In a letter to the Senate Banking Committee, NCRC and 29 member groups urged confirmation of Bloom Raskin, Dr. Lisa Cook and Dr. Phillip Jefferson as Federal Reserve Board governors. The committee is scheduled to consider all three nominations in a hearing Thursday, Feb. 3.
NCRC Urges Senate To Confirm Bloom Raskin, Cook And Jefferson to Federal Reserve Board Read More »
A review of mortgage data from 2020 reveals how the private lending market continues to inadequately serve most households of color. This is despite government-backed mortgages designed to assist low- and moderate-income (LMI) households. To solve this ongoing and enduring failure, the National Community Reinvestment Coalition (NCRC) recommended a set of actions by federal bank regulators,
The Failure of the Private Mortgage Market Read More »
Making a meaningful dent in the level of structural racial economic inequality in this country requires change throughout the US finance system—in our financial regulations, within our financial institutions, and in the lending and investments done by financial institutions.
Goodbye “Race Neutrality”—The Case for Race-Conscious Economic Policy Read More »
Meet Gregory Dyson, NCRC’s new Chief Operating Officer! As COO, he will be instrumental in developing NCRC’s strategic priorities and all of the organization’s day-to-day operations.
NCRC Hires Gregory Dyson as COO Read More »
Since the inception of the mid-20th century Civil Rights era and the implementation of racially blind laws such as the Community Reinvestment Act, we can point to little progress in bridging wealth and homeownership disparities.
NCRC 2020 Home Mortgage Report: Examining Shifts During COVID Read More »
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.
Call for Submissions: Speak at the 2022 Just Economy Conference Read More »
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 disparate impact of using “Ever Charged” on a commercial loan application Read More »
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.
NCRC submits comment to the CFPB on Section 1071 Proposed Rule Read More »
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.
NCRC Hires Adnan Bokhari as Executive Vice President and CFO Read More »
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.
Jan. 6 should be a lasting reminder that American democracy is fragile Read More »
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.
Community Reinvestment Groups Commend Repeal of Disastrous Trump-era CRA Rule Changes Read More »
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.
NCRC’s Field Empowerment Fund Expands Funding for COVID-19 Economic Recovery Read More »
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
NCRC CRA and Race Webinar Read More »
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.
NCRC Supports Nomination of Sandra Thompson as FHFA Director Read More »
