Mayor Woodfin to Present Keys to First Homeowners in Historic Birmingham Neighborhood

The first homeowners will receive keys to their new homes from Mayor Randall Woodfin on March 17, 2022, at a ribbon-cutting ceremony celebrating homeownership and the revitalization of the Ensley community. These will be the first closings under the $25 million partnership between the City of Birmingham and The NCRC Housing Rehab Fund, LLC (NCRC HRF), known as GROWTH by NCRC.  

NCRC Fact Sheet: Three Bills Would Significantly Weaken Section 1071 Small Business Loan Disclosures

The philosophy behind Section 1071 is similar to that of the Home Mortgage Disclosure Act (HMDA) data: the public release of data will identify which lenders are making good faith efforts to serve small businesses and which lenders lag their peers, encouraging the laggards through public accountability to increase their lending to traditionally underserved businesses. We expect a similar benefit from Section 1071 in narrowing the significant racial and gender disparities present in small business lending.

NCRC and Cadence Bank Announce $20.7 billion Community Benefits Plan

Cadence Bank announced today its 2022-2026 Community Benefits Plan, developed in collaboration with the National Community Reinvestment Coalition (NCRC), building on the bank’s longstanding commitment to support traditionally underserved communities, including low- and moderate-income (LMI) neighborhoods, people of color and small businesses.

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