fbpx

The Washington Post: Northern Virginia property owners are delighted Amazon HQ2 will be moving in. Renters, first time buyers, and low-income residents aren’t

More than half of the households in those areas rent rather than own, putting them at high risk of eventually being priced out, said Jesse Van Tol, chief executive of the National Community Reinvestment Coalition.

The Washington Post: Northern Virginia property owners are delighted Amazon HQ2 will be moving in. Renters, first time buyers, and low-income residents aren’t Read More »

Inside Philanthropy: What a big bank is doing to boost economic opportunity in a single city

“We’re eager to work with the regulatory agencies, Congress, banks and the entire financial sector to modernize [CRA],” Van Tol writes. But simply stripping away geographic lending requirements could signal a return to redlining, he argues. 

Inside Philanthropy: What a big bank is doing to boost economic opportunity in a single city Read More »

NCRC comments regarding Advance Notice of Proposed Rulemaking (Docket ID OCC–2018-0008) reforming the Community Reinvestment Act regulatory framework

November 8, 2018 Reforming the Community Reinvestment Act Regulatory Framework Docket ID OCC-2018-0008 To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) maintains that the Community Reinvestment Act (CRA or Act) has been one of the most valuable laws for increasing access to capital and credit for low- and moderate-income (LMI) communities. NCRC

NCRC comments regarding Advance Notice of Proposed Rulemaking (Docket ID OCC–2018-0008) reforming the Community Reinvestment Act regulatory framework Read More »

Credit Union Journal: Should industry fear Waters-led banking panel?

“The agenda is much about the bully pulpit and drawing attention to the deregulatory agenda that has been pursued over the last year,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition. “I do think that there’s a heightened awareness of what’s happening in low and moderate income communities and communities of color.”

Credit Union Journal: Should industry fear Waters-led banking panel? Read More »

Scroll to Top