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Just News

for April 21, 2023

 

News and views from the National Community Reinvestment Coalition. Find more at ncrc.org.

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Research

 

Initial Analysis Of Final Section 1071 Small Business Lending Rule

By Kevin Hill, NCRC

Discrimination in small business lending will be easier to identify and root out. This is an important new rule that applies to the full spectrum of small business lending, removing fog from a key area of financial service provision that is directly tied to racial wealth divides. [Read more]

Views

Money Talks: How Financial Literacy Education Can Transform The Lives Of Second-Generation Immigrants

By Aditi Agarwal and Monica Grover, NCRC

States are working to enhance financial literacy education in schools -- But will the specific needs of immigrant families be served? [Read more]

Podcast

 

Jelani Cobb, Karen Attiah And Our Body Politic At The 2023 Just Economy Conference

By NCRC

The conversation was recorded at the 2023 Just Economy Conference for the public radio program and podcast Our Body Politic. [Read more]

In the News

 

Birmingham City Council Creates New Fair Housing Committee

By Greg Garrison, Alabama News

Among its initiatives to improve housing opportunities, Birmingham has partnered with the National Community Reinvestment Coalition in a program called GROWTH by NCRC to build 200 homes around the city, with Woodlawn and Oak Hill in Belview Heights as initial demonstrations of that plan. [Read more]

 

Regulators Propose Updates to Community Reinvestment Act Rules

By Ayo Aladesanmi, The Regulatory Review

The National Community Reinvestment Coalition (NCRC), a non-profit advocacy organization focused on fair housing and banking, also published a list of areas where the proposed updates to CRA regulations “fall far short.” According to the NCRC’s report, some of the proposed financial regulations will ultimately limit regulators’ abilities to “remedy the persisting legacy of discrimination in the areas covered by the CRA.” [Read more]

On Our Radar

 

Single-family Building Is Picking Up. But Can It Help Solve The Housing Shortage?

By Adam Barnes, The Hill

Commerce Department data released on Tuesday showed an overall 0.8% decrease in housing starts in March, led by a decline in construction of new multifamily units — buildings with five or more units — which fell by 6.7%. [Read more]

 

California Needs More Homes. So Why Are These Sitting Vacant?

By Erica Werner, The Washington Post

The empty houses belong to the state highway authority, which bought them decades ago to make way for an extension of Interstate 710 that never got built. Now, what began as failed transportation policy has become failed housing policy, exacerbated by the kind of litigation and infighting that can make even the simplest issues in California tremendously hard to solve. [Read more]

Resources


Work And Meet At The Just Economy Club
It's a DC hub for nonprofits and the social sector, around the corner from the White House. Move your team into a private office or host your meetings and events or hang out in the lounge. [Read more]

Learning & Training Hub
Register for NCRC's catalog of professional development courses for community development leaders. [Learn more]

Research And Reports
We have an extensive library of research and reports that dates back many years; now available in one convenient location! [View all]

Racial Wealth Snapshots
Browse our catalog of socioeconomic briefs and infographics. [View all]

Sign And Share The Just Economy Pledge
America should not only promise but deliver to all Americans opportunities to build wealth and live well. Sign the pledge and share it to help us expand the movement for a Just Economy. [Sign and Share]

Member Hub
NCRC members: Don't forget you have access to our member hub! Learn more about membership here. You can join as an organization or an individual.

Fair Lending Tool
Use our interactive tool to produce a report on mortgages, small business lending and bank branch networks for any city, county or metro area in the nation. [Access the tool here]

TreasureCRA
Keep up and catch up on plans to strengthen the Community Reinvestment Act. [Read more]

Jobs

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