NCRC Announces Fellowship For Equitable Development Cohort For 2024-2025 By NCRC
The fellowship placements cover a wide range of economic justice and community development organizations working to tackle the significant challenges facing the community development sector over the coming years, from climate change and widening wealth inequality to food insecurity, extreme housing shortages and other needs.[Read more]
Views
Important Tax Policy Fights Are Coming. Here Are The Ones Economic Justice Advocates Should Look Out For In 2025.
By Manan Shah
A new presidential administration and Congress will shape the future of our tax code, particularly how it distributes wealth and income across households. This presents an opportunity for economic justice groups to advocate for tax policies that provide relief to low- and moderate-income (LMI) families and carve a path towards economic mobility. [Read more]
A Fragile Economy Awaits President-Elect Trump’s Promised Upheavals: November 2024 Race, Jobs, and the Economy Update By Joseph Dean
The lackluster job figures highlight other weaknesses that can be seen throughout the economy. The BLS revised August and September’s job gains downward by over 100,000. This is particularly concerning as August’s downward revision of 81,000 jobs was larger than the 78,000 jobs gain in the final count. Additionally, household debt and debt delinquencies continue to rise, putting pressure on family finances. [Read more]
Videos
Just Economy Conversations: Preserving Homeownership and Wealth Creation by Addressing Heirs’ Property and Tangled Titles
By NCRC
Presenters discussed residential heirs’ property in urban and rural areas, describing the risks they pose for long-term homeownership and the limits they place on family wealth building. They also considered proposed housing finance solutions needed to support heirs’ property owners and successful efforts in New York City, with a focus on lending programs that include eligibility for heirs’ property owners. [Watch here]
Research
The Racial Wealth Gap 1992 to 2022
By Joseph Dean
Black households are increasingly dependent on homeownership as a wealth-building strategy. Yet homeownership is out of reach for most low- and moderate-income (LMI) families.[Read more]
Events
Illinois Community Reinvestment Act Roundtable December 6, 10 am - 12 pm ET
Join for a presentation and Q&A with CRA experts to learn more about what the IL CRA does, how it can benefit your community, and how you can connect with new partners, followed by a chance to connect with community-based organizations and IL CRA covered lenders. Light refreshments will be served.[Register here]
Educación Efectiva Después de la Compra: Estrategias para Practicantes de HUD December 10, 2 - 3:30 pm ET
Este curso proporciona a los practicantes de HUD estrategias de alto impacto para apoyar a los propietarios después de adquirir una vivienda. Educación Efectiva Después de la Compra se centra en construir un éxito a largo plazo, abordando temas como la elaboración de presupuestos, el mantenimiento del hogar, cómo evitar la ejecución hipotecaria y el acceso a recursos comunitarios. A través de lecciones interactivas, los participantes obtendrán herramientas y técnicas necesarias para brindar educación personalizada y efectiva, fomentando la propiedad sostenible en comunidades diversas.[Register here]
In The News
UNM Students Earn NCRC Fellowship To Advance Public Administration Careers By University of New Mexico Newsroom
Two UNM School of Public Administration students, Abigail Amankwah and Matt Aranez, were recently selected for the 2024 National Community Reinvestment Coalition Fellowship program.[Read more]
Unbanked Rates Are Down Across The US But Trending Up In Ohio By Jeremy Nobile, Crain's Cleveland Business
“The Community Reinvestment Act is one powerful tool promoting bank access, but cynical lobbyists and banks like Capital One are suing to hide their deposit product pricing from CRA examiners,” said NCRC President and CEO Jesse Van Tol. [Read more]
On Our Radar
Old National Acquiring Bremer Financial In $1.4 Billion Deal, Much Less Than Previous Estimates By Mike Hughlett, Minnesota Star Tribune
St. Paul-based Bremer Financial, the second largest bank based in Minnesota, will be sold to Old National Bank for $1.4 billion, culminating a five-year saga over Bremer’s future. On Monday, Bremer and Evansville, Ind.-based Old National announced the deal, which will create the third-largest bank in Minnesota as measured by deposits. [Read more]
Walmart Becomes Latest — And Biggest — Company To Roll Back Its DEI Policies By Anne D'Innocenzio, AP News
The changes, confirmed by Walmart on Monday, are sweeping and include everything from not renewing a five-year commitment for an equity racial center set up in 2020 after the police killing of George Floyd, to pulling out of a prominent gay rights index. [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! [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 and share the pledge 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]
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