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** Just News
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for June 26, 2020

News and views from the National Community Reinvestment Coalition. Find more at ncrc.org. For continuous updates, follow us on Twitter ([link removed][UNIQID]) and Facebook ([link removed][UNIQID]) .


** News
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Community Reinvestment Groups Sue Trump Administration For Unlawfully Gutting Anti-Redlining Rules
On Thursday, the National Community Reinvestment Coalition and the California Reinvestment Coalition filed suit against the Office of the Comptroller of the Currency for unlawfully eviscerating the vital anti-redlining rules put in place under the Community Reinvestment Act. [Read more] ([link removed][UNIQID])

The CFPB’s Revisions To The Qualified Mortgage Rules (The “GSE Patch”)
This week, the Consumer Financial Protection Bureau announced two notices of proposed rulemaking (NPRMs) extending temporary Qualified Mortgage (QM) rules for loans guaranteed by Fannie Mae and Freddie Mac (the “GSE Patch”) and proposing a price-based general QM loan definition to replace the current debt-to-income-based approach. [Read more] ([link removed][UNIQID])

NCRC Hires Brad Blower As New General Counsel
Brad Blower will work closely with NCRC’s Chief Legal Officer & Chief Operating Officer on litigation, business transactions, compliance and governance, representing the organization on legal issues and advocating to advance NCRC’s mission. [Read more] ([link removed][UNIQID])


** Field Notes
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The Queer Inequities In LGBTQ+ Health
LGBTQ+ individuals face an growing range of health inequities when age, race and ethnicity are held constant. As social determinants of health, issues like financial security and fair housing play a large role in the fight for health equity. [Read more] ([link removed][UNIQID])

Police Brutality Is Not Just A Criminal Justice Issue, But A Public Health Issue Too
By addressing the underlying sources of police brutality through structural change, governments and communities can prevent further acts of brutality and improve the overall health of the public. [Read more] ([link removed][UNIQID])


** Views
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Report: White Supremacy Is The Pre-existing Condition
A new report co-authored by Dedrick Asante-Muhammad, Chief of Equity and Inclusion at NCRC, highlights eight potential solutions that can make real progress in bridging the racial wealth divide. [Read more] ([link removed][UNIQID])

The OCC’s New Emphasis On Essential Infrastructure Will Divert Banks From Low- And Moderate-Income Neighborhoods
The poorly conceived addition of infrastructure as eligible community development will at best be under-utilized and at worst a giant sucking sound draining resources from LMI neighborhoods and even threatening some of them with physical destruction. [Read more] ([link removed][UNIQID])

OCC Cracks Open A Debt Trapdoor
In the middle of a worldwide pandemic and national crisis, the Office of the Comptroller of the Currency (OCC) has taken steps that could undermine the ability of states to protect their residents from the perils of high-cost loans. [Read more] ([link removed][UNIQID])


** Resources
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Resources To Help Support The Black Lives Matter Movement
If you are interested in supporting Black Lives Matter, these resources may be helpful for you. [Read more] ([link removed][UNIQID])

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] ([link removed][UNIQID])


** Webinars
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Lessons From The 2008 Crisis: COVID-19 Response And Recovery
June 30, 1-2:30 pm ET
Join NCRC to discuss the challenges that the 2008 financial crisis presented and how the lessons learned can help us as we work towards recovery once today’s crisis comes to a close. [Register now] ([link removed][UNIQID])

Developing Effective Communication Skills-Part III: Strategies To Manage Generational And Cultural Differences
June 30, 2-3:30 pm ET
Join NCRC's Training Academy to learn how to reduce implicit bias and assumptions that impede communication and recognize the unique differences in values and communication needs based on age, gender and culture. [Register now] ([link removed][UNIQID])

Research Walkthrough - NCRC May Branch Change Report
July 13, 1-1:30 pm ET
Join NCRC’s Director of Research & Evaluation, Jason Richardson, for a breakdown of monthly branch closures. [Register now] ([link removed][UNIQID])


** In the News
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Community Groups Ask Court to Stop Anti-Redlining Rewrite
The National Community Reinvestment Coalition and California Reinvestment Coalition are suing to block the OCC's Community Reinvestment Act rule. [BloombergLaw] ([link removed][UNIQID])

Demonstration Focuses On Gentrification, Evictions And The Quality Of Black Lives
Richmond is among the most gentrified cities in the state, according to a 2019 report from the National Community Reinvestment Coalition. The report found that in four Richmond census tracts the Black population fell 40% from 1990 to 2010. In that same period, the White population increased 30%. [Richmond Times Dispatch] ([link removed][UNIQID])

D.C. Statehood Vote To Make History In The House — And That's About All
Gentrification has changed the face of the District, topping the list of the country’s most gentrified cities from 2000 to 2013, displacing more than 20,000 Black residents over that period, according to a National Community Reinvestment Coalition study. [NBCNews] ([link removed][UNIQID])

Report: San Francisco Is the Most Gentrified U.S. City
San Francisco, Denver and Boston were the most gentrified cities in the country during a five-year period, according to a recent national report released this month by the National Community Reinvestment Coalition. [US News & World Report] ([link removed][UNIQID])

Miami Metro Among Most ‘Intensely Gentrified’ In U.S., Study Says
Gentrification is changing the Miami metro more rapidly than in most other U.S. regions, according to a recent study by the National Community Reinvestment Coalition. [Miami Herald] ([link removed][UNIQID])

COVID-19 Widens Racial Wealth Gap, Hitting Black Businesses Especially Hard
“I don’t think the true pain of this has been discovered yet,” said Dedrick Asante-Muhammad, who serves as chief of race, wealth and community for the National Community Reinvestment Coalition in Washington, D.C. [Rome News Tribune] ([link removed][UNIQID])

Begalka: Yerkes Observatory Example Of Positive Public Involvement
According to the advocacy group National Community Reinvestment Coalition of Washington, D.C., nearly three quarters of the neighborhoods designated as high risk are inhabited by the poor. And 64% are minority neighborhoods. [Northwest Herald] ([link removed][UNIQID])

Black-owned Businesses Face A System Set Up Against Them. COVID-19 Makes It Worse
“If we had the data prior to this moment ... we might have understood the vulnerable position many small businesses are in,” said Jesse Van Tol, chief executive of the National Community Reinvestment Coalition. [L.A.Times] ([link removed][UNIQID])


** On Our Radar
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"It Is Time for Reparations"
Nikole Hannah-Jones explains the history of economic injustice and argues that if black lives are to truly matter in America, the nation must finally pay its debts. [New York Times] ([link removed][UNIQID])

Larry Kudlow Fights Statistics On Black-White Wealth Gap
White House economic adviser Larry Kudlow says he believes the wealth gap between Black and White people has narrowed, and questioned statistics that show the gap now is as wide as it was in the 1960s. [Axios] ([link removed][UNIQID])

Minneapolis Has A Bold Plan To Tackle Racial Inequity. Now It Has To Follow Through
Smith Jones says there is no moving forward in Minneapolis without addressing its systemic inequity, which is part of the city's makeup. Still, she's hopeful and plans to make sure that the voices of disadvantaged communities are centered in the city's rebuilding effort. [NPR] ([link removed][UNIQID])

Rising Seas Threaten an American Institution: The 30-Year Mortgage
Climate change is starting to transform the classic home loan, a fixture of the American experience and financial system that dates back generations. [New York Times] ([link removed][UNIQID])



#AfterThis: A Virtual Hug
Here's something new and different from NCRC to encourage hope, creativity and a Just Economy: afterth.is ([link removed][UNIQID]) .
New to NCRC? Here's our story. ([link removed][UNIQID])
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