American Banker: Congressional scrutiny of PPP grows amid national focus on racism

“It is really time to evaluate the infrastructure of American finance, and identify why, not just lending, but sustainable, affordable lending is so hard for all lower- and moderate-income people, as well as very small businesses to come by,” Petrou said. “The United States financial system has become incredibly unequal in many ways.”

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Study: Before COVID-19, a small number of booming cities struggled with gentrification. The rest simply struggled.

San Francisco was the most intensely gentrified city in America from 2013 to 2017, a new study found. But the emergence of COVID-19 exposed deep economic and social fault lines nationwide. While a small number of cities were booming, most were not.

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Study: Before COVID-19 and the protests, most of the nation was struggling, not booming

COVID-19 exposed deep economic and social fault lines nationwide. It also underscored what was already going on before it: While a small number of cities were booming, most were not. In a new report on gentrification and disinvestment, covering data from 2012 through 2017, the National Community Reinvestment Coalition (NCRC) found that gentrification of once

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San Francisco most intensely gentrified city in new rankings

San Francisco was the most intensely gentrified city in America from 2013 to 2017, a new study found. It was followed by Denver, Boston, Miami and New Orleans. They had the largest share of their vulnerable neighborhoods that gentrified during that time period. The study, from the National Community Reinvestment Coalition, is a follow-up to

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Gentrification and Disinvestment 2020

Gentrification and Disinvestment 2020   COVID-19 struck a nation that was already mostly struggling. Do Opportunity Zones benefit or gentrify low-income neighborhoods?   Jason Richardson, Director, Research & Evaluation, NCRCBruce Mitchell, Ph.D., Senior Research Analyst, NCRCJad Edlebi, GIS Specialist, NCRC June 2020 EXECUTIVE SUMMARY COVID-19 exposed deep economic and social fault lines nationwide, with profound implications for

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Chicago Agent Magazine: Rethinking gentrification: How to become an agent of positive change in your community

The National Community Reinvestment Coalition has been pivotal in providing the investment capital and knowledge to help Greenlining replace blighted buildings and spur homeownership and community development.

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New York Times: Mortgage Lenders Consider Plan to Suspend Payments Amid Crisis

Groups including the National Community Reinvestment Coalition, which promotes fairness in lending and housing, were scheduled to meet with representatives from the country’s largest mortgage lenders on Thursday, according to the coalition’s chief executive officer, Jesse Van Tol.

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Value Walk: Activists demand revamp of anti-redlining law

The letter from leading California-based and California-serving community organizations and leaders, joins similar calls for a freeze on CRA rulemaking by the National Community Reinvestment Coalition, National Community Economic Development Association, the President’s Council on Impact Investing, and industry groups, including the Independent Community Bankers of America (ICBA).

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Nonprofit Quarterly: Will Federal Regulators Gut Community Development under Cover of COVID?

The National Community Reinvestment Coalition (NCRC), a national coalition of local community-based advocates, emphasizes that, “This grave pandemic demands a comprehensive and all-encompassing response. The health and wellbeing of our fellow citizens and residents are at stake.”

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National Mortgage News: Regulators ‘full steam ahead’ on CRA reform despite coronavirus pandemic

“Every community group across the country has been affected in terms of their ability to comment on rulemaking,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition. “There are organizations out there that don’t have laptops — they use desktop computers that are pre-webcam, even pre-word processing.”

To press forward during a global pandemic is “beyond tone deaf,” Van Tol said.

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