A Maryland CRA Law Would Marshall Considerable Resources For Increasing Racial Equity And Reinvestment
Josh Silver, NCRC
Maryland’s state motto is strong deeds but gentle words. This maxim is a good way to approach the need for Maryland to enact a state Community Reinvestment Act (CRA). The strong deeds would be significant increases in loans, investments and services in communities of color and modest-income neighborhoods across the state – in both urban and rural areas. The gentle words would be the law’s carefully balanced incentives which are not overly punitive or onerous but nonetheless provide effective motivation for banks and non-bank financial institutions to better serve overlooked communities. [Read more]
Views
Understanding The Dire Economic And Health Inequities Facing Transgender Americans
By Magdalena Mysliwiec, NCRC
In recognition of Pride Month this June, this piece details the special threats to health equity that haunt the transgender community. [Read more]
Don’t Fear The Data: Why The Lawsuit To Repeal Section 1071 Is Wrong
By Kevin Hill, NCRC
Banking industry leaders are suing to dismantle a crucial new data collection effort designed to root out discrimination in small business lending. Their facts are wrong. Their motives are suspect. And the public should understand the mischaracterizations that undergird their lawsuit. [Read more]
Connecticut Baby Bonds: The Beginning of Bridging the Racial Wealth Divide?
By Dedrick Asante-Muhammad, NCRC
Connecticut's baby bonds program will mean that from July 1 onward, every child born into poverty in Connecticut will have an investment waiting for them when they turn 18. [Read more]
News
NCRC Statement On Appraisal Bias Efforts Announced By VP Kamala Harris
By NCRC
“The PAVE task force’s push to detect and cure discrimination in a business that is vital to family wealth-building is welcome news – including its proposed rule to ensure the credibility and integrity of Automated Valuation Models (AVMs) used by appraisers,” NCRC President and CEO Jesse Van Tol said. [Read more]
Banking Bad Actors KeyBank, Capital One Lose Their Access To New York City’s Business
By NCRC
"Good cities shouldn’t do business with bad banks, so it’s great to see the New York commissioners take action here,” National Community Reinvestment Coalition (NCRC) President and CEO Jesse Van Tol said. “KeyBank and Capital One have atrocious track records of not just under-serving but actively harming the interests of low-wealth communities and people of color." [Read more]
Events
Racial Equity: A Journey Of Understanding And Action
June 20 - June 21, 12 pm - 4 pm ET
Racism is a systemic issue that significantly impacts many aspects of life, including health, education, criminal justice, and the economy. This racial equity training overview is designed to help individuals understand the impact of racism on society and how it affects individuals, organizations, and communities. [Register here]
Fast Track To Certification
June 26 – June 30, 9 pm - 6 pm ET
Preparing for the HUD Housing Counseling Exam can be daunting when tackling it on your own. Research shows that working together in a collaborative environment allows individuals to learn the material better than when working alone. Join other housing counselors in this virtual experience where peer discussion, exploration of the six core topics on the exam, and interactive activities will stimulate all learning styles. [Register here]
In the News
What Explains The Association Between Historic Redlining And Increased Community-Level Stroke Risk?
By Gina Shaw, Neurology Today
A study published by the National Community Reinvestment Coalition in fall 2020, involving more than 12,000 census tracts nationwide, found statistically significant associations between greater redlining and stroke as well as chronic conditions such as asthma, chronic obstructive pulmonary disease, diabetes, hypertension, high high cholesterol, kidney disease, and obesity. [Read more]
On Our Radar
Affordable Housing Woes Paint A ‘Bleak Picture’
By Patrick Sisson, The New York Time
Erika Velez considers herself lucky. A 31-year old single mother in San Antonio, she had been struggling to find a place to live since last June, when she fell behind on rent and spent months bouncing between sleeping on friends’ couches and in her car. [Read more]
Resources
Work And Meet At The Just Economy Club It's aDC hubfor 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]
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]
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