Our members include community reinvestment organizations, community development corporations; local and state government agencies; faith-based institutions; community organizing and civil rights groups; minority and women-owned business associations as well as local and social service providers from across the nation.

NCRC pursues its work through a variety of partnerships and programs. Our National Homeownership Sustainability Fund leverages the expertise of a national network of mortgage finance advisors. They work with servicers and lenders, on behalf of homeowners, to keep working families from losing their homes to foreclosure.

NCRC’s National Training Academy provides training and technical assistance on topics such as understanding how to use the Community Reinvestment Act (CRA), fair lending laws, Home Mortgage Disclosure Act (HMDA), Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), Homeownership and Equity Protection Act (HOEPA), fair housing and foreclosure prevention. Our Economic Justice Campaign sites pilot innovative community partnerships to enhance the delivery of financial, technical, and social services to individual consumers, homeowners, and small business.

NCRC’s work is enhanced by two financial service advisory councils consisting of the nation’s largest banks and mortgage finance companies. Quarterly roundtables examine issues involving responsible financial service-related policies, regulations and legislation, as well as innovative products, services and best practices.

NCRC represents its members before Congress, federal regulatory agencies and the press. NCRC routinely testifies before the U.S. Congress, and meets with the leadership of banking and lending regulatory agencies. NCRC frequently provides expert commentary on national television, and our research and policy papers have been cited in hundreds of newspapers in the US.

Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) announced that the NCRC Community Development Fund has received certification from the Community Development Financial Institutions Fund as a Community Development Financial Institution (CDFI).

“We are very excited to receive CDFI certification,” said NCRC President and CEO John Taylor. “This certification will allow NCRC to further build out our financial and technical assistance services for small businesses and minority- and women-owned small businesses.”

The National Community Reinvestment Coalition operates three U.S. Department of Commerce-sponsored Minority Business Centers (in Washington, DC, New York, NY, and Houston, TX), a Women’s Business Center sponsored by the U.S. Small Business Administration (SBA), and an SBA Small Business Teaming Center. The NCRC Community Development Fund (NCRC CDF) is a small business investment fund that measures the success of its investments by financial return, positive social impact, and environmental benefits in its current target market of the District of Columbia, with plans to serve women- and minority-owned businesses nationwide in the future.

To date, NCRC CDF, through the Fund and the NCRC Small Business Center affiliates, has counseled and provided technical assistance to over 1,500 small businesses, assisted in securing over $2 billion in financing and contracts, created over 150 new jobs, and directly lent $150,000 to women, minority, and low-income owned businesses in the District of Columbia Metro area.

About the National Community Reinvestment Coalition (NCRC):

The National Community Reinvestment Coalition is an association of more than 600 community-based organizations that promote access to basic banking services, including credit and savings, to create and sustain affordable housing, job development, and vibrant communities for America's working families.

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 owned businesses with investors, the New York City Minority Business Center and NMAN will cohost a reception for potential investors on May 30, 2012 at 5:30 pm.

NCRC's New York City Minority Business Center provides management and business consulting services to minority business enterprises, and utilizes strategic partnerships to improve minority-owned companies' performance and profitability. NMAN works to provide mentorship, educational events, and capital to minority-led and owned startups across America. The New York Minority Business Center will work with NMAN to identify appropriate minority-led and owned businesses and connect them with "angel investors" who will commit capital and resources to those businesses.

NCRC President and CEO John Taylor made the following statement: "We are excited to bring people together to create jobs and build opportunities for small business owners through this new initiative. Allowing full participation in business creation and development is an important part of economic justice, and NCRC is dedicated to leveling the playing field, and ensuring that everyone gets a fair shot to prosper and thrive."

Timothy Reese, Founder and Principal of NMAN said: "We are excited about our New York City launch in partnership with NCRC. We believe recent activity for high-growth startups in New York provides ideal conditions to be launching our program here at this time before rolling out to other regions in the U.S."

The reception will be held on May 30, 2012 from 5:30-7:30 PM at the New York City Minority Business Center. The New York City Minority Business Center is located at 114 West 47th Street, 19th Floor. This event is open to press. For more information please contact Eric Hersey at 202-524-4880.

NCRC is the only non-profit organization in the nation that operates three MBDA Business Centers, with centers in Washington, D.C., New York, NY, and Houston, TX. NCRC also manages a Women's Business Center and Small Business Teaming Center sponsored by the U.S. Small Business Administration, and a small business development loan fund.

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NCRC recently launched a Neighborhood Planning and Investment Services (NPIS) through which NCRC will continue to pull from national best practices in community stabilization and reinvestment to develop innovative and practical solutions to the country’s housing and community development challenges. NCRC’s Neighborhood Planning and Investment Services explicitly focuses on:

• Comprehensive projects that combine the best ideas in research and policy with innovative on-the-ground practices and investment strategies. NPIS’s approach incorporates both place- and people-based planning to enhance physical environments and create economic opportunities for local residents;
• Strategies that ensure existing residents benefit from – rather than become displaced by – successful redevelopment efforts; and
• Opportunities for community greening, including green infrastructure, green buildings and green businesses, which will enhance the quality of life and expand economic opportunities for community residents.

NCRC’s Neighborhood Planning and Investment Services leverages NCRC’s relationship with its 600+ members, NCRC’s Washington Minority Business Enterprise Center (recognized as the nation’s premier MBECs measured by its success in helping its clients gain access to private capital), NCRC’s Houston Business Minority Business Enterprise Center, NCRC’s Washington Women’s Business Center, and NCRC’s Community Development Fund, a Community Development Financial Institution (CDFI).

As one of its inaugural projects, NPIS has partnered with the DC Department of Housing and Community Department (DHCD) to implement a Neighborhood Stabilization Program (NSP) grant from the US Department of Housing and Urban Development (HUD). Through this project, NPIS, with assistance from other NCRC staff, is creating a model for comprehensive and sustainable revitalization in distressed communities. The approach builds on community assets, links housing investments to job creation and business development and includes an intensive community engagement campaign that will ensure redevelopment is shaped by existing residents. Throughout this project, NPIS will explore strategies that anchor existing residents to the community through expanded homeownership opportunities, access to finance, job training and entrepreneurship to ensure that local residents benefit from the economic opportunities created by future redevelopment. This model can be replicated in communities across the country through NCRC’s membership network of over 600 community-based organizations.

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 training.

About the National Community Reinvestment Coalition (NCRC):

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