Government data on PPP loans is mostly worthless, but it’s not too late to fix it
The SBA didn’t require demographic data and most PPP applications didn’t include it.
discrimination
HUD’s Proposed AFFH Rule Would Set Back Years of Progress
Earlier this year, the U.S. Department of Housing and Urban Development (HUD) proposed a new AFFH rule that would reverse years of progress by no longer enforcing meaningful community participation in the fair housing planning process.
Does This Economy Work for Black Americans?
There are nearly 50 million African Americans in the U.S. today. Though the African American population continues to rise, their share of the nation’s wealth isn’t keeping up, according to the National Community Reinvestment Coalition’s recent African American Racial Wealth Divide Snapshot.
Deep-rooted discrimination impacts health of LGBTQ community
As a result of the Trump Administration’s rollback of affordable healthcare and harsh cuts to affordable housing opportunities, many Americans are struggling with access to quality healthcare and stable housing. …
Deep-rooted discrimination impacts health of LGBTQ community Read More »
Advocacy still necessary to ensure fair housing for all
Fair housing laws protect minorities from discrimination, but they haven’t eliminated bad behavior in the lending and housing industries.
1,000 dykes march against displacement in D.C. during Pride month
On the eve of Washington, D.C., and the National Capital Region’s 2019 Pride festivities, 1,000 self-described dykes took to the streets on June 7 to protest displacement in the city, bringing the Dyke March back to D.C. for the first time in 12 years.
NCRC condemns CFPB plan to help lenders hide data
These changes will make it harder for the American public to see what’s going on.
The CFPB needs to keep easy access to HMDA data
Data is the sunlight that makes possible the fight against discrimination. The Consumer Financial Protection Bureau (CFPB), however, is considering changing its method of disseminating loan data that would make it less readily available to the public and significantly hamper our collective ability to root out unfair and discriminatory practices.
The New York Times: Blacks still face a red line on housing
The Great Recession reduced the African-American homeownership rate to levels not seen since housing discrimination was legal in the 1960s.
Reversing the red lines: Disinvestment in America’s cities
With the publication of Richard Rothstein’s 2017 book, The Color of Law: A Forgotten History of How Our Government Segregated America, the issue of racial and economic “redlining” has come …
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HOLC “redlining” maps: The persistent structure of segregation and economic inequality
This study examines how neighborhoods were evaluated for lending risk by the HOLC, and compares their recent social and economic conditions with city-level measures of segregation and economic inequality
The New York Times: The race-based mortgage penalty
A study found that minorities are denied mortgages more than whites, even when accounting for income and other factors.
Medium: Bank Lobbyist Act makes it easier for banks to discriminate in lending
S. 2155, expected to clear the Senate in the coming days, is a banker’s wishlist.
C-SPAN: Washington Journal Valerie Wilson discusses economic inequality gap for African Americans
Valerie Wilson of the Economic Policy Institute discusses EPI’s new report on the economic inequality gap for African Americans, 50 years after the Kerner Commission.
Why is there bipartisan support in the Senate to cover up evidence of discrimination in banking?
Congress should be asking how to expand reporting requirements for all lenders, not end them. We need bipartisan support to end discrimination in lending, not to hide the data that exposes it.
