News
NCRC: The New CARES Act Doesn’t Care Enough
As huge as it was, this bill also skipped other critical issues that will have to be addressed in another bill, and soon, including additional assistance to struggling homeowners, renters, landlords and people experiencing homelessness. [Read more]
NCRC, Prosperity Now Call On Congress, Trump Administration For Additional Relief Efforts
Prosperity Now and the National Community Reinvestment Coalition (NCRC) called on Congress and the Trump Administration to prioritize a set of housing, small business and income-related needs building on the the CARES Act and through enactment of new recovery efforts. [Read more]
NCRC Calls On Congress To Earmark New PPP Funding For Businesses With Less Than 20 Employees
Three things should happen immediately for small businesses kept out of the first round of the Payment Protection Program. [Read more]
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Views
Comments On Proposed CRA Rule: Pause And Go Back To Drawing Board
An update is needed but not one that is hastily implemented and would weaken the law in a misguided effort to simplify and clarify CRA rules. [Read more]
Good Health Is More Than Just The Absence Of Illness
Sometimes lost in the discussion about affordability are other factors that impact the health and wellness of residents, especially those related to mental health. [Read more]
Removal Of The Affirmatively Furthering Fair Housing Rule, COVID-19 And The Dangers To The Lives Of African Americans
The poor implementation of affirmatively furthering fair housing (AFFH) has taken a significant toll on the health of African Americans. [Read more]
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Field Notes
When Americans Need Safe Shelter The Most, Some Will Be Turned Away Because Of Their Gender Identity
The COVID-19 crisis has increased America’s already considerable need for safe, accessible shelters. So this seems as good a time as any to point out that many domestic violence shelters and homeless shelters will flat-out reject potential residents for being transgender and/or non-binary - or place them in separate, isolated housing. [Read more]
Mental Health, Financial Health And Banking During COVID-19
Dealing with the current global pandemic isn't easy for anyone, but for people with mental illness, who are more likely than others to be poor and struggling financially, it is likely even harder. [Read more]
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Research
CFPB Provides Advice, Guidance On COVID-19 Resources
Here are a few resources that you should bookmark and follow the CFPB to keep up with changing options that can help your family in the days ahead. [Read more]
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Resource
NCRC COVID-19 Resource Page
We've compiled and are updating an index of COVID-19 resources for communities, small businesses, individuals and organizations that serve them, such as housing counseling agencies. [Read more]
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Webinar
Financial Capability During COVID-19, April 30
Come join us for this 90 minute webinar and gain practical information on credit, tips and strategies about finances, and helpful information on how to help your clients take the necessary precautions to protect themselves from scams. [Register now]
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On Our Radar
The Health Emergency That’s Coming to West Louisville
The spread of COVID-19 into communities long suffering from environmental inequities could spell disaster for local residents, like in Louisville, Kentucky.
[CityLab]
Banks Gave Richest Clients ‘Concierge Treatment’ for Pandemic Aid
Some businesses seeking coronavirus loans got to avoid flaky online portals or backed-up queues. Many other small businesses couldn’t get their loan requests submitted before the money dried up. [New York Times]
14% of women considered quitting their jobs because of the coronavirus pandemic
Conflicting childcare, homeschooling and work responsibilities are leading 14% of women to consider dropping out of work, a trend that could have serious consequences for women's financial security. [Fortune]
McConnell Says He Favors Allowing States to Declare Bankruptcy
Senate Majority Leader Mitch McConnell said Wednesday he favors allowing states struggling with high public employee pension costs amid the burdens of the pandemic response to declare bankruptcy rather than giving them a federal bailout. [Bloomberg]
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#AfterThis: A Virtual Hug
Here's something new and different from NCRC to encourage hope, creativity and a Just Economy: afterth.is.
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