Washington DC

Washington D.G.: the District of Gentrification

This essay is part of a series that accompanies NCRC’s 2019 study on gentrification and cultural displacement. The opinions expressed in this article are the author’s own and do not necessarily reflect the views of NCRC. Gentrification is a policy-driven process that begins with targeting low-income, urban communities for discrimination and neglect and ends with “improvements” …

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NCRC Testifies Before DC City Council in Support of the Community Development Act of 2013

Washington, D.C. – Today, Josh Silver, Vice President of Research and Policy at the National Community Reinvestment Coalition, testified before the District of Columbia City Council’s Committee on Business, Consumer, and Regulatory Affairs in support of the Community Development Amendment Act of 2013. The Act would require banks bidding on municipal deposits and investments to …

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New Data Shows Continued Constricted Credit, Racial Disparities in Lending

  Washington, DC — Today, the National Community Reinvestment Coalition (NCRC) said that new data released by the Federal Financial Institutions Examination Council showed continued constriction of credit, particularly for low- and moderate income communities and communities of color, and significant disparities in lending by race. The volume of home lending was 7.1 million loans …

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Local Community Organizations Convene for White House Forum on Housing

  Washington, DC – On September 13, dozens of members of the National Community Reinvestment Coalition (NCRC) came to Washington DC for the White House American Economic Competitiveness Forum on Housing. At this forum, over a hundred community advocates came together with administration officials at the White House to discuss solutions to America’s housing crisis.  …

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Coalition of Community Organizations Calls on President Obama to Recess Appoint an FHFA Director

  Washington, DC — Today, hundreds of community organizations sent a letter to President Obama calling on him to make a recess appointment to the Federal Housing Finance Agency (FHFA). FHFA is currently led by an Acting Director, Ed DeMarco, who has refused to allow Fannie Mae and Freddie Mac, which hold the majority of …

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NCRC Calls For New Leadership at the Federal Housing Finance Agency

Washington, DC — Today, in reaction to Federal Housing Finance Agency (FHFA) Acting Director Ed DeMarco’s decision not to allow Fannie Mae and Freddie Mac to use principal reduction in their loan modification programs, the National Community Reinvestment Coalition called for a change of leadership at FHFA. “DeMarco has failed in his responsibility to do …

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NCRC to Kick Off New Initiative with The National Minority Angel Network

New York City, NY — This month, the National Community Reinvestment Coalition’s (NCRC) New York City Minority Business Center will begin a working collaboration with the National Minority Angel Network (NMAN), a new organization dedicated to fostering investment in minority-led and owned start-up businesses. To kick off this new collaborative initiative to connect minority-led and …

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NCRC to Hold Senior Services Fair in Washington, DC

Washington, DC — Tomorrow, in honor of Older Americans month, the National Community Reinvestment Coalition (NCRC) will hold a senior services fair in Washington, DC. At this event, NCRC will provide information to older Americans about loan modifications, changes to modification programs, housing scams and fraud specifically targeting seniors. Attendees will also be provided with a …

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NCRC Lauds Passage of Responsible Banking Ordinances In NY and LA

Washington, DC — Today, the National Community Reinvestment Coalition (NCRC) applauded the passage of responsible banking ordinances in New York City and Los Angeles, and commended the Association for Neighborhood and Housing Development (ANHD), an NCRC member organization, and Los Angeles City Councilmember Richard Alarcón for their efforts advancing the initiatives. “This is a beacon …

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Following Report On Bank Pullout From Low Income Areas, NCRC Calls On Regulators To Take Action

Washington, DC — In the wake of a troubling new report from SNL Financial showing major banks pulling out from low-income areas, the National Community Reinvestment Coalition (NCRC) has called for banking regulators to investigate the trend and take action. The SNL Financial report, entitled “Banks follow the money and exit lower-income areas,” finds that …

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NCRC Files CFPB & FTC Complaints Against Adrian Cronauer of Good Morning Vietnam Fame

Washington, DC — The National Community Reinvestment Coalition (NCRC) has filed complaints with the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) against Adrian Cronauer and the Cronauer Law Center. Mr. Cronauer, who is best known as the radio disc jockey who inspired Robin Williams’ character in the film Good Morning Vietnam, now …

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At NCRC Conference, Joseph Smith Jr., Franklin Raines, Marc Morial, Mark Calabria Discuss Solutions To Foreclosure Crisis, Returning Home Opportunity To America

Washington, DC — Today, at the National Community Reinvestment Coalition’s (NCRC) annual conference, a panel of top experts will discuss and debate how best to reach equitable, workable solutions to the foreclosure crisis. The plenary will feature Joseph Smith Jr., monitor for the national mortgage settlement, Franklin Raines, former Fannie Mae Chairman and CEO, Marc Morial, …

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CFPB Director Cordray Announces Push To Prevent Discriminatory Lending

Washington, DC — Today, in a keynote address at the National Community Reinvestment Coalition’s (NCRC) annual conference, Consumer Financial Protection Board (CFPB) Director Richard Cordray announced that the agency will use all available legal avenues, including disparate impact, to pursue discriminatory lenders. “We want consumers to avoid the marketplace’s silent pickpocket — discrimination,” said CFPB …

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White House Honors DC Women’s Business Center’s Samira B. Cook-Gaines

Washington, DC –  On Wednesday, March 7, the White House honored Samira B. Cook-Gaines, Director of the National Community Reinvestment Coalition’s Washington, DC Women’s Business Center (DC WBC) as a Champion of Change, a tribute bestowed this week on local community leaders who pave the way for small business growth through entrepreneurial mentoring, counseling, and …

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