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Just News

for February 12, 2021

News and views from the National Community Reinvestment Coalition. Find more at ncrc.org. For continuous updates, follow us on Twitter and Facebook.

Urgent


CRA Comments are Due on Tuesday
Submit by Tuesday February 16, at 11:59pm
The deadline to submit comments to the Federal Reserve Board's (Fed) Advance Notice of Proposed Rulemaking (ANPR) on the Community Reinvestment Act (CRA) is approaching fast. If you would like to comment, NCRC's sample comment letters are on its #TreasureCRA page. Please feel free to forward our sample comment letters to your network and encourage them to submit comments. If you have any questions about the comment letter or submitting a comment, contact Joe Reed at [email protected][Submit Now]

Just Announced


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. Log in today to access the forum and hub! [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. [Read More]

News


Advocates Applaud Senate Bill Fund To Help Millions Of Families Keep Their Homes; Urge Inclusion In COVID Stimulus Bill 
Housing and Civil Rights Groups Call for Homeowner Assistance Fund to Avoid New Wave of Foreclosures and Devastating Effects for Communities of Color. [Read More]

NCRC Applauds HUD Withdrawing Appeal In Fair Housing Case
HUD’s withdrawal from the Massachusetts disparate impact case is a first step to definitively end the Trump Administration’s attempt to undermine fair housing enforcement. [Read More]

NCRC Applauds HUD Announcement To Prohibit Housing Discrimination Based On Sexual Orientation, Gender Identity
Today, the U.S. Department of Housing and Urban Development (HUD) announced that it would enforce the Fair Housing Act to prohibit discrimination based on sexual orientation or gender identity. HUD made the announcement in response to the executive orders previously signed by President Biden late last month. [Read More]

Views


In Memoriam: Dr. Jerome D. Williams, A Giant In The Fight Against Systemic Racism
By Anneliese Lederer
Dr. Williams was not just a leader in the academic marketing field, but a giant. For the past 30 years, he spent his career working to change the system. He was a prolific author who mentored many people, including me.  [Read More]

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]

How Can Geographical Areas On CRA Exams Work For Branchless Banks?
Regulatory agencies should consider loans per thousand people to identify Community Reinvestment Act assessment areas for branchless banks. [Read More]

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]

Events


HCN Huddle Up - February 
February 16, 2:00 pm EST - 3:00 pm EST
Join the Housing Counseling Network for our February 2021 Housing Counseling Network Huddle Up! [Register now]

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]

In the News


Court Rules Lawsuit Challenging CRA Rule Can Proceed
By banknewsnow, Banksnewsnow
The National Community Reinvestment Coalition, the California Reinvestment Coalition and Democracy Forward sued the OCC in June, alleging that the agency’s CRA reform rule would “gut” banks’ obligations to invest in their communities. They also argued that the rulemaking process violated the Administrative Procedure Act. [Read More]

Economics in Brief: Small Businesses Happy With PPP Loans from CDFIs
By Next City
White small business owners that contacted a bank or financial institution about modifying a small business loan or business credit card were more likely to receive a modification than Black or Latino small business owners who initiated the same process, the National Community Reinvestment Coalition found. [Read More]

Will Support For Black-Owned Businesses Continue In 2021?
By Alexa Roha, Housing Wire
Jesse Van Tol, CEO of the National Community Reinvestment Coalition expressed support for HUD’s withdrawal of the appeal. [Read More]

On Our Radar


Parents Are Set to be Some of the Biggest Winners Under the Biden Administration. Here Are 4 Ways Democrats Aim to Support Families.
By Ben Winck and Hillary Hoffower , Business Insider
Democrats are pushing forward with President Joe Biden's fiscal stimulus proposal. Parents are set to be among the biggest beneficiaries. [Read More]

About 275,000 Women Left Workforce In January In 'Critical' Pandemic Trend, Experts Say
By Daniella Silva and Leticia Miranda, NBC News
“The consequences for women could take years to recover from, and we don't have years to wait. Families don't have years to wait,” one expert said. [Read More]

The Economist Placing Value on Black Women’s Overlooked Work
By Eshe Nelson, The New York Times
Tracing community activism back a hundred years, Nina Banks says this labor by Black women should be counted as part of the economy. [Read More]

 

     
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