Urgent
Call For Submissions: Speak At The 2021 Just Economy Conference
Today is the last day to submit your ideas. Don't be left out!
If you have ideas for potential session topics or would like to plan a panel or discussion around your interests and expertise, submit your ideas by Friday, February 5. [Submit Now]
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Just Announced
Study: More Evidence Of Inequity In Access To Bank Services To Help Small Businesses Survive The Pandemic
NCRC surveyed 938 small business owners across nine metropolitan areas from October 23, 2020, to December 29, 2020. The purpose of the survey was to determine whether small business owners explored other options, such as lease and loan modifications to save their businesses, and if so, did they access them. [Read More]
NCRC Launches Online Forum And Content Hub For Members
NCRC launched a new online forum for members to communicate with each other, and a new online hub to access members-only research, resources and content. [Read More]
Join Our Newly Created Individual Membership Platform; The Just Economy Club
NCRC has launched the Just Economy Club, a community for individuals who support our work and want to help us make a just economy a national priority and a local reality. [Learn More]
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News
NCRC Applauds Trade Groups’ Call On The OCC To Withdraw Flawed CRA Rules
This has been a bad week for the OCC’s disastrous CRA rule. First, we won our preliminary battle in federal court by demonstrating that we have standing to sue the agency. And now, the trade organizations that represent bankers have also called for the OCC to withdraw its rule. [Read More]
RULING: Federal Court Rejects Trump Admin’s Effort To Evade Accountability For Unlawfully Gutting Anti-Redlining Protections
On Friday, a federal judge rejected the Trump Administration’s attempt to dismiss a lawsuit challenging its unlawful June 2020 rollback of essential Community Reinvestment Act (CRA) anti-redlining protections. [Read More]
Columbus Celebrates Completion Of 20 New Homes As Part Of Regional Affordable Housing Initiative
The NCRC Housing Rehab Fund, LLC (NCRC HRF) announced today completion of phase one of the Franklin County affordable housing initiative designed to increase home ownership for low- and moderate-income Ohio residents. [Read More]
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Research
Are Loan Modifications For Small Businesses A Possibility In The COVID-19 Pandemic?
By Anneliese Lederer and Sara Oros
A Survey Of Race And National Origin And Access To Small Business Loan And Rental Modifications. [Read More]
Research Brief: Bank Branch Closure Update (2017-2020)
In this brief, NCRC Research explored the impact, as well as consequences, of the shifting in bank branch availability across the nation. [Read More]
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Resources
CRA’s First Aid Kit: Tools And Resources For Hospitals, Health Systems And Medical Professionals To Support CRA Modernization
By Karen Kali
Access to housing, jobs, transportation, education, healthy food and recreation are the building blocks for a healthy community, outside of clinical care. Working with banks to support those building blocks is supported by a robust CRA. [Read More]
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]
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]
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Events
Housing Counseling Trainings
February 18, 8:00 am EST - June 16, 5:00 pm EST
The North Carolina Housing Coalition is holding a series of housing counseling trainings in partnership with NCRC. These intensive trainings are designed to equip housing counselors with tools and best practices to address essential housing counseling topics such as homeownership, foreclosure and mental health. [Register now]
Remaking The Economy: Closing The Racial Wealth Gap And The Case For Reparations
February 18, 2:00 pm EST - 3:00 pm EST
NCRC's Chief of Race, Wealth And Community Dedrick Asante-Muhammad will be speaking at NPQ’s webinar in the Remaking the Economy series. [Register now]
Effective Rental Counseling – Creating, Conducting And Implementing A Program
February 23, 10:00 am EST - February 25, 3:00 pm EST
Join NCRC's Training Academy to learn how to do rental counseling and rental workshops from start to finish. [Register now]
2021 A.G. Gaston Virtual Conference - Strategies For Closing The Racial Wealth Gap
February 24, 9:00 am EST - 11:00 am EST
Join NCRC's Chief of Race, Wealth And Community Dedrick Asante-Muhammad at the A.G. Gaston conference for a discussion on strategies for closing the racial wealth gap. [Register now]
Addressing The Racial Wealth Gap: What Funders Need To Know About The Movement For Reparations
February 24, 1:00 pm EST - 2:00 pm EST
Join NCRC's Chief of Race, Wealth and Community Dedrick Asante-Muhammad at the webinar "Addressing the Racial Wealth Gap: What Funders Need to Know About the Movement for Reparations." [Register now]
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In the News
Progressives Critical Of Biden's Expected OCC Nominee Over Fintech Ties
By Polo Racha, S&P Global
The National Community Reinvestment Coalition, a group that consistently battled with the Trump Administration's OCC leaders, believes that both Barr and Baradaran are "phenomenal candidates with excellent financial reform credentials," said Gerron Levi, senior director of government affairs at the NCRC. [Read More]
'The Second Way' To Close The Wealth Gap
By Brendan Pedersen, American Banker
“Intergenerational wealth gets passed down — or not,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition, a network of consumer advocacy organizations. “People are running the same race, but some people are starting 100 yards behind the starting line because they're born into a low-wealth family. That's a consequence of historic discrimination, and until and unless you address that, you're always going to have different outcomes at the finish line.” [Read More]
Will Support For Black-Owned Businesses Continue In 2021?
By Meredith Sell, 5280
This past year's protests brought much-needed attention to enterprises run by minority entrepreneurs. Now, local groups are trying to stretch the interest into permanent support. [Read More]
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On Our Radar
US Economy Faces 'Tough Months Ahead' Before Staging A Strong Recovery, Treasury Secretary Yellen Says
By Ben Winck, Business Insider
The U.S. economy will struggle for at least a few more months before falling COVID-19 cases and stimulus can drive a full recovery, Treasury Secretary Janet Yellen said Thursday. [Read More]
Minority-Owned Firms Hurt By Pandemic Will Be Focus For Small Business Administration Nominee
By Amara Omeokwe, The Wall Street Journal
President Biden’s pick to lead the Small Business Administration, Isabel Guzman, pledged to ensure the Paycheck Protection Program and other initiatives reach minority-owned businesses and those in underserved communities during testimony in her Senate confirmation hearing. [Read More]
Biden Administration Resurrects Office To Help Women 'At The Breaking Point'
By Melissa Block, National Public Radio
President Biden pledged that equal pay, paid family leave and affordable child care will be at the forefront of his administration's work. He's creating a Gender Policy Council to take these on. [Read More]
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