The awardees will receive a combined $150,000 in grants to support small business development.
NCRC Announces Recipients Of Grants To Scale Up Small Business Service Providers Read More »
TD Bank will commit $50 billion in investments, lending, philanthropy and other services for diverse and underserved communities as it acquires First Horizon.
NCRC Announces $50 Billion Community Benefits Agreement With TD Bank Read More »
(Download) February 8, 2023 Jim Park Executive Director Appraisal Subcommittee 1325 G Street Suite 500, NW Washington, DC 20005 appraisalbiashearing@asc.gov Dear Executive Director Park: The National Community Reinvestment Coalition appreciates the opportunity to submit written comments to the Federal Financial Institutions Examination Council’s Appraisal Subcommittee. We thank the Appraisal Subcommittee of the Federal Financial Institutions Examination
Economic justice advocates face off against huge and pervasive forces every day in working to build a better world. The enormity of that history can feel overwhelming, especially when assessing national-level data about the problems that National Community Reinvestment Coalition (NCRC) members work every day to cure. It can help to drill down to a
Online Event Archive Recorded February 9, 2023 Unlock the path to legalizing your business with our informative pre-recorded webinar series: “Making Your Business Legal.” If you’re embarking on a business venture, understanding the essential steps to legal compliance is crucial. Tune in to this insightful 2-part webinar which will walk aspiring entrepreneurs through the process
Video: Making your Business Legal – Part II (What’s Next?) Read More »
The Baltimore Banner, February 7, 2023, Report: ‘Creeping segregation’ in Columbia, originally envisioned as model of racial integration Columbia, envisioned as a model for racial and socioeconomic integration when it was founded more than 50 years ago, is experiencing “creeping segregation” and a shortage of affordable housing, according to a new study. The report, published
The Washington Post, February 6, 2023, White people have flocked back to city centers — and transformed them According to a 2019 study published by the National Community Reinvestment Coalition, Denver has seen more displacement of its Hispanic residents, on average, than any other major U.S. city. As Denver it has grown more populous and
Olean Times Herald, February 1,2023, Community Bank to close Portville branch A letter dated Jan. 25 to customers indicates that the Portville branch at 7 N. Union St. will close April 23, citing consolidated services with other branches. Customers were referred to the North Union Street branch in Olean, the branch office in Bolivar or
Olean Times Herald: Community Bank to close Portville branch Read More »
The Alpine News, February 2, 2023, Decent customer service: Can we still bank on it? The consolidation of banking began in the 1980s. What then numbered 18,000, was just under 5,000 by 2021, according to the National Community Reinvestment Coalition. Impacting us locally, from 2017 to 2021 PNC Bank closed 418 locations and Huntington Bank
The Alpine News: Decent customer service: Can we still bank on it? Read More »
Market Watch, February 4, 2023, Why It’s So Hard For Black Americans To Save For Retirement — And How The Pandemic Escalated The Racial Wealth Gap “If you have very low levels of income, you have less discretionary income, and that means you have most of your money going to immediate needs: food, shelter, clothing,
Front Porch, February 1, 2023, Front Porch: Gentrification Patterns in NE Denver The soaring home values and increasing rent prices that Denver experienced over the last decade has facilitated a pattern of neighborhoods being gentrified and residents being displaced. A study from the National Community Reinvestment Coalition revealed that 27 percent of Denver neighborhoods are
Front Porch: Gentrification Patterns in NE Denver Read More »
Al Día, January 31, 2023, Al Día: NALCAB announces list of 2023 Pete Garcia Fellowship members The National Association for Community Asset Builders (NALCAB) has announced the names of the 2023 cohort for the Pete Garcia Community Economic Development Fellowship program, marking 13 years of training up and coming Latino nonprofit leaders. The Fellowship comprises
Al Día: NALCAB announces list of 2023 Pete Garcia Fellowship members Read More »
American Banker, January 30, 2023, BankThink There’s A Surprising Risk Lurking In The Details Of Bank Mergers Big mergers don’t get approved today without big Community Benefit Agreements. Big as in $100 billion in the recent U.S. Bank deal, $88 billion with PNC, and likely over $100 billion on the pending TD Bank-First Horizon merger.
House Digest, January 25, 2023, Bad Home Advice Dished Out On House Hunters This glossing-over effect signals that race, sexual orientation, and other facets of a person’s identity are irrelevant in the home-buying process. As The New York Times highlights, black families have historically found it much harder to secure a mortgage loan than white families. Same-sex couples could
House Digest: Bad Home Advice Dished Out On House Hunters Read More »
Market Watch, January 20, 2023, ‘The economic consequences are real’: Officials push for deeper scrutiny of racial bias in home-appraisal process The federal government is taking steps towards addressing bias in the home-appraisal process, after media reports and a new documentary series surface instances of bias and undervaluations. “The gap in homeownership between Black and
