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Report: Black-owned Small Businesses Are Keystones in the Cultural Foundation of Historically Black Neighborhoods in the District of Columbia and Baltimore.

The pandemic and rapid social changes brought many challenges for a group of Black business owners in Washington, D.C., and Baltimore, but even so they emphasized the role of their businesses in maintaining the cultural vibrancy of their communities.

Report: Black-owned Small Businesses Are Keystones in the Cultural Foundation of Historically Black Neighborhoods in the District of Columbia and Baltimore. Read More »

FHFA Announces New Refinance Options for Low-Income Families on GSE-backed mortgages

The Federal Housing Finance Agency (FHFA) yesterday approved new refinance options for low-income borrowers, allowing Fannie Mae and Freddie Mac (government sponsored enterprises, or GSEs) to offer new loan products that will bring lower interest rates and lower monthly payments within reach for more lower-income households.

FHFA Announces New Refinance Options for Low-Income Families on GSE-backed mortgages Read More »

The Many Effects of Housing Discrimination on African Americans

Fair housing is a civil right protected by the Fair Housing Act (FHA). And yet, housing discrimination and segregation still persist, causing long-term societal effects in America. Segregation and discrimination in housing harm people’s health, their ability to accumulate wealth and the environment.

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PNC Bank, NCRC announce $88 Billion community investment commitment

PNC Bank and the National Community Reinvestment Coalition (NCRC) announced today the creation of a four-year, $88 billion community benefits plan that will increase financial resources to low- and moderate-income (LMI) people and communities across the bank’s entire national footprint. 

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Women and COVID-19 Financial Recovery: Understanding Stigma and Financial Services Deserts

Understanding the distinct consumer needs of different consumer segments is fundamental to engaging with individuals who experience financial vulnerability and stigma as they approach a post-pandemic financial recovery. Organizations can help to play an important role in supporting customers with their personal financial recovery.

Women and COVID-19 Financial Recovery: Understanding Stigma and Financial Services Deserts Read More »

NCRC statement on American Housing and Economic Mobility Act of 2021 (S. 1368, H.R. 2768)

Strengthening and expanding the reach of the Community Reinvestment Act and duties to serve throughout the financial sector has to be at the forefront of policy questions about racial equity, the racial wealth gap and expanding financial inclusion for lower income communities.

NCRC statement on American Housing and Economic Mobility Act of 2021 (S. 1368, H.R. 2768) Read More »

NCRC statement on the confirmation of Associate Attorney General Vanita Gupta

On Wednesday (April 21, 2021), the U.S. Senate confirmed Vanita Gupta as Associate Attorney General, the third-highest position inside the Justice Department, where she is expected to play a leading role in investigating police brutality and other civil rights matters.

NCRC statement on the confirmation of Associate Attorney General Vanita Gupta Read More »

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