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Community & Workforce Development

Washington, DC – Today, community groups led by the National Community Reinvestment Coalition (NCRC) called upon Senate Majority Leader Mitch McConnell hold a full Senate vote on the confirmation of Loretta Lynch for U.S. Attorney General. Ms. Lynch’s wait for confirmation, presently over five months, is at historic levels, and a majority of the Senate now supports her confirmation.

“Having strong leaders as regulators, and as Attorney General, is imperative for our collective well-being as a nation,” said NCRC President and CEO John Taylor. “It's eminently clear that Loretta Lynch is such a leader. She is fully qualified and would make an excellent Attorney General. It’s time for Senator McConnell to bring the confirmation to a vote and allow our country to move forward.”

The full letter and list of signatories is below.

April 17, 2015

The Honorable Mitch McConnell 
Majority Leader 
U.S. Senate 
U.S. Capitol Building, S-230 
Washington, DC 20510 

Dear Majority Leader McConnell: 

We, the undersigned members and allies of the National Community Reinvestment Coalition (NCRC) - an association of more than 600 community-based organizations supporting strong fair housing and fair lending laws - are writing to urge you to support Loretta Lynch to be Attorney General of the United States and to schedule a immediate confirmation vote on the Senate floor. Ms. Lynch has a distinguished career as a federal prosecutor, and her record of service has garnered praise from both Democrats and Republicans. In recognition of her stellar credentials, the U.S. Senate has unanimously confirmed her to lead one of the most important U.S. Attorney’s Offices in the country on two separate occasions. Loretta Lynch is uniquely qualified to serve as the nation’s top law enforcement officer, and she should be confirmed without further delay. 

For nearly 25 years, NCRC has been a leader in ensuring that the nation’s fair housing laws are enforced and that underserved communities across the country have access to mortgage credit and small business lending. We believe that Loretta Lynch is an outstanding candidate for this position. In addition to her personal background growing up in North Carolina during the civil rights struggles of the 1960s, she will draw on a rich background from her tenure in public service, private practice and academia. She has successfully prosecuted some of the most high-profile criminal and civil rights cases in New York. She has also served as Chair of the Attorney General’s Advisory Committee, and has grappled with important issues facing the Department of Justice nationwide. She would bring steady leadership to an agency that is critically important to the entire civil and human rights community. 

Loretta Lynch knows the Department of Justice, she has the experience, and she has demonstrated the leadership. We join with many voices across the nation and Senators on both sides of the aisle in urging support for her nomination and for a vote on her confirmation to be Attorney General on the Senate floor forthwith. 

Sincerely,

 

The National Community Reinvestment Coalition

 

ACTS, CDC

Advisor to Illinois General Assembly Chicago Educational Facilities

Advocates for Neighbors

AEO

Affordable Homeownership Foundation

All Wings of Change

Allegheny Land Trust

Anacostia Economic Development Corporation

Another Chance of Ohio

Ariva, Inc.

Asian Pacific Policy and Planning Council

Baltimore Neighborhoods, Inc.

Binghampton Development Corporation

Bloomfield-Garfield Corporation

Buffalo Urban League

Building Alabama Reinvestment

California Coalition for Rural Housing

California Reinvestment Coalition

California Resources and Training

CASA of Oregon

Center for Community Justice and Advocacy

Center for Fair Housing, Inc.

Center for New York City Neighborhoods

Central Baptist CDC

Centre for Homeownership & Economic Development Corporation, Inc

Chicago Community Loan Fund

City of Gary Community Development Division

City of Jackson

City of Lansing Human Relations & Community Services Department

CNBIC LLC

Coalition for Nonprofit Housing and Economic Development

Coastal Enterprises, Inc.

College Hill Church Social Justice and Peacemaking

Columbus Urban League

Common Wealth Development, Inc.

Community Assistance Provider

Community First, Inc.

Community Housing Innovations, Inc.

