As HUD Asks Americans to “Dare to Own the Dream” of Homeownership, NCRC Calls on Obama Administration to Preserve Affordable Housing Goals

Washington, DC – Today, following a U.S. Department of Housing and Urban Development (HUD) National Homeownership Month “Dare to Own the Dream” event, the National Community Reinvestment Coalition (NCRC) and local community groups called on the Obama Administration to protect and strengthen the affordable housing goals at Fannie Mae and Freddie Mac. NCRC President and CEO […]

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In Response to House Financial Services Hearing, NCRC Applauds FHA

Washington, DC – Today, as U.S. Department of Housing and Urban Development Secretary Julian Castro testified before the U.S. House of Representatives Committee on Financial Services in a hearing titled “The Future of Housing in America: Oversight of the Federal Housing Administration,” NCRC President and CEO John Taylor applauded recent changes to FHA mortgage insurance […]

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As FHFA Director Mel Watt Testifies Before Congress, NCRC Reaffirms Support for Decision to Fund Housing Trust Fund

Washington, DC – Today, as Federal Housing Finance Agency (FHFA) Director Mel Watt testified before the House Financial Services Committee on FHFA’s recently announced allocation of funds to the National Housing Trust Fund and Capital Magnet Fund, NCRC President and CEO John Taylor reaffirmed NCRC’s support of the decision to capitalize the funds. “NCRC is […]

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In Reaction to State of the Union Address, NCRC Calls For Focus on Fair Access to Credit

Washington, DC – Today, in reaction to President Barack Obama’s State of the Union Address, NCRC President and CEO John Taylor made the following statement: “We commend President Obama for his focus on helping working families and combating income inequality. However, this inequality will always persist if we don’t ensure that all creditworthy Americans have […]

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NCRC Reacts to Reduction in FHA Premiums

Washington, DC – Today, in reaction to President Obama’s announcement that the Federal Housing Administration (FHA) will lower mortgage insurance premiums by 0.5 percentage points for FHA loans, NCRC President and CEO John Taylor made the following statement: “We applaud President Obama for this positive step, which will be beneficial to working families striving to […]

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NCRC Community Development Fund Receives $420,000 Award from CDFI Fund

Washington, DC — The National Community Reinvestment Coalition Community Development Fund (NCRC CDF) has been awarded $420,000 from the Community Development Financial Institutions (CDFI) Fund. This week, the CDFI Fund announced that it has awarded more than $160 million to 152 organizations through the FY2014 round of the CDFI program. “The NCRC Community Development Fund […]

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NCRC Reacts to President Obama’s 2014 State of the Union Address

Washington, DC – Today, in response to President Obama’s State of the Union address, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “We applaud President Obama for focusing on income inequality and the importance of upward mobility in his State of the Union address. We are pleased that this […]

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NCRC Statement on House Financial Services Committee Hearing on FHA

Washington, DC– Today, in reaction to this morning’s House Financial Services Committee hearing, “Examining the Proper Role of the Federal Housing Administration in our Mortgage Insurance Market”, NCRC President and CEO John Taylor made the following statement: “FHA plays a critical role in the housing market, which it has served very well for many years. […]

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