Racial Wealth Snapshot: Latino Americans
Latinos are the largest community of color and fastest-growing native born demographic in the United States.
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Research
In Philadelphia, over 21,500 evictions were avoided during the pandemic, mostly in Black and Hispanic communities. Will evictions soar as the moratorium ends?
The COVID-19 pause in evictions for unpaid rent is about to end. New analysis and a map from NCRC shows which neighborhoods in Philadelphia face the greatest risk for new evictions.
Whites and the Racial Wealth Divide Snapshot
The idea and identity of whiteness in America has long been constructed, remodeled and refitted. Used as a tool to exclude and oppress, to be identified as White was, and is, a way to gain access to privileges.
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Massachusetts CRA for Mortgage Companies: A Good Starting Point for Federal Policy
The Massachusetts experience indicates that applying CRA to mortgage companies nationwide is feasible and likely would increase their retail lending and community development activity in lower-income communities.
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Report: Even while thousands vanished, local bank branches remained critical for small business lending
From 2012-2018, big banks got bigger, and 8,872 local branches closed. But in most counties, small business lending was still dominated by banks with branches within the community.
Agenda-setting research: Essential Reading for a #JustEconomy
Essential Reading for a Just Economy from NCRC. Topics include: redlining, gentrification, mortgage lending and more.
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NCRC Paycheck Protection Plan Preliminary Analysis
The government’s flawed COVID relief program underscored the need for equity in small business financing, and for stronger enforcement of fair lending laws.
NCRC Paycheck Protection Plan Preliminary Analysis Read More »
Mortgage Lending in the Asian American and Pacific Islander Community
Key Findings Over 652,000 loan applications were reported in 2018 where the applicant identified as AAPI. Home purchase loans varied greatly within the AAPI community, with Asian Indians purchasing homes in 70% of cases, compared with Japanese borrowers that purchased a home just 45% of the time. There are substantial variations in the share of
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NCRC Proposal for Underserved Tracts Would Increase Lending in Communities of Color by Billions of Dollars
Executive Summary NCRC proposes to add underserved census tracts as a criterion on component tests on CRA exams. NCRC identifies underserved tracts as those that receive low levels of lending per housing units and small businesses. A significant portion of these tracts are predominantly minority. NCRC estimated that adding these tracts on CRA exams would
Government data on PPP loans is mostly worthless, but it’s not too late to fix it
The SBA didn’t require demographic data and most PPP applications didn’t include it.
Government data on PPP loans is mostly worthless, but it’s not too late to fix it Read More »
A new approach to bank ratings would generate billions more for neighborhoods reeling from the pandemic
This white paper describes NCRC’s suggested rating system and discusses our forecasts of increased dollars for LMI neighborhoods.
Preliminary Analysis of 2019 HMDA Mortgage Lending Data
The Consumer Financial Protection Bureau (CFPB) released the 2019 Home Mortgage Disclosure Act (HMDA) data on June 24, 2020, detailing mortgage lending information from nearly all lenders in the United States. HMDA offers details on 9.3 million originations resulting from over 17.5 million applications.
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Same-Sex Couples and Mortgage Lending
Introduction The National Community Reinvestment Coalition has analyzed new data available to researchers for the first time to determine borrower patterns among same-sex couples, in comparison to different-sex couples. Our research question was, will same-sex couples pay higher closing costs and more interest on mortgage loans than different-sex couples? From our analysis of 2018 Home
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Study: Before COVID-19, a small number of booming cities struggled with gentrification. The rest simply struggled.
San Francisco was the most intensely gentrified city in America from 2013 to 2017, a new study found. But the emergence of COVID-19 exposed deep economic and social fault lines nationwide. While a small number of cities were booming, most were not.
Gentrification and Disinvestment 2020
Gentrification and Disinvestment 2020   COVID-19 struck a nation that was already mostly struggling. Do Opportunity Zones benefit or gentrify low-income neighborhoods?  Jason Richardson, Director, Research & Evaluation, NCRCBruce Mitchell, Ph.D., Senior Research Analyst, NCRCJad Edlebi, GIS Specialist, NCRC June 2020 EXECUTIVE SUMMARY COVID-19 exposed deep economic and social fault lines nationwide, with profound implications for
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