2024 Just Economy Conference Recap!
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Just News
for April 25, 2024
News and views from the National Community Reinvestment Coalition. Find more at ncrc.org ([link removed] ) .
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Announcements
Recap: Highlights From The 2024 Just Economy Conference
By NCRC
From across the nation, 1,200 community development leaders, practitioners, policy makers, industry professionals and NCRC members gathered at the 2024 Just Economy Conference ([link removed] ) April 3-4 in Washington, DC. They made new connections and shared knowledge on banking mergers, community land trusts, responsible AI in lending and many other topics. [Read more ([link removed] ) ]
Views
NCRC And 110 Organizations Urge Regulators To Block Capital One-Discover Merger In Detailed Comment Letter
By NCRC
“[T]his merger would reduce options for financially vulnerable customers and reduce the already limited competition on pricing for non-prime credit cards,” the National Community Reinvestment Coalition (NCRC) and 110 co-signers wrote in the letter ([link removed] ) . “Capital One is also an industry leader in filing debt collection civil suits [which] often create financial emergencies where customers are forced to let other bills go unpaid, further trapping them in a vicious cycle of debt.” [Read more ([link removed] ) ]
Videos
Video: Municipal Leaders On Public-Private Partnerships
By NCRC
Cincinnati Mayor Aftab Pureval, Houston’s District F City Councilwoman Tiffany Thomas, and Asahi Pompey, Global Head of Corporate Engagement and President of the Goldman Sachs Foundation will share how local policy and elected officials partner with financial and other anchor institutions such as hospitals, higher ed, and corporations to invest in affordable housing, scaling minority business enterprises through procurement and technical assistance, workforce development initiatives, and other programs that support equitable creation of wealth. [Watch ([link removed] ) here ([link removed] ) ]
Jesse Van Tol’s Keynote Speech At The 2024 Just Economy Conference
"Capital One is a bad actor. “Notorious” might be a better word. Because anyone who’s been paying attention to how Capital One moves for the past couple decades knows this is not a company that our communities can rely on. We saw that when Capital One bought ING Direct, a decade ago. It made a $180 billion ten-year commitment to communities, that wasn’t worth the paper it was printed on. ...The one part of the commitment that was good – a commitment to mortgage lending – turned out to be false promise, as Capital One abandoned the mortgage business just a few years later." [Read more ([link removed] ) ]
Events
Insight From Root Cause Coalition's Latest Maternal And Women's Health Research
April 30, 12 pm EDT
Join The Root Cause Coalition (TRCC) on April 30 at 12 pm ET for the release of their latest public insights survey on maternal and women’s health. This research uncovers attitudes, perceptions and experiences with maternal and women’s health in the US. Particularly discussed are challenges/barriers associated with receiving adequate care, access to nutritious food and how different types of health (mental, spiritual, physical, etc.) are viewed within a community. [Register here ([link removed] ) ]
CRAF SUMMIT24
May 1, 8:00 am - 5:00 pm EDT
Join NCRC President and CEO Jesse Van Tol at the Community Reinvestment Alliance of Florida’s CRAF Summit24, where you will have the opportunity to connect with a diverse range of community-based organizations, esteemed financial institutions, prominent officials, and renowned national speakers. Come and participate in thought-provoking discussions and initiatives that directly impact your community. [Register here ([link removed] ) ]
In The News
Revitalizing America: Senators Introduce Game-Changing Land Banking Act
By Maryann Pugh, My ChesCo
Heavily endorsed by an array of entities, including the National Association of Counties, the Local Initiatives Support Corporation, and the National Community Reinvestment Coalition, the Neighborhood Revitalization and Land Banking Act sets the stage for a potential nationwide revamp of blighted areas, injecting momentum into the efforts of land banks nationwide. Its implications are far-reaching – and in the eyes of many, a much-needed impetus to the revitalization of our communities. [Read more ([link removed] ) ]
On Our Radar
Households With A White, Non-Hispanic Householder Were Ten Times Wealthier Than Those With A Black Householder In 2021
By Briana Sullivan, Donald Hays, and Neil Bennet, United States Census Bureau
In 2021, households with a White householder made up 65.3% of all U.S. households and held 80.0% of all wealth.
Those with a Black householder made up 13.6% of all U.S. households but held only 4.7% of all wealth. And their median wealth ($24,520) was about one-tenth the median wealth of households with a White householder ($250,400). [Read More ([link removed] ) ]
Undesign The Redline Explores The Racist Housing Policies That Shaped Upper Northwest
By Cat Sposato, Washington City Paper
Undesign the Redline is an interactive exhibit that examines the racially segregated history of upper Northwest’s land development, explains the larger history of redlining across Ward 3, and explores the policies enacted to deny residents of color—with a particular focus on Black residents—access to homeownership in the area. [Read More ([link removed] ) ]
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 ([link removed] ) ]
Learning & Training Hub
Register for NCRC's catalog of professional development courses for community development leaders. [Learn ([link removed] ) more ([link removed] ) ]
Research And Reports
We have an extensive library of research and reports that dates back many years! [View all ([link removed] ) ]
Racial Wealth Snapshots
Browse our catalog of socioeconomic briefs. [View all ([link removed] ) ]
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 and share the pledge to help us expand the movement for a Just Economy. [Sign and Share ([link removed] ) ]
Member Hub
NCRC members: Don't forget you have access to our member hub ([link removed] ) ! Learn more about membership here ([link removed] ) . You can join as an organization or an individual ([link removed] ) .
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 ([link removed] ) ]
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