“We’re in the midst of an affordable housing crisis in this country,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition, an anti-poverty group. “It’s disappointing that they would propose such a budget that scales back so many supports for federal housing.”
The Hill: Housing advocates decry Trump budget cuts Read More »
Americans expect better from the banks where they deposit their money and they deserve better from a government that’s supposed to look out for the interests of everyone.
According to a March 2019 study by the National Community Reinvestment Coalition (NCRC), more than 135,000 Black and Hispanics around the nation were displaced between 2000 and 2012.
While redlining was banned with the Fair Housing Act of 1968, the National Community Reinvestment Coalition found in a 2018 study that, “Most of the neighborhoods (74%) that the HOLC graded as high-risk or “hazardous” eight decades ago are low-to-moderate income today. Additionally, most of the HOLC graded “hazardous” areas (nearly 64%) are minority neighborhoods now.”
11 Alive: What is redlining, and how did it happen in Atlanta? Read More »
The Consumer Financial Protection Bureau (CFPB) filed a settlement agreement with the U.S. District Court for the Northern District of California that outlines court-ordered deadlines for implementation of Section 1071 of the Dodd-Frank Act.
NCRC applauds Court-Ordered Implementation for Section 1071 of the Dodd-Frank Act Read More »
The Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) have proposed changes that would dramatically alter the Community Reinvestment Act (CRA) examination of banks. Their proposal would create a metric, called the CRA evaluation measure, that would be the dominant measure for determining a bank’s rating. As long as a
Jacksonville Metro Area NCRC Members can request custom reports like this one. Email Jason Richardson jrichardson@ncrc.org for more information.
Jacksonville Metro Area Read More »
Lehigh & Northampton Counties NCRC Members can request custom reports like this one. Email Jason Richardson jrichardson@ncrc.org for more information.
Lehigh and Northampton Counties Read More »
Mahoning & Trumbull Counties NCRC Members can request custom reports like this one. Email Jason Richardson jrichardson@ncrc.org for more information.
Mahoning and Trumbull Counties Read More »
Download Infographic Defining African American Though a term that has personal meanings and different connotations for many, “African American” is defined by the U.S. Census as “a person having origins in any of the Black racial groups of Africa,” and used synonymously with the simple term “Black.” These African roots can be found in an array
Racial Wealth Snapshot: African Americans and the Racial Wealth Divide Read More »
Accessible and affordable housing is a prevalent issue in major cities. In 2016, Philadelphia was found to have the highest disability rate among the ten largest cities in the U.S. with 16% of Philadelphians identified as having a disability.
“Although the OCC and FDIC did not extend the comment period the additional 60 days that NCRC, our members and members of Congress called for several weeks ago, the agencies still made a prudent choice with a 30-day extension,” said Jesse Van Tol, NCRC CEO.
OCC, FDIC Makes Prudent Choice With Extension of CRA Comment Period Read More »
The spread of oil from the Deepwater Horizon disaster in the Gulf of Mexico was far worse than previously believed, new research has found.
Rising economic inequality in the United States has become a central issue in the race for the Democratic presidential nomination, and discussions about policy interventions that might help address it are likely to remain at the forefront in the 2020 general election.
Pew Research Center: 6 facts about economic inequality in the U.S. Read More »
Simply put, the legislation would significantly increase the number of affordable rental apartments by preventing a housing-related revenue source from expiring.
The Washington Post: A timely, simple idea to boost affordable housing Read More »
