Between 2000 and 2013, Washington, D.C., experienced the greatest “intensity of gentrification” of any U.S. city, according to a study released Tuesday by the nonprofit National Community Reinvestment Coalition (NCRC)
A new interactive map shows areas near Prospect Park’s southern have seen significant gentrification while a swath of East Flatbush is primed for the economic shift to occur, according to National Community Reinvestment Coalition, a Washington, D.C. nonprofit.
Patch: Gentrification hits Prospect Park South, new data show Read More »
The National community Reinvestment Coalition released a report about the gentrification in America and it predicts that Brownsville, a residential neighborhood in Brooklyn, NY, is next to experience a wave of gentrification.
BK Reader: Brownsville could be next to face gentrification Read More »
Keybank has awarded Anchorage Community Land Trust with a $75,000 grant as part of a $16-billion community benefits agreement with the National Community Reinvestment Coalition.
Anchorage Press: PROGRESS: Setting up shot Read More »
Chicago, Washington D.C., New York City and Philadelphia are among seven cities that account for nearly half the gentrification in the United States, according to a study released this week by the National Community Reinvestment Coalition. Baltimore, Los Angeles and San Diego round out the top seven. In contrast, researchers found that medium and small cities were unlikely to be touched by gentrification.
Route Fifty: Gentrification is most concentrated in large cities Read More »
What is certain is that banks are not yet speaking with a common voice on CRA modernization, and doing so is an understandably difficult task given the growing number of business models that define modern banking.
Banking Exchange: Banks looking for common ground on CRA modernization Read More »
Jose Antonio Vargas is a Pulitzer Prize-winning journalist, Emmy-nominated filmmaker, and a leading voice for the human rights of immigrants. He is the founder of Define American, the nation’s leading non-profit media and culture organization that fights injustice and anti-immigrant hate through the power of storytelling. His memoir, Dear America: Notes of an Undocumented Citizen,
Jose Antonio Vargas addresses the 2019 Just Economy Conference Read More »
Fannie Mae and Freddie Mac has a reputation of fending off attempted government reform, which is raising concerns about the amount of power they encapsulate and what they can do — avoid — with such power.
American Banker: Fannie Mae and Freddie Mac are way too big Read More »
As Amazon prepares to build their headquarters in Virginia, Latino residents are preparing to fight possible displacement.
The Washington Post: Wary of Amazon, Latino neighborhood vows not to be pushed out Read More »
Join us Wednesday, March 27, at 2:00 pm (EST) on Facebook for a live discussion on our new report, “Shifting neighborhoods: Gentrification and cultural displacement in American cities.”
NCRC to hold Facebook Live discussion on new gentrification report Read More »
In California, housing prices are causing people to move further away from their jobs which forces them to drive to work. The increase in commuting time and traffic hold-ups are negatively impacting the environment at alarming rates.
The New York Times: Why housing policy is climate policy Read More »
Progressive freshmen like Reps. Alexandria Ocasio-Cortez (D-N.Y.) and Ayanna Pressley (D-Mass.) are joining with veteran lawmakers to try to shame the lenders into taking a stand on some of the country’s most divisive issues: climate change, gun violence and immigration.
Politico: Ocasio-Cortez, other Democrats squeeze big banks on guns, immigration, climate Read More »
The United States dropped from being the 18th happiest nation in 2018 — out of the 153 reported — to being the 19th this year, the lowest it has ever been.
Fortune: The U.S. is the unhappiest it’s ever been Read More »
The U.S. Supreme Court, narrowly divided along ideological lines, ruled Tuesday that the government may detain — without a hearing — legal immigrants long after they have served the sentences for crimes they committed.
NPR: Supreme court broadens the government’s power to detain criminal immigrants Read More »
Data on community development lending and investing is lacking on a census tract level, making the information incomplete and difficult to assess. However, this is not the case for home mortgage lending data and small business loan data. If the federal regulatory agencies truly want to reform CRA, the first place to start is with better data. It would be a win-win for both banks and community organizations by facilitating identification of underserved areas. It would also further CRA’s objectives of directing access to credit and capital where it is needed most.
Increasing community development financing data a necessary component for CRA reform Read More »
