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Eisner Amper: The “Social” Component of ESG Investing

Eisner Amper, April 18, 2022, The “Social” Component of ESG Investing In this episode of Engaging Alternatives Spotlight, Elana Margulies-Snyderman, Senior Manager, Publications, EisnerAmper, speaks with Eleni D. Janis, Managing Partner and Chief Investment Officer of Equivico, a New York City-based woman-owned impact investment management firm launched with support from the National Community Reinvestment Coalition […]

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The New York Times: To the Editor: Preying on People of Color

The New York Times, April 19, 2022, To the Editor: Preying on People of Color “Reverse redlining,” for example, is on the rise in housing, as minority neighborhoods are targeted with higher prices or unfair lending practices. Black homeownership has declined more drastically than for any other ethnic or racial group in the U.S.

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MDJ Online: What Will it Take to Replace the Tens of Thousands of Trees Cut Down in Wichita?

MDJ Online, April 17, 2022, What will it take to replace the tens of thousands of trees cut down in Wichita? Wichita was recently identified by the National Community Reinvestment Coalition as one of the three most “redlined” cities in the nation in the 1930s, with nearly 64% of its neighborhoods graded as “hazardous” by

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The Hill: Why Reform a Lending Law That We May Not Need at All?

The Hill, April 15, 2022, Why reform a lending law that we may not need at all? In a March 1 letter to bank regulators, 123 organizations expressed support for seven additions to existing CRA requirements, which focus on lending and other banking services in neighborhoods in which traditional, regulated banks have branches. Led by

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The Wall Street Journal: Biden to Nominate Michael Barr as Top Fed Banking Regulator

The Wall Street Journal, April 15, 2022, Biden to Nominate Michael Barr as Top Fed Banking Regulator After Ms. Raskin’s and Ms. Omarova’s withdrawals at the hands of Republicans and centrist Democrats in the Senate, some banking experts see Mr. Barr’s nomination as a White House tack toward the center. “Certainly the political winds have

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Public Source: Pittsburgh’s racial homeownership gap grows. What can be done to fix it?

Public Source, April 18, 2022, Pittsburgh’s racial homeownership gap grows. What can be done to fix it? The National Community Reinvestment Coalition [NCRC] has published several reports highlighting the long-lasting impacts of redlining and housing discriminatory practices, including how the COVID-19 pandemic has worsened racial disparities in homeownership. “There are statistically significant associations between greater

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KB Exchange Trust: Banks Accelerate Closure of In-Store Branches

KB Exchange Trust, April 12, 2022, Banks Accelerate Closure of In-Store Branches According to a report from the National Community Reinvestment Coalition (NCRC), 9 percent of all bank branch locations in the US closed between 2017 and 2021, a loss of about 7,500 brick-and-mortar locations. The pace of branch closings doubled during the pandemic, the

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Politico: Washington Was an Icon of Black Political Power. Then Came Gentrification.

Politico, April 15, 2022, Washington Was an Icon of Black Political Power. Then Came Gentrification. A 2019 study by the National Community Reinvestment Coalition found that D.C. had the highest “intensity” of gentrification of any city in the United States between 2000 and 2013. A follow-up NCRC study found that D.C. then fell to 13th

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Maryland Matters: Here’s the Antidote to the Toxicity in the Curtis Bay Community

Maryland Matters, April 13, 2022, Here’s the Antidote to the Toxicity in the Curtis Bay Community The toxic chemical industry has engulfed entire residential areas of Baltimore. But in the long-suffering neighborhood of Curtis Bay, the local community is fighting back. Recently, I heard Dr. Nicole Fabricant, Professor of Anthropology at Towson University, discuss the

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American Banker: Banks are wrong to oppose CFPB data collection for small-business loans

American Banker, April 13, 2022, Banks are wrong to oppose CFPB data collection for small-business loans Along with home purchase loans, small-business loans are one of the most important private-sector tools available to strengthen local economies. Banking industry leaders who promised to help combat the economic pain and material indignities that define life for most

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Politico: Morning Money

Politico, April 13, 2022, Morning Money National Community Reinvestment Coalition’s Jesse Van Tol: “Michael Barr would be an outstanding choice for Vice Chair of Supervision at the Fed. He knows the players, knows the fault lines, and will bring a wealth of experience to the job. He may not be the regulator all progressives want,

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India West Journal: South Asians For America Offers First-Ever South Asian Organizing Training Series

India West Journal, April 13, 2022, South Asians For America Offers First-Ever South Asian Organizing Training Series South Asians for America (SAFA) will offer a first-of-its-kind organizing training series for the South Asian community to take place on Thursdays, April 14, 21and 28 at 8 pm ET via Zoom. The first session on April 14 will

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American Entrepreneurship Today: Black and Brown Female Entrepreneurs, Allies Call for Change at Annual Summit

American Entrepreneurship Today, March 31, 2022, Black and Brown Female Entrepreneurs, Allies Call for Change at Annual Summit The 4th Annual Women of Color Connecting Virtual Summit (WOCCON 2022), hosted by the Institute For Entrepreneurial Leadership (IFEL) recently, issued a strong call-to-action. “Listen, learn, engage, then act,” stated IFEL CEO Jill Johnson, referring to the purpose-driven action

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PhillyVoice: A look inside the Philadelphia real estate market and steps that can be taken for the future of affordable housing

PhillyVoice, A look inside the Philadelphia real estate market and steps that can be taken for the future of affordable housing A recent report from the National Community Reinvestment Coalition underscores how racial disparities in mortgage lending have persisted during the COVID-19 pandemic, making it harder for people of color to access conventional loans in low- to

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