In the News

Links to media coverage of NCRC.
To request an interview with NCRC experts, send a note to: media@ncrc.org.

Just Money: A Symposium On Destin Jenkins’s The Bonds Of Inequality: Debt And The Making Of The American City

Just Money, September 30, 2021, A Symposium On Destin Jenkins’s The Bonds Of Inequality: Debt And The Making Of The American City Dedrick Asante-Muhammad, National Community Reinvestment Coalition (NCRC) Bonds of Inequality: Debt and the Making of the American City details the rise and fall of the municipal bond market as an economic engine for municipalities.  …

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US Congressman Chuy García: Rep. Chuy García & Senator Elizabeth Warren Introduce Bank Merger Review Modernization Act to End Rubber Stamping of Bank Merger Applications

US Congressman Chuy García, September 30, 2021, Rep. Chuy García & Senator Elizabeth Warren Introduce Bank Merger Review Modernization Act To End Rubber Stamping Of Bank Merger Applications The Bank Merger Review Modernization Act has been endorsed by Jeremy Kress, former Federal Reserve Board attorney and Assistant Professor of Business Law at the University of Michigan; the …

US Congressman Chuy García: Rep. Chuy García & Senator Elizabeth Warren Introduce Bank Merger Review Modernization Act to End Rubber Stamping of Bank Merger Applications Read More »

NFHA: Civil Rights, Consumer Protection, and Housing Policy Organizations Applaud Senator Raphael Warnock’s Introduction of the $100 Billion Downpayment Toward Equity Act, Call for Its Immediate Passage

NFHA, September 30, 2021, Civil Rights, Consumer Protection, and Housing Policy Organizations Applaud Senator Raphael Warnock’s Introduction of the $100 Billion Downpayment Toward Equity Act, Call for Its Immediate Passage Following Senator Raphael Warnock’s (D-GA) introduction of the Senate companion to the Downpayment Toward Equity Act, which would allocate $100 billion in funding for first-time homebuyers, the National …

NFHA: Civil Rights, Consumer Protection, and Housing Policy Organizations Applaud Senator Raphael Warnock’s Introduction of the $100 Billion Downpayment Toward Equity Act, Call for Its Immediate Passage Read More »

HR Dive: Why it may be time for a more compassionate bereavement policy

HR Dive, September 29, 2021, Why it May Be Time For a More Compassionate Bereavement Policy A viral LinkedIn post drew attention to the failures of the standard, three-day leave offered for bereavement. Tamara Rasberry, director of HR and operations for the National Community Reinvestment Coalition, has consulted with a number of companies on how …

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Non Profit Quarterly: Closing the Racial Wealth Divide: A Plan to Boost Black Homeownership

Non Profit Quarterly, September 29, 2021, Closing the Racial Wealth Divide: A Plan to Boost Black Homeownership Dedrick Asante-Muhammad and Joshua Devine of the National Community Reinvestment Coalition co-authored an article discussing the various strategies that can be used to address the racial wealth-gap in homeownership. NCRC has proposed setting a goal of reaching 60% …

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The American Prospect: Wall Street’s Attack on Biden Nominee are a red herring

The American Prospect, September 29, 2021, Wall Street’s Attack On Biden Nominee Are A Red Herring Industry criticism of OCC pick Saule Omarova for wanting to end private banking masks their real fear of losing their derivatives businesses. Omarova would also be a key figure in the OCC’s planned overhaul to the Community Reinvestment Act, banks’ basically unenforced, …

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The Wall Street Journal: The Pandemic Hit Cities Hard, but Especially Washington, D.C.

The Wall Street Journal, September 27, 2021, The Pandemic Hit Cities Hard, But Especially Washington, D.C. With the federal government signaling that remote-work is here to stay, Washington D.C, is left to grapple with the outflow of workers who are leaving in pursuit of cheaper accommodation. Sky-high housing prices have already pushed out local residents …

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5280: Emanuel Martínez Brought Muralism to Denver. Now, Gentrification Threatens His Art

5280, September 27, 2021, Emanuel Martínez Brought Muralism to Denver. Now, Gentrification Threatens His Art Emanuel Martínez, famous for popularizing mural art in Denver, now faces the risk of having some of his best work being destroyed. His work adorns the walls of various buildings in some of Denver’s oldest and most historic neighborhoods, which …

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Bankers Online: New members of Housing Counseling Federal Advisory Committee

Bankers Online, September 27, 2021, New Members of Housing Counseling Federal Advisory Committee The U.S. Department of Housing and Urban Development has appointed six new members to its Housing Counseling Federal Advisory Committee. Among the new appointees is our very own Ibijoke Akinbowale, Director of the Housing Counseling Network at the National Community Reinvestment Coalition, …

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U.S. Department of Housing and Development: HUD Appoints New Members to the housing counseling federal advisory committee and announces future expansion

U.S. Department Of Housing And Development, September 24, 2021, HUD Appoints New Members To The Housing Counseling Federal Advisory Committee And Announces Future Expansion The US Department of Housing and Urban Development (HUD) has appointed six new members to its Housing Counseling Federal Advisory Committee, including Ibijoke Akinbowale, director of the National Community Reinvestment Coalition’s (NCRC) Housing Counseling …

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CSR Wire: From the Fifth Third Bancorp 2020 ESG Report: Communities

CSR Wire, September 23, 2021, From the Fifth Third Bancorp 2020 ESG Report: Communities Fifth Third closed out 2020 by celebrating the successful conclusion of our five-year, $32 billion Community Commitment. The Community Commitment was announced in 2016 as a $27.5 billion plan over five years. Later that year, that amount was increased to $30 billion …

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ABC 7: Data shows poor communities of color in SoCal impacted most by bank closures

ABC 7, September 22, 2021, Data Shows Poor Communities of Color in SoCal Impacted Most by Bank Closures Low-income, high-minority areas of L.A. County saw a 12% drop in banks between 2017 and 2020. It’s a scene happening across the country. According to a report by the National Community Reinvestment Coalition, over 13,000 bank branches closed …

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The DC Line: The only Democrat registered as a 2022 mayoral candidate says he ‘never went away’ after losing to Bowser in 2018

The DC Line, September 21, 2022, The Only Democrat Registered as a 2022 Mayoral Candidate Says He ‘Never Went Away’ After Losing to Bowser in 2018 James Butler is the only Democrat running for Mayor of Washington, D.C. in the June 2022 primary. If elected, he promises to tackle gentrification and housing inequality by expanding …

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NJ Today: Predatory lenders NewDay USA & Federal Saving Bank exploit military borrowers

NJ Today, September 22, 2021, Predatory Lenders NewDay USA & Federal Saving Bank Exploit Military Borrowers  One of New Jersey’s most outspoken progressive Democrats, McCormick said AWOL: How Watchdogs Are Failing to Protect Servicemembers from Financial Scams is a report that analyzes new government data and shows that NewDay USA and The Federal Saving Bank, two loan …

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Nouvel fl’âme: Whitehouse, Durbin Introduce Expenses to Crack Down on Payday Advance Loan

Nouvel Fl’âm, September 20, 2021, Whitehouse, Durbin Introduce Expenses To Crack Down On Payday Advance Loan U.S. Senators Sheldon Whitehouse and Richard Durbin brought forth the Protecting Consumers from Unreasonable Credit Rates Act of 2019 that seeks to cap the fee and interest rate creditors can charge borrowers for an open consumer credit plan to …

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