Press Releases Archives

NCRC launches publishing series on Segregation, Environment and Health

By NCRC / September 17, 2020 September 17, 2020 / Field Notes, Press Releases

National Findings Affirm Local Experiences Last week, a team of researchers from NCRC, the University of Wisconsin-Milwaukee School of Public Health and University of Richmond Digital Scholarship Lab produced a report with maps and data from 142 cities that showed how historic discrimination in lending and investing in entire neighborhoods correlates with shorter life expectancy …

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CFPB proposed changes to small business lending data a step in the right direction

By NCRC / September 16, 2020 September 16, 2020 / Press Releases

The Consumer Financial Protection Bureau (CFPB) released yesterday an outline of proposals under consideration to collect data on lending to small businesses and help identify and address discrimination.

NCRC Hires Marisa Calderon as New Executive Director of Community Development Fund

By NCRC / September 16, 2020 September 16, 2020 / Press Releases

The National Community Reinvestment Coalition has hired Marisa Calderon as executive director of the NCRC Community Development Fund, which provides loans for housing, small business and other community development needs in low- and moderate-income communities. Calderon, based in California, was executive director at the National Association of Hispanic Real Estate Professionals (NAHREP) and authored their …

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NCRC Hires Tom Feltner as New Director of Policy

By NCRC / September 15, 2020 September 15, 2020 / Press Releases

The National Community Reinvestment Coalition has hired Tom Feltner as Director of Policy. He will lead NCRC’s policy agenda and advocacy in pursuit of a Just Economy.

NCRC, Morgan Stanley announce $15 billion plan to increase lending and investments in lower-income communities

By NCRC / September 10, 2020 September 10, 2020 / Press Releases

Today, the National Community Reinvestment Coalition (NCRC) and Morgan Stanley (NYSE: MS) announced a $15 billion, four-year community benefits plan that will increase the financial services company’s lending and investments in lower-income communities.

Study: More chronic disease, shorter lifespans and greater risk factors for COVID-19 in neighborhoods that were redlined 80 years ago

By NCRC / September 10, 2020 September 14, 2020 / Press Releases

Before the pandemic devastated minority communities, banks and government officials starved them of capital.

NCRC Condemns HUD’s Disparate Impact Rule

By NCRC / September 4, 2020 September 4, 2020 / Press Releases

The Trump Administration has attacked one of the most vital pieces of civil rights legislation, the Fair Housing Act, on multiple fronts in the last several weeks. They gutted the Affirmatively Furthering Fair Housing rule that enforces fairness in housing. Now, they are effectively eliminating the disparate impact standard in fair housing cases.

19 community organizations urge FHFA to release data and analysis for proposed capital rule on the GSEs

By NCRC / August 13, 2020 August 13, 2020 / Press Releases

This week, 19 national community organizations called on the Federal Housing Finance Agency (FHFA) to provide more clarity and transparency around the impacts of the agency’s proposed capital requirements for Fannie Mae and Freddie Mac (the Enterprises) before the end of a public comment period on August 31st.

Mortgage data reveals disparities in Asian American and Pacific Islander lending

By NCRC / August 6, 2020 August 6, 2020 / Press Releases

The research, from the National Community Reinvestment Coalition (NCRC), sheds new light on the experience of several groups within the AAPI community that have long accused lenders of predatory practices and discrimination.

NCRC supports pandemic-related housing needs in 15 States, funded by Wells Fargo Foundation

By NCRC / August 5, 2020 August 5, 2020 / Press Releases

Nonprofit housing counseling organizations responding to the COVID-19 pandemic in 15 states will receive unrestricted grants and resources from the National Community Reinvestment Coalition (NCRC), thanks to funding from the Wells Fargo Foundation.

NCRC and SLEHCRA Call on Edward Jones to Add St. Louis Assessment Area for New Banking Division

By NCRC / August 4, 2020 August 4, 2020 / Press Releases

The National Community Reinvestment Coalition (NCRC) and the St. Louis Equal Housing and Community Reinvestment Alliance (SLEHCRA) have urged the Federal Deposit Insurance Corporation (FDIC) to require Edward Jones Bank to meet Community Reinvestment Act (CRA) assessment requirements in the St. Louis area.

Amicus Brief Opposes OCC Charter That Would Aid Predatory Lenders

By NCRC / July 31, 2020 July 31, 2020 / Press Releases

The Center for Responsible Lending, National Consumer Law Center, and National Community Reinvestment Coalition filed an amicus brief today in Lacewell v. Office of the Comptroller of the Currency (OCC), in support of the plaintiff, the New York State Department of Financial Services (DFS), against the OCC’s plan to issue “special purpose national bank” charters to nonbank lenders.

NCRC, Local Groups and City of Toledo Sue CFPB to Overturn Rule That Undermines Detection of Discrimination in Mortgage Lending

By NCRC / July 30, 2020 July 30, 2020 / Press Releases

By Raising Reporting Thresholds, CFPB Rule Blocks Access to Data That is Critical to Uncovering Housing Discrimination

Leading Civil Rights & Housing Groups Condemn President’s Effort to Gut Fair Housing, Use of Incendiary Racial Rhetoric for Political Gain

By NCRC / July 23, 2020 July 27, 2020 / Press Releases

Fair housing advocates denounce Trump’s newest effort to eliminate a critical tool to desegregate communities and call on the president to instead concentrate on ensuring housing equity during a pandemic.

NCRC statement on Affirmatively Furthering Fair Housing Executive Order

By NCRC / July 23, 2020 July 27, 2020 / Press Releases

Today, President Trump replaced the 2015 Affirmatively Furthering Fair Housing (AFFH) rule with a much weaker one, and without any public comment process, despite the Department of Housing and Urban Development’s (HUD) proposed rule change filed in January.

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