Citizens just lost an invaluable protection from the ‘fine print’ that strips their right to go to court when cheated or taken advantage of by corporations.
NCRC condemns Senate’s anti-consumer vote on forced arbitration Read More »
WASHINGTON, DC – First Financial Corp., a regional bank headquartered in Cincinnati, Ohio, has committed $1.75 billion to a Community Development Plan negotiated with the National Community Reinvestment Coalition and a coalition of community organizations in Ohio, Indiana and Kentucky. The plan, beginning in 2018, includes mortgage and small business lending in low- and moderate-income
Baltimore Brew, October 23, 2017: One branch’s closure sparks a battle against “banking deserts” in Baltimore
Battle against banking deserts in Baltimore Read More »
Next year, if the mayor’s plans work out, some of the 300,000 residents of Stockton, Calif., will get $500 per month with no strings attached.
After bankruptcy, a California city aims for basic income Read More »
NCRC Comment on CRA Regulation and HMDA Definition (Download)
NCRC Comment on CRA Regulation and HMDA Definition Read More »
It is hard to imagine how U.S. banks would treat working class communities without the guarantees of the Community Reinvestment Act. But it’s also time to consider an overhaul.
NCRC Comment on Square Industrial Bank Charter Application (Download)
NCRC Comment on Square Industrial Bank Charter Application Read More »
Washington, DC – Today, in response to the release of the Consumer Financial Protection Bureau’s (CFPB) rule to protect consumers from abusive payday and car title loans, NCRC President and CEO John Taylor made the following statement. “We applaud the CFPB for taking this crucial step to protect consumers. This will help stop abusive practices that trap working class consumers
NCRC Statement on CFPB’s Rule on Abusive Payday and Car Title Lending Read More »
Washington, DC – Today, in reaction to the release of the 2016 Home Mortgage Disclosure Act (HMDA) data, the National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement. “Home ownership is the primary means by which America built the largest and wealthiest middle class in the world, a legacy that is
Letter from over 100 Groups and Advocates Calling on Members of Congress to Support Section 1071 of the Dodd-Frank Act, Small Business Data Collection and Disclosure (Download)
Letter from Small Businesses and Other Organizations to the CFPB in support of Section 1071 Small Business Lending Data Collection and Disclosure. (Download)
Letter to the CFPB in support of Section 1071 Small Business Lending Data Collection and Disclosure (Download)
Letter to FHFA on 2018-2020 Affordable Housing Goals for Fannie Mae and Freddie Mac. (Download)
Letter to FHFA on 2018-2020 Affordable Housing Goals for Fannie Mae and Freddie Mac. Read More »
The Oregon Reinvestment Summit, taking place October 2, 2017 in Portland, Oregon, will bring together rural and urban community-based organizations to address Oregon’s affordable housing crisis. The summit will include representatives from fair housing organizations, community development corporations, and policy organizations to explore how to best expand economic opportunities for all Oregonians. Portland Mayor Ted Wheeler will be a keynote speaker. In Portland
Every so often, an effort is made to collect articles by leading practitioners, community organizations, and academics about the effectiveness of the Community Reinvestment Act (CRA). With a new administration planning changes to banking policy, including a review of CRA, this publication is timely.
The Community Reinvestment Act at 40: A Careful Review of the Reviews Read More »
