August 2026

Fed Regulators Look to Ease CRA Rules for Smaller Banks; Consumer Groups Blast Decision

August 3, 2026, The Credit Union Daily, Fed Regulators Look To Ease CRA Rules For Smaller Banks; Consumer Groups Blast Decision The proposal drew immediate criticism from the National Community Reinvestment Coalition, which said the changes would substantially weaken banks’ obligations to support affordable housing, community development and economic opportunity.

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JPMorgan Chase pours in $750 billion for affordable housing

August 3, 2026, American Banker, JPMorgan Chase Pours In $750 Billion For Affordable Housing Chase’s announcement also comes on the heels of a similar community investment initiative rolled out in late July by Huntington Bancshares, based in Columbus, Ohio.  Following meetings with more than 350 organizations, including members of the National Community Reinvestment Coalition, Huntington

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Federal Proposal Weakens Bank Obligations to Underserved Communities

August 2, 2026, Davis Vanguard, Federal Proposal Weakens Bank Obligations To Underserved Communities Working-class communities could lose billions of dollars in financing for affordable housing, small businesses and jobs under a new federal proposal that would weaken banks’ obligations to serve low- and moderate-income neighborhoods, the National Community Reinvestment Coalition (NCRC) warned in a press

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Regulators move to narrow CRA, drawing fire from advocates

July 31, 2026, HousingWire, Regulators Move To Narrow CRA, Drawing Fire From Advocates Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition (NCRC), said the proposal “weakens banks’ obligations to invest in working-class communities and threatens to undermine the affordable housing gains in the 21st Century Road to Housing Act entirely.” “Banks

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Proposal to overhaul fair lending rules draws housing industry backlash

July 31, 2026, Scotsman Guide, Proposal To Overhaul Fair Lending Rules Draws Housing Industry Backlash The National Community Reinvestment Coalition (NCRC) said in a statement that the proposal would “drastically weaken banks’ obligation to meet the credit needs of low- and moderate-income communities.” Jesse Van Tol, NCRC’s president and CEO, said that instead of helping

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A new federal rule just made small-business credit invisible

July 31, 2026, TheStreet, A New Federal Rule Just Made Small-Business Credit Invisible Rise Economy, the National Community Reinvestment Coalition, Main Street Alliance, and Iowa business owner ReShonda Young sued the Bureau and Acting Director Russell Vought in Washington federal court in July 2025, represented by Democracy Forward.

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Regulators propose overhaul to law governing how banks lend to low-and-middle income communities

July 31, 2026, AP News, Regulators Propose Overhaul To Law Governing How Banks Lend To Low-And-Middle Income Communities In a summary of the changes, the bank regulators said these changes would ensure community development grants “are not diverted to activist causes or consumed by excessive operating costs.” Banks would also need to collect more detailed

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Trump admin revamp of anti-redlining law targets activist groups

July 31, 2026, American Banker, Trump Admin Revamp Of Anti-Redlining Law Targets Activist Groups “This is going to result in a significant decrease in bank investment and lending in working class communities across the country, but especially in rural areas,” said Jesse Van Tol, National Community Reinvestment Coalition CEO and president. “Small banks will no

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Huntington Bank Commits $80 Billion to Support Affordable Housing, Small Businesses and Local Communities

July 30, 2026, PR Newswire, Huntington Bank Commits $80 Billion to Support Affordable Housing, Small Businesses and Local Communities Huntington Bancshares Incorporated (Nasdaq:?HBAN) today announced a new $80 billion Community Plan. The plan will help improve financial opportunities for consumers, businesses and communities with a focus on affordable housing, small business and community development investments. Huntington shaped the plan

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Trump bank regulators eye rewrite of low-income lending rules

July 22, 2026, PoliticoPro, Trump Bank Regulators Eye Rewrite Of Low-Income Lending Rules Jesse Van Tol, president of the National Community Reinvestment Coalition, said reopening the regulation under the Trump administration risks weakening the law and reducing banks’ obligations to lower-income communities. “We’ve seen efforts to go after virtually every other rule that was created

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Why Nashville’s gentrification debate is becoming more urgent

July 26, 2026, The Tennessean, Why Nashville’s Gentrification Debate Is Becoming More Urgent Less than a year after that conversation, I got a story pitch from the National Community Reinvestment Coalition, which had come out with a nationwide report naming Nashville as the most “intensely” gentrifying city in the U.S. between 2010 and 2020.

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First Merchants earnings on deck as merger integration test looms

July 22, 2026, Investing.com, First Merchants Earnings On Deck As Merger Integration Test Looms In the first quarter, First Merchants posted adjusted earnings of $1.03 per share, beating the $0.89 consensus by 15.73%. However, revenue of $157.1 million missed the $188.43 million forecast, a shortfall that reflected the timing of the merger close in early

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Ranking Members Markey, Velázquez Push to Roll Back Trump Administration’s Discriminatory SBA Lending Policy that Blocks Immigrant Entrepreneurs from Pursuing the American Dream

July 23, 2026, U.S. Senate Committee On Small Business & Entrepreneurship, Ranking Members Markey, Velázquez Push to Roll Back Trump Administration’s Discriminatory SBA Lending Policy that Blocks Immigrant Entrepreneurs from Pursuing the American Dream “NCRC supports the Congressional Review Act resolution to overturn SBA’s citizenship restrictions that bar green-card holders from receiving the 7(a) and

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Nashville Summit Series – Brief 5: Barriers & Solutions for Workforce Development

This brief maintains the previous two briefs’ narrower focus but instead distills the conversations from the participants in the workforce development ecosystem. It documents the barriers raised by practitioners and funders during the workforce development dialogues and the solutions participants raised that would work with limited federal government support.

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