NCRC Files Lawsuit Against CFPB for 1071; Data Drives The Movement; and more member highlights!
NCRC

Just News

for July 24, 2025

 

News and views from the National Community Reinvestment Coalition. Find more at ncrc.org.

For continuous updates, follow us on Twitter, Facebook, LinkedIn,Instagram and TikTok.

Announcements 

 

Civil Rights, Business and Economic Justice Advocates Sue Trump-Vance Administration For Rollback of Anti-Discrimination Lending Rule

By NCRC

A coalition of civil rights, small business and economic justice advocates filed a lawsuit today in the U.S. District Court for the District of Columbia against the Consumer Financial Protection Bureau (CFPB) and Acting Director Russell Vought for unlawfully abandoning implementation of a small business lending data collection rule mandated by Congress to prevent discrimination and support underserved entrepreneurs. [Read more]

Views

 

Data Drives The Movement: NCRC’s Various Data And Research Resources For Members

By Jason Richardson

In our latest webinar, NCRC’s research team walked through how these reports work, what data points are tracked and how member organizations can get custom analyses tailored to their communities and priorities. [Read more]

 

Virginia Community Voice Empowers Residents To Create Change In Historically Marginalized Neighborhoods

By Kaitlyn Ridel

For the past decade, Richmond’s Virginia Community Voice (VACV) has been a blueprint for how organizations can drive equitable community engagement, amplify citizens’ voices and foster radical healing in their own backyards. [Read more]

 

The Stalling of the Job Market: July 2025 Race, Jobs and the Economy Update

By Joseph Dean

The labor market added 147,000 new jobs last month while the unemployment rate declined to 4.1%. Both metrics were met with surprise by macroeconomic forecasters as they were considerably outside of consensus estimates. [Read more] 

 

First Do No Harm: How Hospital Mergers Hurt Communities

By Devin Thompson

Hospitals are the largest employers in many cities, serving as major economic anchors for their communities. When a hospital merges with a local competitor or downsizes, the ripple effects can harm local jobs, small businesses and even property values. [Read more]

 

Changing The Landscape: How Community Development Advocates Build Capacity And Power In Philadelphia

By Akin Olla

The future of housing often feels solely in the hands of large private developers and politicians. But the Philadelphia Association of Community Development Corporations (PACDC) has spent the last three decades working to tip the scales in favor of everyday people. [Read more]

News

 

NCRC Statement On Joint FDIC, OCC And Federal Reserve Announcement Of New Community Reinvestment Act Rulemaking

By NCRC

“The 2023 CRA final rule was a carefully hewn compromise that brought banking regulation into the digital age in important ways while relaxing community oversight of far too many large banks. It is a shame to see the years of work and deliberation that went into it turn to nothing." [Read More]

 

NCRC To Host In-Person Housing Counseling Training In September

By NCRC

NCRC's National Training Academy (NTA) will host a dynamic 3-day in-person housing counseling training in Washington, DC, September 3-5, 2025. The course series is designed to strengthen the skills, strategies and resilience of housing counselors at every stage of their careers. [Register here]

Research

 

Mortgage Market Series

By NCRC

The Home Mortgage Disclosure Act data is collected and released each year by the Consumer Financial Protection Bureau. This dataset offers unparalleled details about 88% of the mortgage applications processed each year. This information is critical for any regulator, advocate or lender that wants to understand the market. Data of this kind promotes fair and efficient markets. This series of research briefs will offer a deep analysis of this data and help policymakers, the general public and National Community Reinvestment Coalition members understand current mortgage market trends at the local level. [Read more]

Events

 

Get Funded: Financial Readiness & Capital Access 

August 6 - 7, 8 am – 5 pm ET

Join NCRC CDF for the two-day virtual event, Get Funded: Financial Readiness & Capital Access. The event is designed to equip entrepreneurs with tools and guidance to become funding-ready, including the opportunity to hear directly from the contestants of our Get Funded: Pitch Competition. [Register here]

 

Managing Financial Health During Growth: Sustaining Business Expansion

August 14, 10 am ET

Growth is exciting – but it can also strain your finances if not managed wisely. As your business expands, so do your expenses, responsibilities and risks. This webinar will explore how to maintain financial health while scaling, so you don’t outgrow your resources. [Register here]

 

Surviving The Next Three Years: A Roadmap For Housing Counselors

August 14, 2 pm ET

The next three years will challenge housing counselors like never before. This course offers practical tools, strategic insight, and real-world examples to help you adapt, stay compliant, and continue serving your community in a changing landscape. [Register here]

In The News

 

Consumer Groups Sue CFPB Over Small-Business Data Rule

By Kate Berry, American Banker

"We are suing to make them adhere to the law and fulfill their responsibilities to the American people," Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, said in a press release Wednesday. [Read more]

On Our Radar

 

Kansas City Poured Millions Into A Grocery Store. It Still May Close

By Annie Gowen

KC Sun Fresh lost $885,000 last year and now has only about 4,000 shoppers a week. That’s down from 14,000 a few years ago, according to Emmet Pierson Jr., who leads Community Builders of Kansas City, the nonprofit that leases the site from the city. Despite a recent $750,000 cash infusion from the city, the shelves are almost bare. [Read more]

 

1.4 Million Of The Nation’s Poorest Renters Risk Losing Their Homes With Trump’s Proposed HUD Time Limit

By Sally Ho and Charlotte Kramon, AP News

Researchers from the Housing Solutions Lab at New York University’s Furman Center analyzed HUD’s data over a 10-year period and found about 70% of households who could be affected by a two-year limit had already been living on those subsidies for two or more years. [Read more]

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. [Read more]

Learning & Training Hub
Register for NCRC's catalog of professional development courses. [Learn more]

Research And Reports
We have an extensive library of research and reports that dates back many years! [View all]

 

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]

 

Sign And Share The Just Economy Pledge
Help us expand the movement for a Just Economy. [Sign and Share]

 

Member Hub
NCRC members: Don't forget you have access to our member hub! Learn more about membership here. You can join as an organization or an individual.

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