There are still many aftereffects from history. For example, even though redlining was banned in 1968, a 2018 study by the National Community Reinvestment Coalition found practices decades ago still had economic and racial segregation implications for many cities today.
KSL: What is Juneteenth and why does it matter in Utah today? Read More »
“I don’t think the true pain of this has been discovered yet,” said Dedrick Asante-Muhammad, who serves as chief of race, wealth and community for the National Community Reinvestment Coalition in Washington, D.C.
A new study from the National Community Reinvestment Coalition finds that D.C. ranked 13th on the list of “most intensely gentrified” cities across the country from 2013 to 2017, trailing behind San Francisco, Denver, Boston, Miami, New Orleans, and other cities.
A 2019 study from the National Community Reinvestment Coalition found that from 2000 to 2013, at least 135,000 Black and Hispanic residents were affected by gentrification negatively, including displacement, in big cities and small communities across the country.
Mashable: How to find and support Black-owned businesses — and why it’s important Read More »
Black-owned businesses get turned down for loans at a rate more than twice as high as White-owned businesses, according to data from the Federal Reserve. Even with similar credit scores and pedigrees, the National Community Reinvestment Coalition found that Black borrowers were 8% less likely to receive loan approval.
Mercury News: Oakland to get $1 million to help Black, Latinx and women-owned businesses Read More »
Today, the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC), represented by Democracy Forward and Farella Braun + Martel, filed suit against the Office of the Comptroller of the Currency (OCC) for unlawfully eviscerating the vital anti-redlining rules put in place under the Community Reinvestment Act (CRA).
LGBTQ+ individuals face an accumulating amount of health inequities when age, race and ethnicity are held constant. As social determinants of health, issues like financial security and fair housing play a large role in the fight for health equity.
The Queer inequities in LGBTQ+ health Read More »
[download id=”76746″ template=”FHA FHFA Forbearance Letter”] The Honorable Ben Carson Secretary U.S. Department of Housing and Urban Development 451 7th Street, SW Washington, D.C. 20210 The Honorable Mark Calabria Director Federal Housing Finance Agency 400 7th Street, SW Washington, D.C. 20219 Dear Secretary Carson and Director Calabria: We are writing to express our deep concern
FHA and FHFA Forbearance Letter Read More »
Sign On Letter in Support of H.J. Res. 90 to Overturn the CRA Rule U.S. House of Representatives U.S. Capitol Washington, DC 20515 Dear Representative: On behalf of the undersigned organizations, we are writing to urge you to cosponsor and support H.J.Res. 90, a disapproval resolution that would overturn a poorly constructed rule change on
Sign On Letter in Support of H.J. Res. 90 to Overturn the CRA Rule Read More »
A price-based alternative, combined with existing statutory provisions and the additional regulatory safeguards outlined in the CFPB’s proposed rule, has the potential to improve access for LMI and minority borrowers, but it is critical to consider this proposal within the context of other federal policy changes affecting the nation’s housing finance system and the broader impacts of COVID-19 on LMI households and credit standards throughout the mortgage market.
The CFPB’s Revisions to the Qualified Mortgage Rules (the “GSE Patch”) Read More »
The poorly conceived addition of infrastructure as eligible community development will at best be under-utilized and at worst a giant sucking sound draining resources from LMI neighborhoods and even threatening some of them with physical destruction.
The National Community Reinvestment Coalition (NCRC) has added a new General Counsel.
NCRC Hires Brad Blower as New General Counsel Read More »
Introduction The National Community Reinvestment Coalition has analyzed new data available to researchers for the first time to determine borrower patterns among same-sex couples, in comparison to different-sex couples. Our research question was, will same-sex couples pay higher closing costs and more interest on mortgage loans than different-sex couples? From our analysis of 2018 Home
Same-Sex Couples and Mortgage Lending Read More »
In the middle of a worldwide pandemic and national crisis, the Office of the Comptroller of the Currency (OCC) has taken steps that could undermine the ability of states to protect their residents from the perils of high-cost loans.
OCC cracks open a debt trapdoor Read More »
