Housing nonprofits in Colorado had their hands full following the Great Recession of 2007. Fewer homes were being built, with unemployment causing housing insecurity rates to rise exponentially. Local and state governments also had fewer resources to help those in need. “After the Great Recession, there was a desire to co-advocate in a way that […]
Small but mighty – that’s the self-described motto of the two-person team leading the Utah Housing Coalition (UHC), a nonprofit organization that promotes equitable and sustainable communities by ensuring all Utahns have a safe and affordable place to call home. “We always say we take on the role of a low-income voice because those are
Aspiring small business owners in Baltimore are gaining a powerful new ally, right in the heart of downtown. Baltimore Community Lending (BCL) will launch its new headquarters and Business Development & Resource Center (BD&RC) on June 18, 2025. The new facilities at 301 N Calvert St. reflect BCL’s recent expansion of its mission to revitalize
For over half a century, Tierra del Sol Housing Corporation has been a trailblazer in the community development sphere, providing single and multi-family housing to farmworkers, seniors and lower-income individuals across rural New Mexico. For most of those years, executive director Rose Garcia has been at the heart and helm of the organization. A Latina
NCRC Member Advances Housing Accessibility And Sustainability In Rural New Mexico Read More »
Every April, Fair Housing Month gives us the chance to reflect on both the progress we’ve made as a country toward realizing housing equity and the challenges that remain. Discrimination in housing has not disappeared and, in many ways, it has simply changed form. That is why the tools NCRC uses to identify and address
Fair Housing Month Spotlight: Fighting Back with Testing and Local Action Read More »
Mayor Randall Woodfin and NCRC Board Chair, Catherine Crosby discuss neighborhood revitalization and developing programs that reduce homeownership and affordable housing barriers in their communities. Moderator: Ed Gorman, Chief Community Development Officer, NCRC Speakers: Catherine Crosby, Board Chair, NCRC, Mayor Randall Woodfin, Mayor of Birmingham Transcript: NCRC video transcripts are produced by a third-party transcription service
Chase’s arrival in the D.C. area is significant in part because it has been accused of lending discrimination here.
JPMorgan Chase will open 70 new branches in the District.
Reveal: Chase announces major expansion in DC Read More »
Wells Fargo could face a $1 billion fine from the CFPB, the largest in history, but is that enough? Join Stacy Cowley, Kerri Miller, and NCRC’s John Taylor. Also discussed, Mick Mulvaney’s CFPB, breaking up the big banks, and El Chapo’s drug cartel.
MPR News: How consumers can protect themselves from potential abuse by big banks Read More »
Fair-lending enforcement would not happen in earnest until years after the Fair Housing Act, not until the Community Reinvestment Act of 1977 required financial institutions go on record about what they considered their market area. The law intentionally created a conundrum for any institution that was redlining: How could it accept deposits from customers to whom it was unwilling to lend?
CityLab: How the Fair Housing Act failed black homeowners Read More »
Bank regulators have not even proposed a plan yet for overhauling the Community Reinvestment Act, but stakeholders likely to weigh in on the plan are already establishing battle lines.
American Banker: No shortage of ideas on CRA overhaul as official plan remains mystery Read More »
The Department of Treasury has released a long-awaited report recommending the first meaningful reform to the Community Reinvestment Act since 1995.
Treasury’s CRA reform has arrived: It’s good, it’s bad, it’s vague Read More »
The report “addressed what we have for a long time talked about with assessment areas. We think that is a step in the right direction,” said John Taylor, President and CEO of NCRC. But Taylor wanted to make sure that regulators do not lose sight of the importance of branch locations if they expand the assessments to other areas.
American Banker: 5 takeaways from Treasury’s call to action on CRA Read More »
Researchers at NCRC compared HOLC maps, the most comprehensive documentation of discriminatory lending practices, with modern-day census data to determine how much neighborhood demographics have changed in 80 years.
Those who don’t have a generous pre-approval letter from a lender in their pocket might find themselves out of luck when they go house hunting. That’s why some of the biggest players in housing finance are making new efforts to open up housing options for low- and middle-income buyers.
