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Fighting For What’s Right: Alan Jennings On Fairness In An Unjust World

We all look to champions to inspire us. The long, challenging and too-often frustrating work of making a better world can benefit tremendously from understanding the ground-level experiences of our colleagues.  It is therefore easy to recommend “The Pursuit of Fairness: Fighting for What’s Right in a World that’s so Wrong,” Alan Jennings’ autobiographical and […]

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NCRC To Host Regional Summit For Mountain West Community Development Leaders

The National Community Reinvestment Coalition (NCRC) will host a regional summit in Denver September 26 – 27, 2023. The summit will bring together housing and community development leaders; faith-based organizations and fair lending advocates; financial institutions and environmental justice groups; as well as small business entrepreneurs, tribal leaders, public officials and academics to discuss and

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NCRC Letter to FHFA re Fair Lending, Fair Housing, and Equitable Housing Finance Plans Proposed Rule.

June 26, 2023 The Honorable Sandra Thompson Director Federal Housing Finance Agency 400 7th Street, SW Washington, DC 20024 Re:  RIN-2590-AB29, Proposed Rulemaking on Fair Lending, Fair Housing, and Equitable Housing Finance Plans Dear Director Thompson: The National Community Reinvestment Coalition (NCRC) appreciates this opportunity to provide our comments on the Federal Housing Finance Agency’s (FHFA’s) Fair

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Maryland Matters: Advocates: A Maryland Community Reinvestment Act needed to invest in underserved communities

Maryland Matters, June 20, 2023, Advocates: A Maryland Community Reinvestment Act needed to invest in underserved communities Another statute passed by Congress in 1977 was the Community Reinvestment Act (CRA), which is meant to ensure banks and other financial institutions meet investment needs in the low- and moderate-income communities around them. But two groups —

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American Banker: PayPal swoops into lending markets that banks abandoned

American Banker, June 12, 2023, PayPal swoops into lending markets that banks abandoned PayPal and its rivals may be targeting areas previously served by community banks, but large banks have also been deemphasizing branches. Bank branches in general have had a net decline from more than 100,000 in 2009 to about 80,000 in 2022. And Self Financial reports that branches are

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Bloomberg: Reforms to Home Appraisal Bias Target Algorithms and Tech

Bloomberg, June 12, 2023, Reforms to Home Appraisal Bias Target Algorithms and Tech National Community Reinvestment Coalition President Jesse Van Tol said in a press statement that the new AVM rule was “welcome news.” “As the financial industry experiments with powerful tools at the bleeding edge of technology’s new reach, our government has a duty

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Axios: Exclusive: EPA administrator talks AI, environmental justice

Axios, June 12, 2023, Exclusive: EPA administrator talks AI, environmental justice Driving the news: Before heading to a Silicon Valley clean energy summit Thursday, Regan stopped by Google’s campus to talk with chief sustainability officer Kate Brandt about tech innovation and how the private sector is pushing the envelope on equity and climate action. He spoke with Axios after the

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Quartz: Could instituting a four-day workweek be a feminist act?

Quartz, June 13, 2023, Could instituting a four-day workweek be a feminist act? Reception has been largely favorable. Workers report improved work-life balance, less stress and burnout, and higher productivity. But evidence has pointed to one other surprising outcome: The four-day workweek may also improve gender parity. Men with a four-day week reported spending 22%

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Brookings: What Community Factors Are Helping—Or Hurting—Black Health And Well-Being? We Want To Hear From You.

Brookings, May 18, 2023, What Community Factors Are Helping—Or Hurting—Black Health And Well-Being? We Want To Hear From You. Based on existing data, Brookings has plotted the locations of some of the community assets3 in Howard County and Baltimore County in Maryland and Spalding County and Forsyth County in Georgia. If you live in one of these counties, we would like to hear from

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NonProfit Quarterly: Making Policy Work For Rural Communities: The Value Of Community Voice

NP, May 31, 2023, Making Policy Work For Rural Communities: The Value Of Community Voice Public funding programs often include conditions that exceed the capabilities of high-poverty areas, such as requiring matching funds that these areas do not have. Philanthropy often relies on large, national intermediaries that lack local knowledge and relationships. The private sector

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American Banker: Banks Now Offer Payday-Loan Alternatives. How Many People Use Them?

American Banker, May 21, 2023, Banks Now Offer Payday-Loan Alternatives. How Many People Use Them? Over the last few years, several large and regional banks have started offering small-dollar loans to their cash-strapped customers. Now the question is: How many Americans are using the products? A new survey — conducted by the Online Lenders Alliance,

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American Banker: Fed Nominees Include First Latina Pick And Jefferson For Vice Chair

American Banker, May 12, 2023, Fed Nominees Include First Latina Pick And Jefferson For Vice Chair A former administrator at Davidson College, Jefferson has held several prominent positions in academia, served as a staff economist for the Fed and served on the advisory board of the Opportunity and Inclusive Growth Institute at the Federal Reserve

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