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Just News

for December 6, 2024

News and views from the National Community Reinvestment Coalition. Find more at ncrc.org ([link removed] ) .

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News

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 ([link removed] ) ]

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 ([link removed] ) ]

Testimony & Regulatory Comments

NCRC Memo On Fannie Mae's And Freddie Mac's 2025-2027 Equitable And Underserved Markets Plan

By NCRC

This memo first looks at the Equitable Housing Plans and then the Underserved Markets Plans. It will not attempt to cover all aspects of these plans but instead focuses on priority issues for NCRC. [Read more ([link removed] ) ]

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 ([link removed] ) ]

Events

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 ([link removed] ) ]

Group Counseling Session: Master Design And Website Development With Canva For Business

December 12, 10 am - 12 pm ET

In this workshop series, learn how to create stunning designs efficiently using Canva for Business, including effective website design. Discover tips, tricks, and advanced techniques to elevate your design game and create impactful visuals for your brand and online presence. [Register here ([link removed] ) ]

In The News

Trump Could Dismantle Newly Built Guardrails Around Your Wallet, Consumer Groups Warn

By J.J. McCorvey, NBC News

Jesse Van Tol, who leads the National Community Reinvestment Coalition, which focuses on wealth-building in underserved communities, said that “gutting the CFPB is an open invitation to the worst actors in our economy to start screwing over working people again.” He called the agency “the most effective protector of working-class wallets in modern American history.” [Read more ([link removed] ) ]

Why Residents Love Living In Woodlawn, Including The Woodlawn Sunday Dinner

By Callie Morrison, Bham Now

Thanks to partnerships with the National Community Reinvestment Coalition, The Birmingham Land Bank Authority and the City of Birmingham, 40 new homes have been constructed in Woodlawn since 2016. [Read more ([link removed] ) ]

On Our Radar

Banks Hit Credit Card Users With Higher Rates In Response To Regulation That May Never Arrive

By Hugh Son, CNBC

On Nov. 22, CNBC reported that rates on a wide swath of retail cards have jumped in the past year, reaching as high as 35.99%. Synchrony and Bread raised the annual percentage rates, or APRs, on their portfolios by an average of 3 to 5 percentage points, according to Sakhrani. On top of that, customers of the two banks have been given notice of new monthly fees of between $1.99 and $2.99 for receiving paper statements. [Read more ([link removed] ) ]

Walmart Becomes Latest — And Biggest — Company To Roll Back Its DEI Policies

By Jonathan Weil, Wall Street Journal

Bank stocks have been up since Election Day. So have the tail risks.

The S&P regional banks index has gained 12% since Nov. 5, which is understandable. The industry is anticipating looser regulation and a relaxation of the requirements for how much capital banks must hold as a cushion against unexpected losses. Those developments may help earnings in the coming years. [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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