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Environmental Justice Coalition Letter on HUD’s Affirmatively Furthering Fair Housing (AFFH) Rule

(Download) Honorable Marcia Fudge Secretary U.S. Department of Housing and Urban Development 451 7th St SW Washington, D.C. 20410 Re: Affirmatively Furthering Fair Housing, Docket No. FR–6250–P–01, 88 Fed. Reg. 8516 April 24, 2023 Dear Secretary Fudge: On behalf of the undersigned environmental justice and fair housing organizations and advocates, we are pleased to submit […]

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NCRC Comment Letter on HUD’s Proposed Affirmatively Furthering Fair Housing (AFFH) Rule.

(Download) Honorable Marcia Fudge Secretary U.S. Department of Housing and Urban Development 451 7th St SW Washington, D.C. 20410 Re: Affirmatively Furthering Fair Housing, Docket No. FR–6250–P–01, 88 Fed. Reg. 8516 April 24, 2023 Dear Secretary Fudge: On behalf of the National Community Reinvestment Coalition (NCRC) and our undersigned members, we thank you for this

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NCRC comment on FHFA Social Bond RFI

(Download) April 24, 2023 The Federal Housing Finance Agency Office of Fair Lending Oversight 400 7th Street SW 9th Floor Washington, D.C. 20219 RE: Enterprise Single Family Social Bond Policy RFI The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to submit written comments to the Federal Housing Finance Agency (FHFA) in response to its

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The Washington Post: California Needs More Homes. So Why Are These Sitting Vacant?

The Washington Post, April 19, 2023, California Needs More Homes. So Why Are These Sitting Vacant? The empty houses belong to the state’shighway authority, which bought them decades ago to make way for an extension of Interstate 710 that never got built. Now, what began as failed transportation policy has become failed housing policy, exacerbated

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The Hill: Single-Family Building Is Picking Up. But Can It Help Solve The Housing Shortage?

The Hill, April 19, 2023, Single-Family Building Is Picking Up. But Can It Help Solve The Housing Shortage? Commerce Department data released on Tuesday showed an overall 0.8 percent decrease in housing starts in March, led by a decline in construction of new multifamily units — buildings with five or more units — which fell by 6.7 percent.

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American Banker: U.S. Needs ‘A Viable Pipeline For The Creation Of New Banks,’ Says Fed’s Bowman

American Banker, April 14, 2023, U.S. Needs ‘A Viable Pipeline For The Creation Of New Banks,’ Says Fed’s Bowman “We need a viable pipeline for the creation of new banks in the United States,” Bowman said, “There are troubling indications that we are falling short on this front, with a continued decline in the number

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CPR News: Life With 11 Roommates: Why Housing Co-Ops Appeal To Coloradans Looking For Change

CPR News, April 17, 2023, Life With 11 Roommates: Why Housing Co-Ops Appeal To Coloradans Looking For Change Hall was in charge of Mango Manor’s contribution to the potluck, which included a dish dubbed “The Amazing Mango.” It consists of broccoli and tofu in a special peanut sauce. Despite being a relatively new resident of

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Nebraska Examiner: Nebraska’s First Veterans Home Campus To Begin Transformation Into Modern Housing

Nebraska Examiner, April 17, 2023, Nebraska’s First Veterans Home Campus To Begin Transformation Into Modern Housing Developer White Lotus Group is to launch construction this month at what will become Liberty Campus — an example of one Nebraska city’s efforts to help counter a statewide affordable housing gap that officials have labeled a crisis.

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CNBC News: Apple Launches Its Savings Account With 4.15% Interest Rate

CNBC News, April 17, 2023, Apple Launches Its Savings Account With 4.15% Interest Rate The company said in a press release that all Daily Cash rewards earned through the Apple Card will automatically be deposited to the savings account. Daily Cash is the Apple Card reward program that offers up to 3% back on purchases. Users can

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Politico: Politics Plus Logistics Could Block Widespread Office-To-Housing Conversions

Politico, April 15, 2023, Politics Plus Logistics Could Block Widespread Office-To-Housing Conversions But the political fervor among progressive Democrats for compulsory affordable housing attached to tax incentives for conversions could dampen developers’ interest in the costly overhauls. And it’s not clear any of the policy initiatives on the table will yield conversions on a broad enough scale to turn

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Alabama News: Birmingham City Council Creates New Fair Housing Committee

Alabama News, April 11, 2023, Birmingham City Council Creates New Fair Housing Committee Among its initiatives to improve housing opportunities, Birmingham has partnered with the National Community Reinvestment Coalition in a program called GROWTH by NCRC to build 200 homes around the city, with Woodlawn and Oak Hill in Belview Heights as initial demonstrations of that plan.

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Bloomberg: Can Denver’s Next Mayor Find A Fix For Homelessness?

Bloomberg, March 30, 2023, Can Denver’s Next Mayor Find A Fix For Homelessness? According to multiple polls, homelessness and affordable housing are two of the top issues Denver voters care about in this election. For good reason: Colorado’s sheltered chronically homeless population jumped up 266% between 2007 and 2021, more than any other state. Meanwhile, surging rents in many Denver

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Office Of The Comptroller Of The Currency: Acting Comptroller Emphasizes Focus on Safe And Sound Banking System, Discusses Elevating Fairness in Banking

Office Of The Comptroller Of The Currency, March 30, 2023, Acting Comptroller Emphasizes Focus on Safe And Sound Banking System, Discusses Elevating Fairness in Banking Acting Comptroller of the Currency Michael J. Hsu today emphasized the Office of the Comptroller of the Currency’s (OCC) continued focus on the safety, soundness and fairness of the federal

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The Center Square: Illinois’ Creative Arts And Hospitality Sectors To Get $175 Million In Taxpayer Subsidies

The Center Square, March 31, 2023, Illinois’ Creative Arts And Hospitality Sectors To Get $175 Million In Taxpayer Subsidies Grant award amounts will be set based on revenue declines on submitted tax returns. The goal is to keep small businesses from going under and to save jobs, National Community Reinvestment Coalition Community Development Fund Executive

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Bigz Media Advantage: New Pandemic Relief Grants Offered In Illinois

Bigz Media Advantage, April 3, 2023, New Pandemic Relief Grants Offered In Illinois Grant award amounts will be set based on revenue declines on submitted tax returns. The goal is to keep small businesses from going under and to save jobs, said National Community Reinvestment Coalition Community Development Fund Executive Director Marisa Calderon.

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