulemaking process, the groups stated that they would see the OCC in court.

A 2017 study by the National Community Reinvestment Coalition found that banks were twice as likely to provide business loans to White applicants than Black ones and three times as likely to have follow-up meetings with white applicants than more qualified Black ones.

Neighborhoods in the South End, Jamaica Plain, and Dorchester have seen the largest declines in people of color, which the NCRC states is most likely a result of an “influx of young white professionals that parallels the gentrification and displacement of communities of color.”

The parent company of First Merchants Bank announced last month plans to five new branches or loan production offices in low- to moderate-income communities as part of a $1.4 billion community investment plan with the National Community Reinvestment Coalition.

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The data makes it “difficult to assess who is getting the loans,” said Jesse Van Tol, chief executive of the National Community Reinvestment Coalition, a nonprofit focused on ending discrimination in lending, housing and business. “The program design and data collection were so loose it allowed for potential gaming around who [banks] were serving.”

“There was a stark racial divide in these communities as well, with gentrifying neighborhoods overwhelmingly populated by people of color,” researchers said.

“Gentrification remains a significant threat to minority and low- and moderate-income families in some of the largest and most prosperous parts of the country,” researchers stated.

Providing financial backing could be a boost for Black-owned restaurants, especially because banks are twice as likely to offer a business loan to a white applicant than a Black applicant, according to a 2017 study from the National Community Reinvestment Coalition.