The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) today proposed sweeping changes to the Community Reinvestment Act (CRA) that would drastically weaken banks’ obligation to meet the credit needs of low- and moderate-income communities.
New CRA Proposal Is an Assault on Working-Class Communities Read More »
For many immigrants, home is not simply a place they leave behind. It’s something they carry with them and, sometimes, find in familiar foods, shared traditions and communities thousands of miles away. By 2000, Columbus, Ohio was home to more than 11,000 African-born residents as a result of a wave of immigration that had occurred
The letter outlines the unacceptable risks for low- and moderate-income communities, consumers and small businesses, as well as the safety and soundness of the financial system that would come from granting OppFi direct access to the banking system.
Complete the form to download the pdf: Yes, send me updates by email about NCRC research, events and news. Download Now Complete the form to download the pdf: Download July 29, 2026 Jennifer Ball, Deputy Regional DirectorKansas City Regional OfficeFederal Deposit Insurance Corporation1100 Walnut Street, Suite 2100Kansas City, MO 64106RE: App No. 20260654 Submitted via
NCRC, Woodstock Institute and Rise Economy Oppose OppFi’s Proposed Merger With BNC Bank Read More »
The 21st Century ROAD to Housing Act was recently passed into law without President Trump’s signature, marking the most significant federal legislative action on housing in over 20 years. Although the president refused to sign the bill into law without other strings attached, lawmakers’ interest in housing affordability appears solidified heading into the midterms. That
Complete the form to download the pdf: Yes, send me updates by email about NCRC research, events and news. Download Now Complete the form to download the pdf: Download July 27, 2026 Benjamin W. McDonoughSecretary, Board of GovernorsFederal Reserve System20th Street and Constitution Avenue, NWWashington, D.C. 20551Via: https://www.federalreserve.gov/apps/proposals/ RE: Proposed Revisions to the Federal Reserve Policy
July 22, 2026, The Tennessean, What Nashville Gained, Lost In Edgehill Community: From The Archives According to Census Bureau data analyzed by the National Community Reinvestment Coalition, the median home value in the park’s Census tract went from $137,256 in 2000 to $652,000 in 2020, a 375% increase in 20 years.
What Nashville gained, lost in Edgehill community: From the archives Read More »
July 22, 2026, The Tennessean, See How Gentrification Has Changed Nashville Home Values Nashville’s homebuying landscape has changed dramatically in the past 50 years. An analysis of median home value changes in formerly affordable neighborhoods during that time illustrates the transformation. Several of the areas that have seen drastic changes, particularly from 2010 to 2020, are historically
See how gentrification has changed Nashville home values Read More »
July 22, 2026, The Tennessean, Priced Out, Pushed Out: Displacement In Nashville Disrupts Communities But in 2025, Nashville was named the nation’s most intensely gentrifying city from 2010 to 2020, according to a 2025 National Community Reinvestment Coalition ranking. Residents, especially those who are low-income and represent historically marginalized groups, have borne the brunt of growth’s negative
Priced out, pushed out: Displacement in Nashville disrupts communities Read More »
July 17, 2026, JDSupra, Three Of The Federal Banking Agencies Issue Guidance On Credit Risks In Lending To Borrowers Without Work Authorization The guidance is not without its critics. The National Community Reinvestment Coalition (“NCRC”) criticized the earlier CFPB statement and argued that credit decisions should turn on demonstrated repayment ability rather than hypothetical consequences associated with
July 15, 2026, TheStreet, Fed Regulators’ New Guidance Disrupts Mortgages, Loans The market remains small, with roughly 5,000 to 6,000 ITIN mortgages originated in 2023 out of about 4.6 million total originations that year, according to the National Community Reinvestment Coalition.
Fed Regulators’ New Guidance Disrupts Mortgages, Loans Read More »
July 13, 2026, CNBC, Trump Administration Urges Banks To Scrutinize Lending To Immigrants Without Work Authorization It estimated that a small number — 5,000 to 6,000 — of ITIN mortgages were made in 2023. For context, there were about 4.6 million mortgage originations in 2023, according to the National Community Reinvestment Coalition, an equity advocacy group.
July 10, 2026, BankingDive, Circle Gets OCC’s Full Trust Bank Charter Nod Ahead of the conditional approvals in December, some trust charter applications generated backlash from banking trade groups such as the Bank Policy Institute and Independent Community Bankers of America, as well as the nonprofit National Community Reinvestment Coalition.
Circle Gets OCC’s Full Trust Bank Charter Nod Read More »
July 9, 2026, Japan FinTech Observer, Sony Secures Conditional OCC Approval For U.S. Trust Bank, Fueling Stablecoin Ambitions The National Community Reinvestment Coalition (NCRC) argued that granting such charters allows digital asset firms to gain the prestige and federal regulatory status of a traditional bank while legally bypassing public mandates, such as the Community Reinvestment Act.
Sony Secures conditional OCC Approval For U.S. Trust Bank, Fueling Stablecoin Ambitions Read More »
July 8, 2026, BankingDive, Sony Receives OCC’s Conditional Approval For Trust Charter When Sony’s application went public in October, it generated backlash from banking trade groups such as the Bank Policy Institute and Independent Community Bankers of America, as well as the nonprofit National Community Reinvestment Coalition.
Sony Receives oCC’s Conditional Approval For Trust Charter Read More »
