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Devin Mack Hired As NCRC’s Director Of Fair And Equitable Opportunity

Meet Devin Mack, NCRC’s new Director of Fair and Equitable Opportunity. He leads a team that conducts enforcement and investigative efforts to address historical patterns of discrimination, including fair housing and fair lending law violations. Devin is an experienced attorney advocate and financial services professional who is passionate about safeguarding the rights of consumers and

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Simon “Mac” McNeil, Hired As Executive Director of NCRC Community Development Fund

Meet Simon “Mac” McNeil, the new Executive Director of the NCRC Community Development Fund (NCRC CDF). NCRC CDF is a US Treasury-certified Community Development Financial Institution. Mac will be NCRC CDF’s entrepreneurial leader, primary fundraiser and executive manager. He was named as one of the 10 Most Influential Black Corporate Leaders to Watch in 2023

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NCRC comment on FDIC proposed statement of policy

(Download) June 18, 2024 RE: Statement of Policy (SOP) on Bank Merger Transactions, RIN 3064–ZA31 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on proposed changes to the FDIC’s statement of policy on bank merger transactions. Bank mergers profoundly impact banks’ capacities to serve the convenience and

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The Washington Post: Biden Says Racial Wealth Gap Is Closing. The Reality Is Complicated.

The Washington Post,June 6, 2024, Biden Says Racial Wealth Gap Is Closing. The Reality Is Complicated. Jesse Van Tol, president and chief executive of the National Community Reinvestment Coalition, said Biden deserves credit for pressing banks to expand special purpose credit programs, which are meant to reduce racial disparities in lending. But he added that there

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MarketWatch: The No. 1 Issue For Young Americans This Election? Not Student Loans, Abortion Or Guns — It’s Housing.

MarketWatch, June 5, 2024, The No. 1 Issue For Young Americans This Election? Not Student Loans, Abortion Or Guns — It’s Housing. Younger people in the U.S. are so frustrated by the real-estate market that housing affordability has become the top issue influencing their vote in this November’s election, according to a new survey. Record-high

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Bloomberg: Richest New Jersey Neighborhood Dealt Blow In Cheap-Housing Spat

Bloomberg, June 5, 2024, Richest New Jersey Neighborhood Dealt Blow In Cheap-Housing Spat The wealthy township of Millburn, New Jersey, has lost a key battle in its fight to stop 75 affordable apartments from being built on the town dump. Home to Short Hills, the state’s richest ZIP code, Millburn had bet on convincing a court

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Axios: Utah Sees Wide Homeownership Gap Between White And Black Households

Axios, June 3, 2024, Utah Sees Wide Homeownership Gap Between White And Black Households Utah’s homeownership rate is higher than the rest of the nation. Yes, but: About 74% of white non-Hispanics own and occupy their homes, compared to 27% of Black households and about 54% of Latino households, per a University of Utah Kem C.

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The Baltimore Banner: A Worker-Owned Co-Op Is Giving Baltimore’s Vacant Homes — And People — A Second Chance

The Baltimore Banner, June 4, 2024, The Baltimore Banner: A Worker-Owned Co-Op Is Giving Baltimore’s Vacant Homes — And People — A Second Chance There’s no one-size-fits-all solution for when a city contains more than 13,000 vacant homes and some 20,000 empty lots. Instead, Baltimore’s vast vacant housing landscape has ushered in waves of new

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The Black Chronicle: National Report Reveals Impact Of Redlining On Home Ownership

The Black Chronicle, May 30, 2024, National Report Reveals Impact Of Redlining On Home Ownership A new report from the National Community Reinvestment Coalition reveals that race-based exclusion from home ownership persists despite the Fair Housing Act, which outlawed discriminatory lending practices 55 years ago. Analyzing 40 years of home Mortgage Disclosure Act data, the study shows

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The New York Times: How An American Dream Of Housing Became A Reality In Sweden

The New York Times, June 8, 2024, How An American Dream Of Housing Became A Reality In Sweden As an architect, Ivan Rupnik thinks the solution to America’s affordable housing shortage is obvious: Build more houses. Start today. But the way homes are built in the United States makes speed impossible. Years ago, Rupnik’s Croatian

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The American Prospect: Homeowners Want Housing Prices To Go Up

The American Prospect, June 7, 2024, Homeowners Want Housing Prices To Go Up Public anxiety about the cost of living is as much about high housing prices as anything else. The difficulty in finding an affordable place to live has spurred a host of policy pitches across the political spectrum. The activist groups Right to

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Washington Informer: DC Agencies Among Top Beneficiaries As HUD Announces $40 Million Boost For Housing Counseling Nationwide

Washington Informer, May 16, 2024, D.C. Agencies Among Top Beneficiaries As HUD Announces $40 Million Boost For Housing Counseling Nationwide Seven D.C. agencies are set to receive a substantial boost in funding totaling nearly $7 million, aimed at expanding housing counseling services for underserved communities.  Among the beneficiaries are Housing Counseling Services, Lydia’s House in

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