Author name: NCRC

October 28, 2026, The Buffalo Chronicle, Opportunity Zone nominations close today, and New York hasn’t said which neighborhoods made its list Critics of the first round, which began in 2018, argued that much of the money went to neighborhoods that were already gentrifying. Commercial Observer, citing the National Community Reinvestment Coalition, reported that about 42

October 29, 2026, Banking Dive, Bank of America plants its flag in Wisconsin “Our clients do more and more of their banking digitally, but when they’re buying a home, starting a business or planning for retirement, they want to sit down with someone they trust,” Bank of America CEO Brian Moynihan said in a prepared

October 23, 2026, Legis1, Bitcoin Association Lobbying Holds Steady Amid Crypto DebateThe Crypto Council for Innovation, Blockchain Association and Digital Chamber supported a draft of the CLARITY Act in a July 24 letter, citing research estimating that nearly 67 million Americans own digital assets. The letter reflects broader industry support for legislation that clarifies how

October 15, 2026, Capitol Account, No Fed, No Deal: CRA Plan Gets Cool Reception From Banks The National Community Reinvestment Coalition, which sued to stop a CRA rule during the first Trump administration, projected that the current proposal could reduce banks’ local lending and community development work by tens of billions of dollars. The group

October 15, 2026, Taylor & Francis, Regrounding solutions: Building community land trusts under constraint through participatory action research In partnership with the National Community Reinvestment Coalition (NCRC), we organized two days of CLT peer-learning exchanges together with the NCRC Just Economy Conference in Washington, DC. Co-designed and facilitated by CLT organizers, these exchanges focused on

October 16, 2026, Bank Director, Regulators Raise Definitions of Small Bank Amid Push to Ease Burdens The biggest headline-grabbing change is the Community Reinvestment Act, which the OCC and FDIC proposed overhauling in July. The Fed has not signed onto the proposal. It would raise the “small bank” threshold that subjects lenders to fewer requirements

October 16, 2026, Credit Union Daily, Coalition of Consumer Groups Warns Against Revisions to CRA Rules The National Community Reinvestment Coalition (NCRC) and a coalition of national consumer, civil  Rights, housing and community development organizations are calling on federal banking regulators to withdraw proposed changes to the Community Reinvestment Act (CRA), warning the revisions would reduce lending and investment in underserved communities. In an Oct. 13 statement,

October 13, 2026, The Real Deal, Trump administration threatens rural housing investment Jesse Van Tol, president and chief executive officer of the National CommunityReinvestment Coalition, estimated that $87 billion annually in communitydevelopment could be at risk, including the building and preservation ofaffordable housing.The Federal Reserve has not come out in support of the proposed rule

October 12, 2026, The Philadelphia Inquirer, The Community Reinvestment Act helps working-class Philadelphians. Here’s how you can help save it. According to the National Community Revitalization Coalition, in the Philadelphia metro area from 2010-2024, banks made more than $64 billion in CRA-qualified mortgage lending to low- and moderate-income borrowers or in low- and moderate-income communities,

October 2, 2026, Capitol Account, A Target of the CRA Revamp Finds a Lot Not to Like “There is almost no evidence to support what they’re talking about. The way CRA currently operates is you have to demonstrate a benefit for low- and moderate-income communities. But that can include organizations that have a primary purpose

October 2, 2026, The Real Deal, New York’s retail storefront strategy: cut it in half The bank and pharmacy takeover of New York’s streetscape didn’t come without backlash. In 2012, the City Council passed zoning restrictions on the Upper West Side banning banks from taking up storefronts wider than 25 feet.  Two years later, Manhattan

October 2, 2026, HuffPost, How The GOP’s Signature Law Is Fueling One Of Its Biggest Political Problems Another provision of the bill expanded a break on capital gains taxes for business developments in so-called opportunity zones. The National Community Reinvestment Coalition has estimated 14% of data centers are in opportunity zones, with 17% of planned

October 2, 2026, Traverse City Business News, Growth, Consolidation or Both?: Bank branch expansion and contraction in northern Michigan Much has been made in recent years about the decline of brick-and-mortar banking. According to the National Community Reinvestment Coalition, the United States lost about 7,500 brick and mortar bank branch locations between 2017 and 2021,

September 24, 2026, Bisnow, Senators Are Pushing To Kick Data Centers Out Of Opportunity Zones “They weren’t shy about it. They were very open about the fact that this 30-basis-point step-up would be great for a data center,” said Simon Wang, an analyst at the National Community Reinvestment Coalition, an advocacy group promoting equitable economic