Community Improvement Program

Concerned Citizens

Consumer Advisory Board

Delaware Community Reinvestment Action Council

Detroit Non-profit Housing Corporation

Disability Network/Lakeshore

Each One Teach One, Inc.

Effective Communities Project

Emory Beacon of Light, Inc.

Equal Rights Center

Equality Ohio

Fair Housing Center of Metropolitan Detroit

Fair Housing Council of Northern NJ

Faith Fellowship Community Development Corporation

Family Tree, Inc.

First Baptist Church Lauderdale

GAP Community Development Resources, Inc.

Gem City-Hilltop Community Development and Housing, Inc.

Genesis Housing Development Corporation

Global Network Community Development Corp

GNO Tax and Business Center LLC

GO Northwest Housing Resource Center

Good Neighbor Foundation

Greater Cincinnati Urban League

Greater Rochester Community Reinvestment Coalition

Greenville County Human Relations Commission

Hamilton County Community Reinvestment Group

Harlingen Community Development Corporation

Hartford Community Loan Fund, Inc.

Havenwoods Economic Development Corp

Hidalgo Community-Based Consulting

Holland Human Relations Commission

Housing Action Illinois

Housing and Economic Rights Advocates

Housing Assistance Council

Housing Options & Planning Enterprises, Inc.

Inland Fair Housing and Mediation Board

Inner City Christian Federation

Lake View Towers Resident Association, Inc.

Lakeside Community Development Corporation

Latino Economic Development Center

Lawrenceville United

Legal Aid Society of Palm Beach County

Mammoth Lakes Housing

Metropolitan Milwaukee Fair Housing Council

Metropolitan St. Louis Equal Housing Opportunity Council

Mexican War Streets Society

Miami Valley Fair Housing Center

Miami Valley Urban League

Michigan CRA Coalition

Milwaukee Habitat for Humanity

MTFN

Mutual Housing California

Mystic Genius, LLC

National Association for Community Empowerment

National Fair Housing Alliance

National Housing Law Project

National Trust Community Investment Corporation

Neighborhood Housing Services of Cleveland

Neighborhood Housing Services of LA County

Neighborhood Legal Services Michigan

New Jersey Citizen Action

New Orleans Neighborhood Development Foundation

New Visions Community Development Corporation

NOAH

Nonprofit Center of Milwaukee

North Carolina Branch of NAACP

Northwest Indiana Reinvestment Alliance

Northwest Side Housing Center

Oak Park Regional Housing Center

Ocean County Long Term Recovery Group

Ohio CDC Association

Operation Better Block, Inc.

Oregon Opportunity Network

Our Communities Our Children

Pace School

PACT

Partners in Community Building, Inc.

PathStone Enterprise Center

Pittsburgh Community Reinvestment Group

POWER, Inc.

Pratt Area Community Council

PRO-ACT

Project LIFT

Puentes New Orleans, Inc.

PYT Funds

R.A.A. - Ready, Aim, Advocate

Rebuild Durham Inc.

Renaissance Entrepreneurship Center

Renewed, Inc.

Reverse Mortgage Suitability and Abuse Consultant

RISE Foundation

Sabin CDC

Select Milwaukee

San Francisco Housing Development Corporation

South Carolina Fair Housing Center

South Philadelphia HOMES, Inc.

Southwest Neighborhood Housing Services

St. Vincent de Paul Society of Lane County, Inc.

Sus Finanzas

Synergistic Mediation and Consulting

Tenants Together

Texas Small Farmers & Ranchers Community Based Organization

The Baltimore Redevelopment Action Coalition for Empowerment

The Black Women' Center

The Carl Stokes Brigade

The Construction Chick Builders

The Urban League of Greater Southwestern Ohio

To Each His Home Community Redevelopment

TYL Homeownership Preservation Services, LLC

U2Cando

Union Miles Development Corporation

United South Broadway Corporation

Unity EDC

Urban League

Urban League of Greater SW Ohio

Voices for Racial Justice

Waterloo Commission on Human Rights

White Earth Investment Initiative

White Oak Foundation, Inc.

