President Biden today nominated former Treasury Department Deputy Secretary Sarah Bloom Raskin to serve as the Vice Chair for Supervision of the Federal Reserve Board and Lisa Cook and Philip Jefferson as Governors.
The Just Economy Conference is the national event for community, policy, government, business and foundation leaders working toward a just economy that not only promises but delivers to all Americans opportunities to build wealth and live well.
An NCRC evaluation of small business loan applications from a sample of seven banks in Washington, DC revealed that some lenders discriminate against applicants who have been charged at any time in their lives with a criminal offense.
The National Community Reinvestment Coalition (NCRC) submitted this week a detailed comment to the Consumer Financial Protection Bureau (CFPB) for its proposed rule on reporting and disseminating small business loan data required by Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
hief Financial Officer. He will play a key role in advancing NCRC’s strategic priorities, including building organizational resiliency through the combined power of people and systems.
across the nation through changes to state laws and elections administration that could enable local political appointees or state legislatures to manipulate voting, restrict access or even overturn results. They won’t need a riot.
Today, in response to the OCC’s rescission of the rule, the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC) agreed to dismiss their lawsuit challenging the rule.
NCRC is thrilled to see the impact grantees are making with the support of the Field Empowerment Fund. The program’s final report and second round of funding will be available in Spring 2022.
Online Event Archive Recorded December 15, 2021 As you know, the Community Reinvestment Act (CRA) was enacted to ensure much-needed investment and capital makes it to low- and moderate-income (LMI) communities. But NCRC’s research has shown that the majority of communities that were redlined in the 20th Century are still lower-income and also predominantly communities …
As acting-director of the FHFA, Thompson has already taken important steps to renew commitment to the affordable housing mission of the GSEs, including a new goal-focused exclusively on communities of color.
Getting the disastrous 2020 CRA rule fully rescinded was a hard-fought battle that involved comments from hundreds of our members across the nation and this is a huge victory for them and their communities. We’re relieved and welcome this action today from the OCC.
To better understand the interconnectedness between race and SES within the small business lending arena, the National Community Reinvestment Coalition (NCRC), in conjunction with our academic partners – Dr. Sterling Bone (Utah State University), Dr. Maura Scott (Florida State University) and Dr. Glenn Chrisitinsan (Brigham Young University) – conducted matched-pair testing at financial institutions in the Washington, DC, metropolitan area between November and December 2020.
The Department of Housing and Urban Development (HUD) issued yesterday a statement and legal opinion supporting the use of Special Purpose Credit Programs (SPCPs).
DC Women Business Center Resource Coordinator Monti Taylor interviewed Alexes Haggins about her experience before deciding to launch her new business and the resources that supported her in the process.
During the New Deal Era of the 1930s, the discriminatory practice of redlining was introduced in the United States. Neighborhoods with immigrants and people of color were labeled “red” and designated “hazardous” by the Home Owners’ Loan Corporation, and banks, realtors and public officials used those maps to deny loans and other investments in those …
The Legacy of Redlining on Black Maternal Health Read More »
