Invest Local Defend CRA From Efforts to Weaken It Improve Accountability for CRA Activities With Tougher Bank Examinations and Timely Release of CRA Ratings Identify and Enforce Public Benefits Claimed by Banks in Mergers and Acquisitions and Require Specific Description of Public Benefits of Mergers Reduce FHA’s Mortgage Insurance Premium to Make Homeownership More Accessible […]
2017 NCRC Policy Agenda Individual Fact Sheets Read More »
Documents Budget Summary (Updated as of May 23, 2017) Resources CDBG: https://www.hudexchange.info/programs/cdbg/cdbg-performance-profiles/ CDFI: https://www.cdfifund.gov/awards/state-awards/Pages/default.aspx CHOICE Neighborhood https://portal.hud.gov/hudportal/documents/huddoc?id=implementgrantlist.pdf\ https://portal.hud.gov/hudportal/HUD?src=/program_offices/public_indian_housing/programs/ph/cn/grants https://portal.hud.gov/hudportal/HUD?src=/program_offices/public_indian_housing/programs/ph/cn/grantees HOME Investment https://www.hudexchange.info/programs/home/home-activities-reports/ https://www.ncsha.org/homecoalition/home-coalition-resources-by-state Prime Program: https://www.sba.gov/content/prime-grantees https://www.sba.gov/content/sba-awards-5-million-prime-grants-6 Community Development Block Grant (CDBG)The Community Development Block Grant (CDBG) program is a flexible program that provides communities with resources to address a wide range of unique community development
Policy and Advocacy: Federal Budget Campaign Read More »
One of NCRC’s most important missions is to give its members a strong presence before Congress. Through direct advocacy, testimony on Capitol Hill, and powerfully coordinated nationwide actions, our coalition works together to develop public policy solutions that promote community wealth-building. Current NCRC Members Sign-On RequestsNCRC Community Reinvestment Act Projects & Stories Defend the CPFB
Policy and Advocacy: Take Action Read More »
To contact your legislator, call the Congressional switchboard at 877-210-5351. Summary: At the end of October, President Obama and Congressional leaders reached a bipartisan budget agreement to lift the severe “sequestration” spending caps first enacted as part of the Budget Control Act of 2011. With an overall budget in place, Congress is now facing a December 11 deadline to pass a year-end
SUMMARY: Tomorrow, June 9, the U.S. House of Representatives is expected to vote on “rider” amendments to the Transportation-HUD (“T-HUD”) annual appropriations bill that would limit federal funding for fair housing enforcement. Last week largely along party line votes, the House already passed hostile amendments to defund fair housing programs key to NCRC members (see “Votes Last Week”
The following charts provide a state-by-state breakdown of how the Government Sponsored Enterprises’ affordable housing goals benefit the entire country. The charts are available for each state as well as in an aggregated document.
Affordable Housing Goals State-by-State Benefits Read More »
The issue of housing finance reform is heating up in Congress. This issue has broad and lasting implications for the future of the middle class and economic opportunity in America. NCRC is committed to ensuring that housing finance reform results in a system that provides access to conventional loans for the full spectrum of creditworthy
Spotlight on Housing Finance Reform Read More »
Background on Local Responsible Banking Ordinances Local responsible banking ordinances are laws designed to ensure responsible loans, investments, and services for modest-income and minority neighborhoods. The ordinances require an evaluation of financial institution performance in serving modest-income and minority neighborhoods as part of the criteria for deciding which institutions receive municipal deposits and other city
Responsible Banking Ordinances Read More »
Background on Capital One Acquisition of HSBC Credit Card Unit Join the National Community Reinvestment Coalition and our members and allies across the country in requesting that the Office of the Comptroller of the Currency extend the comment period and hold hearings on the Capital One Financial Corporation’s proposal to acquire HSBC’s credit card unit.
Capital One / HSBC Credit Card Unit Acquisition Read More »
Background on Capital One / ING Acquisition The National Community Reinvestment Coalition (NCRC) announced that it will oppose the Capital One acquisition of ING Direct USA, citing serious concerns about the impact of the deal on consumers, communities and the economy. The deal would make Capital One the fifth largest bank in the United States.
Capital One / ING Direct Acquisition Fact Sheets Read More »
Background on Capital One / ING Acquisition The National Community Reinvestment Coalition (NCRC) announced that it will oppose the Capital One acquisition of ING Direct USA, citing serious concerns about the impact of the deal on consumers, communities and the economy. The deal would make Capital One the fifth largest bank in the United States.
Capital One / ING Direct Acquisition Read More »
Background on Housing Counseling With estimates showing a shadow inventory that numbers in the millions, it’s clear that the foreclosure crisis is not done wreaking havoc on the housing market. It seems that the ideal outcome for families, communities, and investors alike would include avoiding as many foreclosures as possible and keeping homes occupied. A
Restore Housing Counseling Funds to 2012 Budget Read More »
Background on Qualified Residential Mortgages The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”) promoted responsible lending by requiring financial firms to retain 5 percent of the credit risk when they sell loans to investors. Leading up to the crisis, mortgage firms did not carefully underwrite loans and then sold loans to
QRM | Qualified Residential Mortgages Read More »
Letter to Regulators Regarding Consent Orders
Regulators Servicing Consent Orders Read More »