Wilkinsburg Community Development Corporation

Women's Economic Ventures

Woodstock Institute

Working In Neighborhoods

cc: The Honorable Harry Reid, Minority Leader, U.S. Senate

Washington, DC – Today, in reaction to the Federal Housing Finance Agency’s (FHFA) announcement of small adjustments to the fees it charges lenders on loans guaranteed by the Government-Sponsored Enterprises (GSEs), the National Community Reinvestment Coalition’s (NCRC) Chief of Membership and Policy Jesse Van Tol made the following statement:

“The FHFA has taken some modest steps in the right direction, but they do not go nearly far enough. We are disappointed that FHFA did not take this opportunity to substantially reduce guarantee fees. A significant reduction in guarantee fees would stimulate the housing market and help to increase access to home loans for low- and moderate-income borrowers.”

“While the elimination of adverse market fees was appropriate, it is clear that there is room for FHFA to safely and soundly direct a reduction in the overall fees charged by the GSEs. The current guarantee fee pricing structure overcharges for the credit risk the GSEs currently bear. Friday’s change was largely about balancing the politics of the situation, not the economics.”

“If you examine the credit risk and administrative costs built into the guarantee fees, they are much lower on average than what the GSEs are actually charging. Additionally, recent risk-sharing deals show that the private market is pricing credit risk comparable to that taken by Fannie Mae and Freddie Mac at levels well below the guarantee fees the GSEs are charging.”

FHFA announced Friday that it will remove the 25 basis point upfront adverse market charge for all states. The charge was put in place during the height of housing crisis.

In January, NCRC called on FHFA to reduce guarantee fees.

In December of 2014, NCRC applauded FHFA Director Mel Watt’s decision to fund the National Housing Trust Fund and the Capital Magnet Fund.

In October of 2014, NCRC called upon FHFA to strengthen its proposed affordable housing goals and applauded FHFA’s revised and clarified Representation and Warranty framework.

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.

Washington, DC – On March 25, at the National Community Reinvestment Coalition's (NCRC) 2015 Annual Conference, NCRC presented its National Achievement Awards and honored leaders in expanding fair access to financial services. The awards ceremony featured remarks from Gustavo F. Velasquez, Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development, and John Taylor, NCRC’s President and CEO. The Master of Ceremonies was Robert Dickerson, Jr., Chair of NCRC’s Board of Directors and Executive Director of the Birmingham Business Resource Center.

“The annual NCRC awards dinner is a wonderful opportunity to recognize leaders in our field for their excellent work,” said NCRC President and CEO John Taylor. “We are proud to honor this year’s winners for their outstanding achievements in community reinvestment and social and economic justice.”

The recipients of the 2015 National Achievement Awards are:

St. Louis Equal Housing and Community Reinvestment Alliance (SLEHCRA), for the National Community Reinvestment Award

The National Community Reinvestment Award recognizes the organization that through their work over the past year has best exemplified the ideals and values of the community reinvestment movement and economic justice.

CASA of Oregon, for the Representative James Leach Award

The Representative James Leach Award recognizes the rural non-profit organization that best promotes fair and equal access to credit and capital and contributes the most in its community toward promoting wealth building in traditionally underserved populations.

Josh Silver, Development Manager for Manna, Inc. for the Senator William Proxmire Award

The Senator William H. Proxmire Award recognizes the individual whose life’s work exemplifies the spirit and work of Senator Proxmire’s contributions to economic mobility. Senator Proxmire was the author and lead sponsor of the Community Reinvestment Act.

To watch SLEHCRA and CASA of Oregon’s award presentations and acceptance speeches, click here.

To watch Josh Silver’s award presentation and acceptance speech, click here.

Director of Policy & Government Affairs
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Washington, DC – From March 25-28, the National Community Reinvestment Coalition (NCRC) will hold its annual conference, bringing together hundreds of participants and community organizations from across the nation. This year’s conference theme is “Creating a Just Economy.”

