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American Banker: TD unveils community benefits plan amid push to close First Horizon deal

American Banker, February 15, 2023, TD unveils community benefits plan amid push to close First Horizon deal The agreement with the National Community Reinvestment Coalition could help the Canadian bank to secure regulatory approval for the First Horizon deal, which was announced a year ago. Last week, the two banks extended the deal’s targeted closing date by […]

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AP news: TD Bank Announces Community Benefits Plan to Build on Longstanding Engagement with Underserved Individuals and Businesses

AP news, February 15, 2023, TD Bank Announces Community Benefits Plan to Build on Longstanding Engagement with Underserved Individuals and Businesses TD Bank announced a five-year Community Benefits Plan (CBP), developed in coordination with the National Community Reinvestment Coalition (NCRC). The CBP will provide an estimated $50 billion of impact to local communities. This plan

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Mashable: How to find and support Black-owned businesses — and why it’s important

Mashable, February 18, 2023, How to find and support Black-owned businesses — and why it’s important A 2016 Survey of Consumer Finances from the Federal Reserve showed that Black families have only 10 cents for every dollar held by typical white families, and one 2017 study concluded that (of the sample size that participated) 56 percent of Black Americans

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WebMD: Advocates Decry ‘Environmental Apartheid’ in Port Cities

WebMD, February 16, 2023, Advocates Decry ‘Environmental Apartheid’ in Port Cities In the 1930s, the Home Owners’ Loan Corporation (HOLC) sketched Los Angeles. Under President Franklin Delano Roosevelt’s New Deal, the HOLC was responsible for helping Americans, crippled by the Great Depression, refinance their mortgages. To guide its investments, the HOLC took markers to maps,

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M Live: Rap with Muskegon area leaders about concerns, dreams, ideas at Saturday event

M Live, February 16, 2023, Rap with Muskegon area leaders about concerns, dreams, ideas at Saturday event “Rap w/ Ya Rep,” described as a “community vision board party,” will be Saturday, Feb. 18, near downtown Muskegon. It’s hosted by 3N1Community, which is affiliated with the grassroots organization Thredz, in concert with other local groups. In

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NJBIZ: TD Bank to launch $50B Community Benefits Plan

NJBIZ, February 15, 2023, TD Bank to launch $50B Community Benefits Plan In an effort to provide lending, philanthropy and banking access to diverse and underserved communities across the United States, TD Bank will launch a five-year, $50 billion Community Benefits Plan (CBP), developed with the National Community Reinvestment Coalition (NCRC). “The deal we just

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Journal Review: Slow march towards something better, we hope

Journal Review, February 12, 2023, Slow march towards something better, we hope By the 90s, many of us had to read “A Raisin the Sun” for high school English and it was the first we learned of covenants, codes and redlining policies, but many Americans didn’t have to read about it. They lived it. All

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The Denver Post: Why does DPS have too many schools? Enrollment decline was years in the making and district saw it coming

The Denver Post, February 12, 2023, Why does DPS have too many schools? Enrollment decline was years in the making and district saw it coming Soaring rents and home prices exacerbated the problem in northwest Denver so not only were fewer families with children moving into the Northside but they also were getting pushed out.

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Journal Review: Slow march towards something better, we hope

Journal Review, February 10, 2023, Slow March Towards Something Better, We Hope By the 90s, many of us had to read “A Raisin the Sun” for high school English and it was the first we learned of covenants, codes and redlining policies, but many Americans didn’t have to read about it. They lived it. All

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CNBC: Communities Struggling with Banking Access Give Banks on Wheels a Spin

CNBC, February 8, 2023, Communities Struggling with Banking Access Give Banks on Wheels a Spin Nearly 10% of all U.S. bank branches shut down between 2017 and 2021 – one-third of those closures were in majority-minority and low- to moderate-income neighborhoods, according to a report from the National Community Reinvestment Coalition. When the pandemic began in March

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Environmental Justice Advocates’ Letter to HUD re Equity in Disaster Recovery (CDBG-DR)

(Download) Marion M. McFadden Principal Deputy Assistant Secretary for Community Planning and Development U.S. Department of Housing and Urban Development 451 7th St SW Washington, D.C. 20410 February 21, 2023 Re: Request for Information for HUD’s Community Development Block Grant Disaster Recovery (CDBG–DR) Rules, Waivers, and Alternative Requirements, Docket No. FR–6336–N–01 (87 Fed. Reg. 77864)

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