A bank can be a lifeline when times get tough for your business, but it may be difficult to get a loan if the bank doesn’t know you or trust you. Building that trust can be the difference between rejection or a line of credit. Having a banking relationship is just good for business.
The NCRC Housing Rehab Fund, LLC (NCRC HRF), marketed as GROWTH by NCRC, has appointed Jennifer Powers as National Vice President of Acquisitions.
First Citizens Bank announced today a $16 billion community benefits plan — developed in collaboration with the National Community Reinvestment Coalition (NCRC) — that builds on its work to reinvest in low- and moderate-income (LMI) communities and neighborhoods of color.
The National Community Reinvestment Coalition (NCRC) and the Stavros Niarchos Foundation (SNF) today announced the launch of a major new initiative, the SNF Small Business Growth & Recovery Fund.
Widespread support for Illinois’ Predatory Loan Prevention Act, SB 1792, shows some good is coming after a year of violence, chaos and pandemic.
Today, the U.S. Department of Housing and Urban Development (HUD) announced that it would enforce the Fair Housing Act to prohibit discrimination based on sexual orientation or gender identity. HUD made the announcement in response to the executive orders previously signed by President Biden late last month.
HUD’s withdrawal from the Massachusetts disparate impact case is a first step to definitively end the Trump Administration’s attempt to undermine fair housing enforcement.
Housing and Civil Rights Groups Call for Homeowner Assistance Fund to Avoid New Wave of Foreclosures and Devastating Effects for Communities of Color
NCRC surveyed 938 small business owners across nine metropolitan areas from October 23, 2020, to December 29, 2020. The purpose of the survey was to determine whether small business owners explored other options, such as lease and loan modifications to save their businesses, and if so, did they access them.