Over 200+ Organizations Urge House Financial Services Committee To Oppose Any Amendment To Delay Or Weaken Small Business And Farm Fair Lending Law
By NCRC
This week, 215 civil rights, small business, farm, community, consumer, and other organizations from across the country sent a letter to the House Financial Services Committee urging them to oppose legislation that would weaken or further delay the implementation of the small business and farm loan fair lending data collection for another decade. [Read more]
CFPB Final Rule Dismantles Disparate Impact Under ECOA
By NCRC
"This rule is a green light for discrimination in lending. By stripping out disparate impact and undermining special purpose credit programs, the CFPB is making it harder to challenge exclusion and easier to deny underserved communities a fair shot at credit," said NCRC President and CEO Jesse Van Tol.[Read more]
NCRC Comment: CFPB Draft Strategic Plan Would Undercut Consumer Protection
By NCRC
Last week, NCRC submitted its comment on the CFPB’s Draft Strategic Plan for FY2026-2030. In its letter, NCRC urges the CFPB to revise its plan to ensure it can engage in robust supervision, enforcement and regulation that will protect consumers. [Read more]
Views
‘We are not fighting this battle alone’: San Francisco Housing Development Corporation addresses the legacy of displacement in historically redlined communities
By Robert Davis
The legacy of the urban renewal era is still alive and well in many expensive cities across the US, such as San Francisco. [Read more]
More Than a Map: Redlining’s Enduring Effects on School Funding and Student Outcomes in Philadelphia
By Julia McGarrey
Pennsylvania has one of the nation’s most inequitably funded public school systems. Some children attend school in 75-year-old buildings with no air conditioning, surrounded by holes in ceilings, gun violence and a lack of basic supplies. [Read more]
Events
Loan & Financial Readiness Cohort Application
Applications due April 24, 5 pm ET
The Loan & Financial Readiness Cohort is a 7-week program designed to equip entrepreneurs with the knowledge and tools to become loan-ready. Participants will learn to navigate the lending process, strengthen financial capacity, and prepare lender-ready materials to confidently pursue and secure capital. [Register here]
AUB To Celebrate Small Business Partnership Grant Recipients
April 28
NCRC CDF Interim Executive Director Gregory Dyson will speak at the Atlantic Union Bank’s celebration for Small Business Partnership Grant recipients on April 28. This luncheon will bring together AUB leadership and CDFI partners for an afternoon of recognition, collaboration and inspiration. [Register here]
In The News
CFPB Finalizes New ECOA Rule In Major Fair Lending Pivot
By Kate Berry, American Banker
"The rule is a major step back," said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition. "It's going to be much tougher to prove discrimination, at least during the Trump administration." [Read more]
Troy University Program Gains State, National Attention For Entrepreneurship Workforce Model
By Clif Lusk, Troy Today
In the same week, Troy University’s Small Business Development Center was invited to present its Start Your Business program at the National Community Reinvestment Coalition’s Just Economy Conference in Washington, D.C., and at the Alabama Summit on Talent Retention and Work-Based Learning in Birmingham. [Read more]
On Our Radar
'The absolute edge of precedent': Feds Prepare To Take On Data Centers
By Francisco "A.J." Camacho, Politico
The White House wants federal energy regulators to act on data centers. They’re gearing up to take a big swing. Over the coming weeks, the Federal Energy Regulatory Commission will hammer out the details of a proposal that could be a striking assertion of federal power to manage the nation’s rapidly rising electricity demand.
Lawmakers Move To Shield LA Metro From Housing Law
By Matthew Hall, Santa Monica Daily Press
A state Senate committee is weighing legislation that would exempt some jurisdictions, including Los Angeles County's transit agency, from a new housing law, as cities across California scramble to adapt to a sweeping new mandate requiring dense residential development near public transit stops. [Read more]
Resources
Work And Meet At The Just Economy Club It's aDC hubfor 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]
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