Reinvestment Works | Summer/Fall 2015
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NCRC DC Women’s Business Center to Host Women-Owned Business Holiday Bazaar
Washington – The National Community Reinvestment Coalition’s Washington, DC Women’s Business Center (DC WBC) will hold its Second Annual “Shop, Sip and Celebrate” Holiday Bazaar this year on Small Business Saturday, November 28, 2015. The DC WBC Holiday Bazaar is a pop-up marketplace to showcase local women-owned small businesses, many of which are DC WBC
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NCRC Report Shows Stark Racial Lending Disparities in Baltimore
Washington – Today, the National Community Reinvestment Coalition (NCRC) released an analysis of home purchase and small business lending in Baltimore, Maryland, and the surrounding areas. The analysis reveals deep racial disparities in mortgage lending. NCRC President and CEO John Taylor made the following statement: “While many Americans take the ability to obtain a mortgage for
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Home Mortgage and Small Business Lending in Baltimore and Surrounding Areas
Home Mortgage and Small Business Lending in Baltimore and Surrounding Areas (Download PDF) This report, Home Mortgage and Small Business Lending in Baltimore and Surrounding Areas, details lenders’ abandonment of neighborhoods in Baltimore based upon the race of members of those neighborhoods and the preferences of lenders for white borrowers and majority white neighborhoods. Using
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Call Congress: Support Funding for Critical Housing Programs and Oppose Financial Policy Riders
To contact your legislator, call the Congressional switchboard at 877-210-5351. Summary: At the end of October, President Obama and Congressional leaders reached a bipartisan budget agreement to lift the severe “sequestration” spending caps first enacted as part of the Budget Control Act of 2011. With an overall budget in place, Congress is now facing a December 11 deadline to pass a year-end
NCRC Releases Paper Calling For Protection of Duties to Serve, Recapitalization and Reform of Fannie and Freddie
Washington – Today, the National Community Reinvestment Coalition (NCRC) released a white paper making a case for the recapitalization of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and continuing the reforms of the GSEs started with the passage of the Housing and Economic Recovery Act of 2008 (HERA). The white paper, “Protecting Duties to Serve and Responsible Next Steps for
Protecting Duties to Serve and Responsible Next Steps for Reforming the Secondary Mortgage Market
Protecting Duties to Serve and Responsible Next Steps for Reforming the Secondary Mortgage Market (PDF Download)
Small Business Teaming Center
The Small Business Teaming Center (SBTC) supports the abilities of small businesses to pursue and win government contracts by creating a team of businesses that can work together to fulfill the requirements. Our services include: Opportunity Identification and Vetting, Facilitation of Teaming Agreements, and Capture Management. Contract OpportunitiesSBTC assists its clients to identify and develop
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NCRC, NAACP, LULAC Call on Obama Administration to Recapitalize, Continue Reforms of Fannie and Freddie
Washington, DC – Today, several national groups sent a letter to President Obama urging the Administration to rethink its position on the recapitalization of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and calling for their continued reform. The letter is in response to comments last week from Jacob Lew, Secretary of the U.S. Department
Letter to President Obama Regarding the Government-Sponsored Enterprises
Letter to President Obama Regarding the Government-Sponsored Enterprises from LULAC, NAACP and NCRC (Download PDF)
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NCRC Applauds Final Home Mortgage Disclosure Act Data Rule
Washington, DC – Today, in reaction to the Consumer Financial Protection Bureau’s release of a final rule regarding modifications to Regulation C, which will implement changes to the Home Mortgage Disclosure Act (HMDA), NCRC President and CEO John Taylor made the following statement: “This expansion of Home Mortgage Disclosure Act data is a very positive
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