NCRC Statement On Trump Administration Withdrawal Of 2023 Community Reinvestment Act Final Rule
The Trump Administration had the opportunity to embrace the new Community Reinvestment Act rule as a major win for working class people.
TreasureCRA
NCRC Statement On Final CRA Rules Release
In response to the release Tuesday of final interagency regulations overhauling implementation of the Community Reinvestment Act (CRA) for the first time in 28 years, National Community Reinvestment Coalition (NCRC) President and CEO Jesse Van Tol released the following statement: “This update is both long overdue and essential. Marginalized communities still suffer from a variety of
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CRA Comments Review, Part 3: What Are Banks And Trade Groups Worried About – Or Embracing?
Part Three in a four-part series examining Community Reinvestment Act reform recommendations in public comment letters.
CRA Comments Review, Part 2: What Do Healthcare And Climate Resiliency Advocates Want From Regulators?
Part Two in a four-part series examining Community Reinvestment Act reform recommendations in public comment letters.
CRA Comments Review, Part 1: What Are Regulators Hearing On Race And Small Business Issues In CRA Reform?
Part One of a four-part series examining trends in comment letters sent to regulators about pending Community Reinvestment Act reforms.
Survey Results: NCRC Members Highlight CRA Reform Benefits, But Note Gaps Too
Community Reinvestment Act changes are coming. We asked our members what’s working, what’s not, and what should be done about it.
Survey Results: NCRC Members Highlight CRA Reform Benefits, But Note Gaps Too Read More »
Video: Re-centering CDFI work on its Civil Rights origin
In this session, we addressed the need to go back to the civil rights roots of CDFIs to address the persistent racial wealth gap.
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NCRC Congratulates Jerome Powell for Second Term as Federal Reserve Board Chair
We look forward to continuing to work with Jerome to finalize new CRA rules that will increase lending, investments and services to low- and moderate-income communities and communities of color.
NCRC Congratulates Jerome Powell for Second Term as Federal Reserve Board Chair Read More »
Video: CRA Basics
Online Event Archive Recorded March 24, 2022 Banks are critical community partners and can be a catalyst for change in your neighborhood, particularly when public resources shrink. Learn about the Community Reinvestment Act (CRA) and explore how CRA can be used to increase reinvestment in your communities. This is crucial information for anyone working towards
Advocacy groups remind bank regulators of the urgent need for stronger CRA rules and tougher enforcement on lending equity and bank mergers
With a new proposal imminent from bank regulators, community, civil rights and consumer advocacy groups stress the urgency of updates to Community Reinvestment Act
Position Paper on CRA Reform
(Download) The 123 undersigned organizations are pleased that the federal bank agencies will be proposing an interagency rule implementing the Community Reinvestment Act (CRA) in the near future. CRA has been instrumental in leveraging bank financing for retail lending and community development in low- and moderate-income (LMI) communities since its passage in 1977. A critical
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Community Reinvestment Groups Commend Repeal of Disastrous Trump-era CRA Rule Changes
Today, in response to the OCC’s rescission of the rule, the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC) agreed to dismiss their lawsuit challenging the rule.
Community Reinvestment Groups Commend Repeal of Disastrous Trump-era CRA Rule Changes Read More »
NCRC CRA and Race Webinar
Online Event Archive Recorded December 15, 2021 As you know, the Community Reinvestment Act (CRA) was enacted to ensure much-needed investment and capital makes it to low- and moderate-income (LMI) communities. But NCRC’s research has shown that the majority of communities that were redlined in the 20th Century are still lower-income and also predominantly communities
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NCRC Welcomes OCC Final Rule to Rescind its Disastrous 2020 CRA Rule
Getting the disastrous 2020 CRA rule fully rescinded was a hard-fought battle that involved comments from hundreds of our members across the nation and this is a huge victory for them and their communities. We’re relieved and welcome this action today from the OCC.
NCRC Welcomes OCC Final Rule to Rescind its Disastrous 2020 CRA Rule Read More »
NCRC applauds New York expansion of state Community Reinvestment Act to cover non-banks
New York is now among a group of states, including Illinois and Massachusetts, that have recognized the need to ensure that all lenders, not just banks, make mortgages available to credit-worthy borrowers in all communities.
NCRC applauds New York expansion of state Community Reinvestment Act to cover non-banks Read More »