News, updates & more
View this email in your browser ([link removed])
[link removed][UNIQID]
** Just News
------------------------------------------------------------
for July 23, 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
------------------------------------------------------------
Leading Civil Rights & Housing Groups Condemn President’s Effort To Gut Fair Housing, Use Of Incendiary Racial Rhetoric For Political Gain
Fair housing advocates denounce Trump’s newest effort to eliminate a critical tool to desegregate communities and call on the president to instead concentrate on ensuring housing equity during a pandemic. [Read more] ([link removed][UNIQID])
NCRC Statement On Affirmatively Furthering Fair Housing Executive Order
Today, the Department of Housing and Urban Development’s (HUD) replaced the 2015 Affirmatively Furthering Fair Housing (AFFH) rule with a much weaker one, and without any public comment on the new rule. The new rule will set a much lower bar, essentially relying on local governments to self-certify that they are “furthering fair housing.” [Read more] ([link removed][UNIQID])
NCRC Dismayed By OCC’s Intention To Establish A True Lender Standard
On Monday, the Office of the Comptroller of the Currency (OCC) announced a proposed rule on the true lender doctrine. Under the proposal, a bank is considered to be the “true lender” if it is named as the lender or if it funds the loan. [Read more] ([link removed][UNIQID])
NCRC Mourns The Loss Of John Lewis
Thank you for your dedication and persistence. Thank you for your leadership. May you rest in power. [Read more] ([link removed][UNIQID])
** Views
------------------------------------------------------------
US Immigrants Face Unique Challenges During The Pandemic
Immigrants play a central role in the U.S. economy, especially as essential workers and workers in industries hardest hit by the pandemic’s economic impact. [Read more] ([link removed][UNIQID])
Homelessness During COVID And Beyond
Those experiencing homelessness are especially vulnerable to getting sick due to previous health conditions and lack of access to general wellness care. [Read more] ([link removed][UNIQID])
African Americans Are Missing Ten Trillion Dollars Of Wealth
For African Americans to own a share of the wealth proportionate to their 13% of the population, they’d require another $10 trillion of wealth. [ ([link removed]) Read more] ([link removed][UNIQID])
** Field Notes
------------------------------------------------------------
Young Scholar Starts At The Intersection Of Residential Segregation And Health
When our communications team was asked to review and possibly publish an article by Julia Perrino, we were immediately impressed with her writing ability. When we realized she was in high school, we knew we had to do a complemental story just on her. [Read more] ([link removed][UNIQID])
The Expansion Of Telemedicine Underscores Existing Disparities In Healthcare Access
The COVID-19 pandemic has led to an increased use of telemedicine, demonstrating the benefits of remote care. It has also amplified disparities in healthcare. [Read more] ([link removed][UNIQID]&mc_cid=d10fa175fc&mc_eid=[UNIQID])
** Resources
------------------------------------------------------------
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])
** Upcoming Events
------------------------------------------------------------
Opportunity Zones And Gentrification
July 28, 1-2:30 pm ET
How can communities leverage them? How are they actually being used currently and what impact are they having on low-income communities? What is their relationship with Gentrification? Join NCRC's webinar to dive into these questions. [Register now] ([link removed][UNIQID])
Federal Agency Strategies For Reducing Elder Fraud
August 4, 1-2 pm ET
Join NCRC to discuss efforts addressing scams targeting the elderly. [Register now] ([link removed][UNIQID]&mc_cid=d10fa175fc&mc_eid=[UNIQID])
** In the News
------------------------------------------------------------
Racism In PPP Loans Is No Surprise
New research suggests that Black business owners seeking PPP loans are treated less favorably than White applicants. The study, conducted by the National Community Reinvestment Coalition, used match-paired testers, a common method for showing discrimination in housing, lending and employment. [Seattle Times] ([link removed][UNIQID])
Surprise, Surprise. Big Banks’ Racism Blocked Blacks’ Access To PPP Loans | Opinion
New research suggests that Black business owners seeking PPP loans are treated less favorably than White applicants. The study, conducted by the National Community Reinvestment Coalition, used match-paired testers, a common method for showing discrimination in housing, lending and employment. [Miami Herald] ([link removed][UNIQID])
Luxury Real Estate Tax Could Net Boston Millions In Revenue
In June, the National Community Reinvestment Coalition reported that Boston is the third most gentrified city in the U.S., with 21.3% of Boston neighborhoods being gentrified between 2013 and 2017. [B ([link removed]) ay State Banner] ([link removed][UNIQID])
Coronavirus Stimulus Loans Face Fair Lending Scrutiny From CFPB
Using a match-paired testing technique where White and Black borrowers discussed the same loan at the same Washington-area bank, the National Community Reinvestment Coalition and a team of academics found that Black applicants received discriminatory treatment 43% of the time. [ ([link removed]) Bloomberg ([link removed][UNIQID]) ] ([link removed][UNIQID])
Payroll Protection Program Funds Went to Support Over 9,500 Jobs in Newark
A recent study from the National Community Reinvestment Coalition shows that lending discrimination played a role in the distribution of PPP funds. [ ([link removed]) T ([link removed][UNIQID]) apinto Network ([link removed][UNIQID]) ] ([link removed][UNIQID])
** On Our Radar
------------------------------------------------------------
Breonna Taylor Lawsuit: Studies Link Racist Policing To Gentrification
Was Breonna Taylor killed as part of a city redevelopment plan? "It wouldn't be uncommon," experts say. [Salon] ([link removed][UNIQID])
Nonprofit To Chase Bank: Give Chicago’s Black And Latino Neighborhoods $1 Billion
Donna Clarke of Neighborhood Housing Services wants Chase to invest $1 billion, mostly in the form of home loans and small business loans. [W ([link removed]) BEZ Chicago] ([link removed][UNIQID])
Venmo And Square’s Cash App Were Going Gangbusters Before The Pandemic — Now They’re Doing Even Better
Peer-to-peer payment platforms were already seeing explosive growth in the U.S. before the COVID-19 crisis gave them a big surge of momentum. [Market Watch] ([link removed][UNIQID])
Commentary: How Zoning Laws Exclude Black Families From Areas Of Economic Opportunity
Housing policy excluding Black families from neighborhoods of economic opportunity reinforces systemic racial inequalities. [Fortune] ([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])
============================================================
** Twitter ([link removed][UNIQID])
** Facebook ([link removed][UNIQID])
** LinkedIn ([link removed][UNIQID])
** Instagram ([link removed][UNIQID])
** Website ([link removed][UNIQID])
Copyright © 2020 NCRC, All rights reserved.
We send email updates to NCRC members, contacts and people who opt in via our web site.
Our mailing address is:
NCRC
740 15th St. NW Suite 400
Washington, DC 20306
USA
Want to change how you receive these emails?
You can ** update your preferences ([link removed])
or ** unsubscribe from this list ([link removed])
.
