Political scientists are finding an alarming pattern.
Congress packed budget bill with special breaks for Washington insiders
“We must all hope now, that Congress and the President appoint somebody equal to or even better than Director Cordray. They must choose an appointee with a proven track record of commitment to protecting the interests of the people, not the industry. For the CFPB to have anybody lesser, would undermine both the spirit and intention of this agency” said John Taylor, President and CEO of NCRC.
Documents Budget Summary (Updated as of May 23, 2017) Resources CDBG: https://www.hudexchange.info/programs/cdbg/cdbg-performance-profiles/ CDFI: https://www.cdfifund.gov/awards/state-awards/Pages/default.aspx CHOICE Neighborhood https://portal.hud.gov/hudportal/documents/huddoc?id=implementgrantlist.pdf\ https://portal.hud.gov/hudportal/HUD?src=/program_offices/public_indian_housing/programs/ph/cn/grants https://portal.hud.gov/hudportal/HUD?src=/program_offices/public_indian_housing/programs/ph/cn/grantees HOME Investment https://www.hudexchange.info/programs/home/home-activities-reports/ https://www.ncsha.org/homecoalition/home-coalition-resources-by-state Prime Program: https://www.sba.gov/content/prime-grantees https://www.sba.gov/content/sba-awards-5-million-prime-grants-6 Community Development Block Grant (CDBG)The Community Development Block Grant (CDBG) program is a flexible program that provides communities with resources to address a wide range of unique community development […]
One of NCRC’s most important missions is to give its members a strong presence before Congress. Through direct advocacy, testimony on Capitol Hill, and powerfully coordinated nationwide actions, our coalition works together to develop public policy solutions that promote community wealth-building. Current NCRC Members Sign-On RequestsNCRC Community Reinvestment Act Projects & Stories Defend the CPFB […]
Washington, DC – Today, in reaction to the bank regulatory agencies’ release of final revisions to “Interagency Questions and Answers Regarding Community Reinvestment,” NCRC President and CEO John Taylor made the following statement: “We are profoundly disappointed that the agencies have not undertaken desperately needed reforms that would update the Community Reinvestment Act (CRA) to take into account significant changes […]
Washington, DC – Today, the National Community Reinvestment Coalition’s Director of Policy and Government Affairs Gerron Levi testified before the U.S. House of Representatives Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit regarding financial technology (FinTech) and marketplace lending. In the testimony, NCRC detailed the opportunities and challenges of FinTech and discussed the need […]
Washington, DC – Today, the National Community Reinvestment Coalition applauded a letter from 32 Members of Congress to FHFA Director Mel Watt, and Treasury Secretary Jack Lew, urging them to ensure that Fannie Mae and Freddie Mac are adequately capitalized. NCRC members first introduced and urged Members of Congress to sign on to this letter at […]
Washington, DC – Today, the National Community Reinvestment Coalition applauded the nomination of Representative Mel Watt to lead the Federal Housing Finance Agency (FHFA). NCRC President and CEO John Taylor made the following statement: “Mel Watt is an excellent choice to lead the FHFA. He is well qualified and sure to be a strong leader […]