This year, the conference will feature keynote speeches from Sherrod Brown, U.S. Senator for Ohio, Maxine Waters, U.S. Representative for California’s 43rd District, Maria Contreras-Sweet, Administrator of the U.S. Small Business Administration, Julián Castro, Secretary of the U.S. Department of Housing and Urban Development (HUD), Gustavo Velasquez, Assistant Secretary for Fair Housing and Equal Opportunity, HUD, Thomas Curry, Comptroller of the Currency, and Rev. Dr. William Barber II, President of the North Carolina NAACP.

The conference features a wide range of workshops on community organizing and advocacy, housing, access to capital and credit, workforce and community development, fair lending, and business development. Many of the nation’s top community advocates, policymakers, government officials, academics, experts on CRA, banking, fair housing, small business, and more are participating in the conference.

Click here for the full schedule, including workshop speakers and descriptions. More information is available at www.ncrc.org/conference/.

What: The 2015 NCRC Annual Conference, “Creating a Just Economy”

When: March 25-28, 2015

Where: Capital Hilton hotel, 1001 16th Street NW, Washington DC 20036

This event is open to press. For more information, please contact Eric Hersey at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or 202-524-4880.

Jason Richardson, Director of Research & Evaluation
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Fair Housing Specialist, South Carolina Fair Housing Center
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Washington, DC – Today, as U.S. Department of Housing and Urban Development Secretary Julian Castro testified before the U.S. House of Representatives Committee on Financial Services in a hearing titled “The Future of Housing in America: Oversight of the Federal Housing Administration,” NCRC President and CEO John Taylor applauded recent changes to FHA mortgage insurance premiums.

“It’s clear that FHA has weathered the storm from the housing crisis, and can resume its role of creating homeownership opportunities for creditworthy families working their way up the economic ladder. Throughout its history, FHA has been instrumental in helping working families become homeowners and build wealth. The recent move to lower mortgage insurance premiums by 0.5 percentage points for FHA loans will be very helpful to hundreds of thousands families aspiring to become homeowners and the economy at large.”

“Homeownership is the single most effective means for working people to build wealth and enter the middle class. This change to FHA mortgage insurance premiums will open the door for more creditworthy families across the U.S to obtain a home via a responsible FHA loan. ”

NCRC applauded the announcement of the reduced FHA mortgage insurance premiums in January 2015.

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.

Washington, DC – Today, as Federal Housing Finance Agency (FHFA) Director Mel Watt testified before the House Financial Services Committee on FHFA’s recently announced allocation of funds to the National Housing Trust Fund and Capital Magnet Fund, NCRC President and CEO John Taylor reaffirmed NCRC’s support of the decision to capitalize the funds.

“NCRC is very supportive of Director Watt’s move to fund the Housing Trust Fund and Capital Magnet Fund. The Housing Trust Fund is a key tool to help address the growing crisis facing low-income renters, and FHFA is right to ensure that it is funded. This is simply the right thing to do, and good for our economy and all Americans.”

"We’re facing the worst rental affordability crisis in our nation’s history. According to the Joint Center for Housing Studies at Harvard University, over 20 million renters (almost 50 percent of renting households) across the nation are cost-burdened. For extremely low income households, that number rises to 80 percent, with over seven million households spending half of their income on rent. The crisis is being driven by a dramatic reduction in the homeownership rate caused by the foreclosure crisis, rising rental costs and stagnant or falling renter wages, as well as the fact that many potential first time homebuyers are blocked from becoming homeowners because of an overly restrictive credit box. The steps that FHFA is taking to address these issues are necessary and in keeping with the public purpose of the government-sponsored enterprises (GSEs) to meet the housing needs of our communities."

In December of 2014, NCRC applauded Watt’s decision to fund the National Housing Trust Fund and Capital Magnet Fund. In October of 2014, NCRC called upon FHFA to strengthen its proposed affordable housing goals. NCRC has long called on FHFA to capitalize the Housing Trust Fund.

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.

Special Assistant to the Executive Office
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