Passed by Congress in 1977, the Community Reinvestment Act (CRA) states that “regulated financial institutions have continuing and affirmative obligations to help meet the credit needs of the local communities in which they are chartered.” The act then establishes a regulatory regime for monitoring the level of lending, investments, and services in low- and moderate-income […]
A Brief Description of CRA Read More »
In the early years of CRA, community activists, lenders, and regulators focused on home lending activity. This was partly because HMDA data was available and because neighborhood organizing usually started with the issues of housing, crime prevention, and other community empowerment endeavors. As CRA enforcement and activism evolved over the years, the importance of small
The CRA Small Business Data Read More »
NCRC Organizes Community Groups to Protest Venture Bank’s Payday Lending NCRC Comments on Staten Island NCRC Comments on NetBank’s CRA Strategic Plan NCRC Organizes Community Groups to Protest Venture Bank’s Payday Lending The National Community Reinvestment Coalition (NCRC), the Consumer Federation of American (CFA), the Community Reinvestment Association of North Carolina (CRA*NC) and 65 other
NCRC Comments on CRA Exam Read More »
The Community Reinvestment Act (CRA) is a remarkable law. Not only does it prohibit discrimination against working class and minority neighborhoods, it also imposes an affirmative obligation on banks to serve these communities. It is not good enough for a bank to establish branches and passively wait for customers to walk into branches. Instead, banks
NCRC’s 2008 Conference From March 12-15 2008 in Washington, over 500 people joined NCRC at our annual conference: Creating the Vision for a Fair Economy: Investing in People and Communities” . Community leaders, lawmakers, regulators, civil rights leaders, bankers, the media, housing groups, faith-based organizations, business development organizations and representatives from the “environmental justice”
Over 500 Attend NCRC 2008 National Conference Read More »
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NCRC testifies before the House Financial Services Committee calling for stronger legislation accelerating loan modifications, improving foreclosure prevention and enhancing enforcement.
NCRC Testimony: House Financial Services Committee: HR 3915 and Watt Ammendment Read More »
NCRC represents its members before Congress, federal regulatory agencies and the press. NCRC routinely testifies before the U.S. Congress, and meets with the leadership of banking and lending regulatory agencies. NCRC frequently provides expert commentary on national television, including ABC’s Nightline, Bloomberg, the CBS Evening News, CNBC, CNN, CSPAN, NBC’s Dateline and Fox News. NCRC
 Asset Preservation: Trends and Interventions in Asset Stripping Services and ProductsÂ
Thank you for your interest in donating to the National Community Reinvestment Coalition. As a not-for-profit organization we rely on support from our members, sponsorships, grant makers and donations. Your support will help NCRC achieve long term solutions that provide resources, knowledge and skills to build communities across the U.S. Your tax-deductible contribution supports NCRC
Entrepreneurial development is vital in promoting economic self-sufficiency and alleviating poverty. Access to financing is essential to grow businesses that stabilize communities. From its earliest days, NCRC has provided resources for entrepreneurial initiatives in low and moderate-income communities and worked with financial institutions to increase small business lending to women, minorities, veterans and low- and-moderate-income
 The National Community Reinvestment Coalition’s Housing Counseling Network is a premier HUD-approved national housing counseling organization made up of over 50 housing counseling agencies across the nation. The housing counseling network mortgage advisors have provided counseling to almost 40,000 households this past year, with a wide range of services including: To Purchase Your Home
Housing Counseling Network Read More »
