Links to media coverage of NCRC.
To request an interview with NCRC experts, send a note to: media@ncrc.org.
Candy’s Dirt, March 7, 2023, Dallas Program Aims To Protect Neighborhoods Against Displacement, But Hurdles Make It Hard For Seniors The City of Dallas Housing and Homelessness Solutions Committee heard a progress report last week on the “Dallas Anti-Displacement Toolkit” from James Armstrong and Stephanie Champion of Builders of Hope. The team is building affordable homes …
Insider Intelligence, March 6, 2023, Brown Asks The OCC To Hold Public Meetings In Communities Where Bank Branches Are Closing Sen. Sherrod Brown sent a letter to the Officer of the Comptroller of the Currency (OCC) asking the agency to meet with low- and moderate-income communities to talk about proposed bank branch closures in their areas. He requested …
American Banker, March 3, 2023, The CRA Has Little Impact On Household Credit. Can Regulators Change That? The Federal Reserve Bank of New York published a study that found that CRA did virtually nothing to increase credit access or change borrower outcomes in designated low- and moderate-income communities, where households live on less than 80% of …
Memphis Business Journal, February 28, 2023, ‘A Major Factor:’ Inside TD’s $50B Community Benefits Plan — And How It Could Impact Both The First Horizon Deal And Memphis In 2022, NCRC facilitated five two-hour meetings, which ultimately helped lead to the $50 billion community benefits plan that TD unveiled this month. Here’s an inside look …
Yes Magazine, February 27, 2023, Could We End Wealth No one should have a billion dollars. Yet there are now nearly 1,000 billionaires in the United States alone, according to Visual Capitalist, with a combined net worth of more than $4 trillion. Billionaires are a byproduct of an upside-down economic system. Wealth inequality is often seen …
We Are Iowa, February 25, 2023, Des Moines Realtor Works To Close Racial Homeownership Gap According to the National Community Reinvestment Coalition, there’s been at least a 20% gap in homeownership rates between Black and white Americans for over 100 years. “We see that those are communities that have struggled the worst with some of the housing …
We Are Iowa: Des Moines realtor works to close racial homeownership gap Read More »
WVXU/NPR, February 27, 2023, Man Files Federal Complaint Alleging Racial Discrimination In Cincinnati Property Appraisal Terry Horton was going to refinance a North Avondale apartment building he rented to predominantly Black residents, about half of whom use Section 8 vouchers, in order to buy another building he would also offer as affordable housing. But Horton, …
Shelterforce, February 24, 2023, NCRC Claims KeyBank Broke Promises, Failed Black Homeowners When KeyBank sought to acquire Buffalo-based First Niagara, which would make it one of the nation’s largest banks, it not only had to prove to banking regulators that the merger was sound, it also had to win over local and national advocates. The …
Shelterforce: NCRC Claims KeyBank Broke Promises, Failed Black Homeowners Read More »
The Baltimore Sun, February 24, 2023, Dealing With ‘Creeping Segregation’ In Columbia The planned community of Columbia represented a clear break with segregationist practices in urban development. When it was developed in the mid-1960s, the Rouse Corporation intentionally welcomed people of all races and faiths, rejecting racial steering, redlining and discouragement of Black families searching …
The Baltimore Sun: Dealing with ‘creeping segregation’ in Columbia Read More »
CNBC, February 23, 2023, Black Families’ Net Worth Has Grown More Than Other Racial Groups Since Covid, But Wealth Gap Remains Wide Black families saw their wealth grow more than that of non-Black households during the pandemic, but the racial wealth gap is still vast, a new study showed. The average net worth among Black …
Pennsylvania Business Report, February 21, 2023, TD Bank announces plan to build on community engagement TD Bank, which has locations in 63 Pennsylvania cities and towns, announced Wednesday it would launch a five-year Community Benefits Plan that would provide an estimated $50 billion impact to its communities across the United States. The Community Benefits Plan, …
Pennsylvania Business Report: TD Bank announces plan to build on community engagement Read More »
Insider Mortgage Finance, February 21, 2023, CFPB in Legal Limbo as Supreme Court Ponders Taking Case The Supreme Court justices met in private last week to consider whether to take a case involving the CFPB’s funding structure and other authorities. A decision on the case will have major ramifications for the agency.
NBC, February 9, 2023, Does Race Impact Home appraisals? A home appraisal can impact your property taxes, insurance rates and how much a home can sell for, but some homeowners fear discrimination is a factor in the process. NBC News’ Zinhle Essamuah reports on one family’s fight to get their home evaluated fairly. NCRC CEO …
American Banker, February 15, 2023, TD unveils community benefits plan amid push to close First Horizon deal The agreement with the National Community Reinvestment Coalition could help the Canadian bank to secure regulatory approval for the First Horizon deal, which was announced a year ago. Last week, the two banks extended the deal’s targeted closing date by …
AP news, February 15, 2023, TD Bank Announces Community Benefits Plan to Build on Longstanding Engagement with Underserved Individuals and Businesses TD Bank announced a five-year Community Benefits Plan (CBP), developed in coordination with the National Community Reinvestment Coalition (NCRC). The CBP will provide an estimated $50 billion of impact to local communities. This plan …
