News
NCRC Applauds CDC Decision To Extend Eviction Moratorium
By NCRC
“This was the right move and essential to keep people safe and in their homes. The pandemic isn’t over, the financial crisis it created for millions of families isn’t over, and evictions now would make the situation much worse." [Read more]
NCRC Launches Interactive Tool To Explore Local Lending Patterns
The new tool will be available to the general public for a month, then become an exclusive service for NCRC members. [Read more]
Just Economy Conference Speakers Announced: Federal Reserve Chair Jerome Powell, U.S. Senators Elizabeth Warren And Sherrod Brown, Journalist Nikole Hannah-Jones
Federal Reserve Board Chair Jerome Powell, U.S. Senators Elizabeth Warren and Sherrod Brown, and Pulitzer Prize-winning journalist Nikole Hannah-Jones will be featured speakers at the 2021 Just Economy Conference, which will be held online beginning May 3. [Read more] [Register now]
Women In Crisis: NCRC Launches A Popup Publishing Series About America’s First Female Recession.
By Anneliese Lederer and Karen Kali
Over the coming weeks, we’ll publish essays from NCRC staff, members, local leaders and national partners who can give a voice to the concerns, issues and solutions for women, specifically Black, indigenous and women of color, who have been living through and managing this health and economic crisis for the past year. [Read more]
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Views
For Women Entrepreneurs, One Daunting Obstacle To Recovery From The She-Recession Will Be Barriers To Credit
By Anneliese Lederer
Entrepreneurship is not a successful venture without the right tools. One of these tools is access to credit – the money needed to start a business, expand or deal with ebbs and flows in revenue. [Read more]
Women Of Color, Wealth And COVID-19
By Sally Sim and Dedrick Asante-Muhammad
Overrepresentation in consumer-facing jobs, poverty and lack of wealth are all aspects that put women of color in high levels of physical and financial danger during the COVID-19 pandemic. [Read more]
Some Common Views On CRA Reform Among Community Groups And Industry, But Differences Need To Be Resolved
By Josh Silver
In a previous article, I described how some big issues on reforming the Community Reinvestment Act (CRA) exposed a considerable difference of views among community groups and the banking industry. However, there was some convergence of views on a series of other important issues, including performance measures and ratings categories. On these issues, the remaining differences appear to be manageable. [Read more]
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Field Notes
Celebrating Women’s History Month With 30 Women Founders In Washington, D.C.
By Monti Taylor
This month, we celebrate the stories of women entrepreneurs in D.C. A rich entrepreneurial environment and small business assistance organizations contribute to their success, but the real story begins with the women who set out to solve problems. [Read more]
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Research
Relationships Matter: Small Business And Bank Branch Locations
By Bruce C. Mitchell, Jason Richardson, and Zo Amani
The number of banks and bank branches has declined significantly since 2009. Local branches are still crucial to small business lending. Small business lending is increasingly dominated by the largest lending institutions. Smaller institutions are disappearing as they merge or are bought out by larger banks. [Read More]
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Resources
Forum & Hub
NCRC members: Don't forget you have access to our forum and member hub! Learn more about membership here. You can join as an organization or an individual.
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
Building a Foreclosure & Default Prevention Program
April 6, 2:00 pm EST - 3:30 pm EST
Join NCRC's Training Academy as we discuss basic steps, funding sources, staff training requirements, current foreclosure relief programs and resources available to help strengthen your program. [Register now]
NCRC Legislative/Regulatory Call - April
April 14, 1:30 pm EST - 2:30 pm EST
Join NCRC for a monthly call to share major updates on NCRC policy work around the CRA, CFPB, mergers and other news affecting our coalition of members. [Register now]
2021 Just Economy Conference
May 3-4
Come to the national online event for community, policy, government, business and foundation leaders who work for fairness in lending, housing and business, and to make all Americans equal parts of the formula for national success. [Register now]
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In the News
Invisibility And Fragility: Asian Americans In Mountain West Reflect On Atlanta Mass Shootings
By Robyn Vincent, KUNM
According to the National Community Reinvestment Coalition, a nonprofit focused on building wealth in underrepresented communities, in 2018, 10.1% of Asian Americans lived in poverty, compared to 8.1% of White, non-Hispanic Americans. The nonprofit stressed that Asian Americans do not face income insecurity equally, with vast disparities seen among Asian American nationalities. [Read More]
Postal banking, alcohol delivery could save the U.S. Postal Service, experts say
By Mary Pflum, NBC News
Between 2008 and 2020, over 13,000 bank branches closed in the U.S., representing 14% of all branches, according to the National Community Reinvestment Coalition. [Read More]
Bank Closures Continue Across the Globe, as Digital or Online Banking Becomes the Norm in Post COVID World
By Omar Faridi, Crowdfund Insider
These branch closures are also impacting isolated neighborhoods in large cities or places such as Moorhead, which has a relatively large Black community. The National Community Reinvestment Coalition reports that low-income communities and rural communities appear to have been affected the most due to branch closures. [Read More]
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On Our Radar
Five Ways That Lenders Can Interrupt Racism and Provide Restorative-justice Capital in Our Communities
By Joe Neri, Impact Alpha
Can community development financial institutions be anti-racist? [Read More]
How Housing Activists Took on Philadelphia and Won
By Robin Kaiser-Schatzlein, The New Republic
In a city with thousands of vacant homes, families are still homeless. Jennifer Bennetch decided to do something about it. [Read More]
Young Entrepreneur Gifts $100K Scholarships to 10 HBCU Students
By Nehemiah Frank, The Black Wall Street Times
Bryce Thompson is a 24-year-old young successful Black entrepreneur. In addition, he’s a Morehouse College graduate residing in the Atlanta area who pays his blessings forward. For Black History Month, he gifted 10 HBCU students with $100,000 in scholarships in partnership with Scholly. [Read More]
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Support our work
Join the Just Economy Club, the network for individuals who support NCRC’s research, publishing, investigations, training, advocacy and programs.
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