Them, July 6, 2023, Anti-LGBTQ+ Laws Are Being Blocked in Federal Courts Across the Country More than 75 anti-LGBTQ+ bills have been signed into law this year, but they are increasingly unable to hold up in court. In just the last two months, federal judges — including two appointed by former President Donald Trump — and […]
Them: Anti-LGBTQ+ Laws Are Being Blocked in Federal Courts Across the Country Read More »
Axios, July 7, 2023, The country’s homebuilding hot spots, mapped There were 42.3 new homebuilding permits per 100,000 residents issued nationwide in May 2023, up from 32.9 in May 2020 — the early months of the COVID-19 pandemic. Recent estimates from Freddie Mac indicate the U.S. is short about 3.8 million units of housing, either for rent or purchase, Axios’ Emily
Axios: The country’s homebuilding hot spots, mapped Read More »
Bloomberg, July 7, 2023, Black Workers in the US Account for 90% of Recent Rise in Unemployment The unemployment rate for African Americans jumped for a second straight month in June as workers left the workforce amid early signs of a cooling labor market. That cooling has been uneven: The number of unemployed African Americans has increased
Bloomberg: Black Workers in the US Account for 90% of Recent Rise in Unemployment Read More »
NPR, July 7, 2023, Homelessness is compounded by more people losing housing because its unaffordable Jeniffer Ludden speaks on rising homelessness, “It’s not like programs to move people into housing don’t work. Los Angeles provides housing for thousands each year. The problem they say is that even more people keep losing housing because it is
NPR: Homelessness is compounded by more people losing housing because its unaffordable Read More »
The Journalist’s Resource, July 5, 2023, Mental health disparities in older LGBTQ+ populations: A research roundup Older LGBTQ+ adults have higher rates of anxiety, depression, eating disorders, loneliness and suicidal thoughts, compared with their heterosexual counterparts, studies show. They are also disproportionately affected by substance use disorders, including tobacco, alcohol and other drugs, according to academic research. And,
ABC News, July 4, 2023, Black-owned banks, born out of post-slavery economic barriers, seek to address racial wealth gap Black-owned businesses were about half as likely as white-owned businesses to receive all or most of the financing they requested, according to a 2022 Federal Reserve report. The struggle to find capital isn’t new. After the
Gothamist, July 10, 2023, What if NYC had its own public bank? There are billions of reasons to consider it, report says. New York City is missing out on thousands of new affordable apartments and billions of dollars in local investments without a publicly owned bank to deposit its cash, according to an analysis by
The Epoch Times, July 7, 2023, IN-DEPTH: Bank Branch Closures Leave Vacant Buildings, Inconvenienced Customers 9 percent of all branch locations in the United States closed between 2017 and 2021, according to a report (pdf) by the National Community Reinvestment Coalition (NCRC). It amounts to a loss of about 7,500 brick-and-mortar locations. The branch closure
Orlando Business Journal, July 4, 2023, These banks have closed the most Central Florida branches so far this year the National Community Reinvestment Coalition tracked over 9,882 bank branches that have closed nationwide over the past five years, including 2,457 bank branches during 2021-22. Why this matters:Banks have changed how they approach branches as more
Crypto regulations proposed by House Republicans would help unscrupulous digital asset creators prey upon retail investors.
As the Supreme Court strikes down affirmative action, state and local lawmakers are increasingly taking action to repair racial divides through policies designed to address racial inequality.
From Affirmative Action To Reparations: Bridging Racial Economic Inequality Read More »
This is part of a series of profiles showcasing the talented entrepreneurs of NCRC’s DC Women’s Business Center. GoPursue is a women-owned business started by Kathryn Breisch that helps students discover careers. What kind of product or service do you sell? We’re a Software-as-a-Service company that helps high school and college students figure out what
DCWBC Women Entrepreneur Profile: GoPursue Read More »
With more than 750 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 June were: If your organization
Give A Warm Welcome To NCRC’s Newest Members Read More »
Yahoo Finance, July 1, 2023, Florida law limiting foreign real estate investors ‘borders on redlining’ The bill signed by Gov. Ron DeSantis in May bans citizens from Cuba, Venezuela, Iran, Russia, China, North Korea and Syria from purchasing agricultural land in the state. It would also restrict foreigners from those countries from buying real estate within 20
American Banker, June 30, 2023, BankThink No Deposit Insurance Hikes Without More Social Accountability For Banks If the government is going to back deposits at a higher level, banks need to earn that extra subsidy by getting serious about underwriting the public good. Any deposit insurance hike should be conditioned upon the banking trades ending
