Nonprofit housing counseling organizations responding to the COVID-19 pandemic in 15 states will receive unrestricted grants and resources from the National Community Reinvestment Coalition (NCRC), thanks to funding from the Wells Fargo Foundation.
LFA quickly recognized the adverse consequences of COVID-19 and determined that they would need to be a reliable source of information for small businesses and policymakers.
Member spotlight: Q&A with Local First Arizona’s Thomas Barr Read More »
CDFIs and MDIs, like HOPE, were able to utilize their strengths to cater to the financial needs of small businesses in distressed communities.
CDFIs and MDIs Continue to Cater to Small Businesses Despite PPP Barriers Read More »
July 28, 2020Â Majority Leader Mitch McConnell United States Senate Washington, DC 20510Â Minority Leader Chuck Schumer United States Senate Washington, DC 20510Â Chairman Mike Crapo Senate Committee on Banking, Housing and Urban Development Washington, DC 20510Â Ranking Member Sherrod Brown Senate Committee on Banking, Housing and Urban Development Washington, DC 20510Â Re: Support for
For many universities and their students, COVID-19 created new problems and exacerbated existing vulnerabilities.
Amid Funding Threats and Coronavirus, Minority College Students Face Many Concerns Read More »
Immigrants play a central role in the U.S. economy, especially as essential workers and workers in industries hardest hit by the pandemic’s economic impact.
US Immigrants Face Unique Challenges During the Pandemic Read More »
Those experiencing homelessness are especially vulnerable to getting sick due to previous health conditions and lack of access to general wellness care.
Homelessness During COVID and Beyond Read More »
Local businesses are devastated and state agencies overwhelmed as people stay at home to preserve their health and apply for government assistance to maintain financial solvency. An unexpected side effect of this was a simultaneous increase in consumer complaints filed with the Consumer Finance Protection Bureau (CFPB).
COVID-19 and the CFPB Consumer Complaint Database Read More »
The COVID-19 pandemic has called for a recent expansion of telemedicine, demonstrating the benefits of remote care. It has also highlighted the disparities in healthcare that many vulnerable groups already face.
The expansion of telemedicine underscores existing disparities in healthcare access Read More »
San Francisco was the most intensely gentrified city in America from 2013 to 2017, a new study found. But the emergence of COVID-19 exposed deep economic and social fault lines nationwide. While a small number of cities were booming, most were not.
Gentrification and Disinvestment 2020   COVID-19 struck a nation that was already mostly struggling. Do Opportunity Zones benefit or gentrify low-income neighborhoods?  Jason Richardson, Director, Research & Evaluation, NCRCBruce Mitchell, Ph.D., Senior Research Analyst, NCRCJad Edlebi, GIS Specialist, NCRC June 2020 EXECUTIVE SUMMARY COVID-19 exposed deep economic and social fault lines nationwide, with profound implications for
Gentrification and Disinvestment 2020 Read More »
As the novel coronavirus began to appear in the Deep South, we could see then the trajectory of this virus crashing into the existing virus of racism in our communities.
We Are Grieving, and Ready For Our Continued Pursuit of Justice Read More »
This week, the Senate passed the Payment Protection Program (PPP) Flexibility Act, already passed by the House in May, sending the bill to the president, who is expected to sign it into law. While the act makes necessary improvements to the PPP, more needs to be done to ensure money is going to minority and women-owned businesses and the smallest small businesses.
NCRC Statement on New PPP Flexibility Act Read More »
As the coronavirus continues to cause devastation across the United States, nursing homes have become hotspots for COVID-19 exposure.
Nursing home residents, workers face disproportionately high rates of COVID-19 deaths Read More »
Forbearance is an option available to borrowers where they can stop making payments on their home mortgage loan and then repay that amount at a later date. This rarely used option has taken on new significance since the onset of the COVID-19 pandemic.
COVID-19 and Mortgage Forbearance Read More »
