Low Unemployment and Labor Victories Unlikely to Bridge Racial Wealth Inequality
Was the October jobs report good, bad, or just plain complicated?
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Give A Warm Welcome To NCRC’s Newest Members
NCRC’s membership spans more than 700 local, state and regional nonprofits, educational and faith-based institutions and government entities across the nation. Welcome to our new organizational members in October: View a map of all our members. If your organization isn’t yet a member, check out the options here. And if your organization is ineligible, you
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Questions About The New CRA Rules? Join NCRC For A Conversation With Michael Barr, Martin Gruenberg And Michael Hsu
Federal Reserve Vice Chair for Supervision Michael Barr, FDIC Board Chairman Martin Gruenberg and Acting Comptroller of the Currency Michael Hsu will discuss the new Community Reinvestment Act (CRA) rules in a live conversation with National Community Reinvestment Coalition (NCRC) President and CEO Jesse Van Tol next Friday, November 3rd. Interested parties can register for
NCRC Statement On Final CRA Rules Release
In response to the release Tuesday of final interagency regulations overhauling implementation of the Community Reinvestment Act (CRA) for the first time in 28 years, National Community Reinvestment Coalition (NCRC) President and CEO Jesse Van Tol released the following statement: “This update is both long overdue and essential. Marginalized communities still suffer from a variety of
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The CFPB Wants To Put You Back In Charge Of Your Personal Financial Data
The CFPB thinks that your personal data should belong to you, not your bank.
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What California Is Doing To Address Its Housing Needs
California is in the midst of an affordable housing crisis, necessitating 1.2 million affordable homes. To combat this, they’ve adopted various policies, including density bonuses, zoning reform, and streamlined construction processes.
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The Racial Wealth Divide and The First Black Billionaires
Who were the first Black billionaires, and how did they make their money?
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NCRC, CRL And AFR Blast Senate Democrats For Betraying Small Business Owners With Vote To Rescind Section 1071
Sens. Manchin, Sinema, Tester, Hickenlooper and King voted against their constituents’ best interests on Wednesday.
New Federal Datasets Are An Important Step Forward In Understanding Appraisal Bias
Appraisal bias and other forms of racial discrimination can only be addressed when there is clear, consistent and thorough data to work from.
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Give A Warm Welcome To NCRC’s Newest Members
With more than 700 local, state and regional nonprofits, educational and faith-based institutions and government entities making up the National Community Reinvestment Coalitions (NCRC)’s membership, it can be hard for new members to feel instantly connected. Let’s fix that by giving them a warm NCRC welcome! New organizational members in September were: If your organization
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TransUnion Faces Big Fine As Regulators Heed NCRC Call For Fairness In Tenant Screening
The CFPB and FTC are fining TransUnion $20 million for tenants rights violations.
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Realtor: Is the Housing Market Overvalued? What Buyers Need To Know
Realtor, October 10, 2023, Is the Housing Market Overvalued? What Buyers Need To Know Homes in 98 of the 100 largest housing markets are selling above their long-term prices, which indicates that they are overvalued, according to an August analysis from Florida Atlantic University and Florida International University researchers. Only two markets had homes selling at a
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Axios: U.S. Economy Adds Staggering 336,000 Jobs In September
Axios, October 10, 2023, U.S. Economy Adds Staggering 336,000 Jobs In September The U.S. economy added a staggering 336,000 jobs in September, defying expectations of a slowdown, with the unemployment rate holding steady at 3.8%, according to new data the Labor Department released Friday. : The new data reverses what had been signs of a definitive cooling in the labor market.
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NPR: The Forest Service Is Trying To Build Affordable Housing To Keep Staff In Colorado
NPR, October 10, 2023, The Forest Service Is Trying To Build Affordable Housing To Keep Staff In Colorado The U.S. Forest Service is in charge of millions of acres in Colorado’s mountains, but their workers can hardly afford to live there. Now, the service is trying to build more affordable staff housing. The Forest Service
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AP News: Massachusetts Has A Huge Waitlist For State-Funded Housing. So Why Are 2,300 Units Vacant?
AP News, October 3, 2023, Massachusetts Has A Huge Waitlist For State-Funded Housing. So Why Are 2,300 Units Vacant? In Massachusetts, which has some of the country’s most expensive real estate, there are 184,000 people on a waitlist for the state’s 41,500 subsidized apartments. Yet a WBUR and ProPublica investigation found that nobody is living in nearly