NCRC ([link removed] )
Just News
for December 5, 2025
News and views from the National Community Reinvestment Coalition. Find more at ncrc.org ([link removed] ) .
For continuous updates, follow us on Twitter ([link removed] ) , Facebook ([link removed] ) , LinkedIn ([link removed] ) , Instagram ([link removed] ) and TikTok ([link removed] ) .
Announcements
2026 Just Economy Conference Featured Speaker: Heather McGhee
McGhee is a renowned public policy expert, author and advocate dedicated to designing and promoting solutions to inequality in America. Her New York Times bestselling book, The Sum of Us: What Racism Costs Everyone and How We Can Prosper Together, was hailed as “The book that should change how progressives talk about race” and “required reading to move the country forward.” [Register Now ([link removed] ) ]
NCRC Announces Launch Of The Just Economy Lab
The Just Economy Lab will bring NCRC members and other community leaders together in small groups based on the priority themes identified in Nashville. Nominations to join the Lab are due by December 15. [Learn More ([link removed] ) ]
Views
Funding Futures: Scale Link’s New Secondary Market For CDFI Loans Is Strengthening Underserved Small Businesses
By Timantha Goff
Locally-owned small businesses are almost universally admired. Yet, in a banking industry where bigger is seen as better, warm words rarely translate into hard cash. Learn more about Scale Link's secondary market business model helping capacity-constrained CDFI capital move faster and smoother to small businesses via cross-sector partnerships with banks. [Read more ([link removed] ) ]
Building Stronger State SNAP E&T Networks: Lessons from NCRC’s Tennessee Convening
By Simon Wang
On September 8, 2025, NCRC's Economic Mobility team convened current third-party providers (TPP), intermediary organizations and state agency representatives for a day of collaboration and peer-to-peer learning about the SNAP E&T program in Tennessee. Learn more about how the Tennessee model provides a framework for supporting state-level workforce development networks to advance economic mobility for SNAP recipients nationwide, even at a time of significant change for food assistance programs. [Read more ([link removed] ) ]
Research
Data Centers Won’t Stop The Labor Market Slowdown: November 2025 Race, Jobs and Economy Update
By Joseph Dean
Artificial intelligence (AI) was the top reason for job cuts in October, accounting for a fifth of all staffing reductions. Also, while the data centers tied to AI are touted as investments that will reap transformative future benefits to local economies, they remain controversial for the communities in which they are located. [Read more ([link removed] ) ]
Mortgage Market Report Series – Part 5: Top 50 Home Purchase Lenders Analysis For 2024
By Jason Richardson
By examining home purchase lending – the primary pathway for first-time homebuyers and those seeking to grow wealth through homeownership – we reveal a market dominated by non-bank mortgage companies. This market is plagued by a severe crisis in serving low- and moderate-income borrowers and characterized by troubling disparities in demographic access. [Read more ([link removed] ) ]
Comments
NCRC Comment In Opposition To Crypto.com’s National Trust Charter Application
By NCRC
The OCC must reject Crypto.com’s application for a national trust bank charter. Granting a national trust bank charter to Crypto.com would enable regulatory arbitrage, reduce investment into community development, risk significant harm to consumers and communities, and would create systemic risk. [Read more ([link removed] ) ]
NCRC Comment In Opposition To Stripe Inc’s National Trust Charter Application
By NCRC
Granting Stripe a national trust bank charter would establish a fiduciary relationship between BNTB and consumers nationwide, allowing BNTB to offer custodial services, hold consumer funds, and manage settlements. The OCC must reject Stripe’s application for a national trust bank charter due to serious concerns regarding Stripe’s disregard for enforcement, governance, compliance, and consumer protection laws. [Read more ([link removed] ) ]
Events
A United Native Voice: Speaking Truth, Shaping Policy
December 8, 8 am - 5 pm ET
Join NCRC CEO Jesse Van Tol at the 6th Annual Native CDFI Policy & Capacity Building Summit in Washington, DC. As federal policy continues to evolve, the voices of Native CDFIs are more important—and more powerful—than ever. This year’s theme, A United Native Voice: Speaking Truth, Shaping Policy, reflects a shared commitment to stand together, tell our stories, and shape the future of policy in ways that respect Tribal sovereignty, expand economic opportunity, and strengthen the path to economic independence for Native communities. [Register here ([link removed] ) ]
SNAP E&T Basics: Turning Public Benefits Into Pathways To Economic Stability
December 10, 1 - 2 pm ET
In the first of a 5-part series covering the essentials of SNAP E&T, NCRC’s Economic Mobility team will introduce the program’s basics. We will share how community-based organizations can evaluate their own employment, training, and support services for alignment with SNAP E&T requirements. The session will cover eligibility guidelines, program components, the distinction between state- and county-administered systems, importance of state plans, and key steps and timelines for third-party provider onboarding. [Register here ([link removed] ) ]
In The News
Meet Our Winter 2025–26 Partner Bookstore! Baldwin & Co
By Ann Kjellberg, Book Post
An Essence story on Baldwin & Co observed that a report from The National Community Reinvestment Coalition (NCRC) had recently found New Orleans to be “gentrifying at an abnormally rapid rate” compared to other cities in its Gentrification and Disinvestment 2020 report. [Read more ([link removed] ) ]
Stripe Faces Bank Charter Pushback
By Patrick Cooley, Payments Dive
The National Community Reinvestment Coalition says the Office of the Comptroller of the Currency charter would let Stripe sidestep regulations, and offer the fintech legitimacy it does not deserve. [Read more ([link removed] ) ]
On Our Radar
Prices In The Machine
By David Dayen, The American Prospect
Yerushalmi once ran AI for a high-speed stock trading firm. He approaches pricing like a science experiment, engaging in constant real-time testing and tweaking to maximize corporate profits. Fetcherr boasts of delivering annual “revenue uplift” of over 10 percent. The guinea pigs for these tests, the ones being separated from their cash, are you and me. [Read more ([link removed] ) ]
House Bill Would Redirect Immigration Enforcement Funds To Housing
By Diana Ionescu, Planetizen
US Representative Jimmy Gomez has introduced a bill that would redirect billions in federal dollars from immigration enforcement to programs that help Americans achieve homeownership, reports Giulia Carbonaro in Newsweek. [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. [Read more ([link removed] ) ]
Learning & Training Hub
Register for NCRC's catalog of professional development courses. [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] ) ]
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] ) ]
Sign And Share The Just Economy Pledge
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] ) .
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