Announcements
2022 Just Economy Conference
June 13-14
We're just 10 days away from the 2022 Just Economy Conference, the national event for community, policy, government, business and foundation leaders working toward a just economy that not only promises but delivers to all Americans opportunities to build wealth and live well. We want to see you there! [Register here]
2021 NCRC Impact Report
We do a lot at NCRC, and we achieve a lot. How much? Take a look at our 2021 Impact Report to find out. [Read more]
2022 Advocacy Week Policy Agenda
NCRC members will be meeting virtually with their representatives in Congress next week. [View our 2022 Policy Week Agenda]
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News
NCRC Issues Initial Analysis Of Historic Community Reinvestment Act Overhaul Proposal
The reforms proposed in early May would make valuable changes to the architecture of the examinations process for rating banks’ success or failure at fulfilling their obligations under CRA. But NCRC’s analysis identifies several areas where the proposal falls short and should be amended. [Read more]
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Events
UNC Greensboro’s Racial Equity In Homeownership Symposium
June 3, 12:00- 2:00 pm EDT
Join NCRC’s Senior Research Analyst, Bruce Mitchell PhD, for Part I of a two-part series on home ownership – “Racial Equity in Home Ownership. ” They’ll be talking about disparate rates of home ownership, the income gap between Black and white families, historical disinvestment in Black communities, access to credit, and the burden of student loan debt, and will consider policy solutions and best practices. [ Register here]
Fast Track To Certification
June 6, 9:00 am EDT - June 10, 2:30 pm EDT
Join NCRC in this 20-hour training aimed to provide housing counselors with an accelerated format to prepare for the HUD Certification exam.
The course will cover:
- Best practices in preparing for the exam
- Strategies to reinforce knowledge of the six core topics
- Best test-taking strategies
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In the News
If Your Local Bank Branch Has Closed for Good, You’re Not Alone — Here’s What You Can Do
By Brett Holzhauer, CNBC
While this trend is widespread, it’s been hitting low-income and majority-minority communities even harder. According to the National Community Reinvestment Coalition, one-third of the branches closed from 2017 to 2021 occurred in areas that were predominately lower-income and majority-minority. [Read more]
Oakland A’s Clash With Shipping Industry Over Waterfront Ballpark
By Augusta Saraiva, Bloomberg
Indeed, housing affordability and displacement concerns loom large in Oakland: The Bay Area is ranked as the most gentrified region in the US, according to a 2020 study from the National Community Reinvestment Coalition. [Read more]
Is a Recession Coming in The U.S.? Here's What Experts Say.
By Marita Vlachou, HuffPost
Dedrick Asante‑Muhammad, the chief of membership, policy and equity at the National Community Reinvestment Coalition, said uncertainty is also driven by the continuing pandemic. [Read more]
Rethinking What Fair Banking Means
By Melissa Hellmann, The Center for Public Integrity
“Those neighborhoods, over a period of 80 years, labored under enormous economic disadvantage,” said Josh Silver, a senior policy advisor at the National Community Reinvestment Coalition. “The white middle class was created from homeownership, and African Americans were locked out of that.” [Read more]
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On Our Radar
Top HSBC Banker Jokes ‘Who Cares if Miami is Underwater’ During Climate Change Speech
By Oliver Browning, Yahoo News
Stuart Kirk, the global head of responsible investing at HSBC Asset Management, suggested “nutjobs are always warning about the end of world” during a presentation titled “Why investors need not worry about climate risk”. [Read more]
California’s Unprecedented Reparations Report Details 150 Years of Anti-Black Harm
By P.R. Lockhart, NBC News
The report, which was released Wednesday, offers a comprehensive look at the impacts of enslavement and generations of discrimination on Black Californians and Black Americans more broadly. It finds that the damage to Black communities is extensive and that a variety of intentionally crafted policy, judicial decisions and racism by private actors has created a widespread exclusion of Black people that has not been sufficiently addressed at any level of government. [Read more]
Brown Calls on Wells Fargo to End Discriminatory Practices 'Once and for All'
By Brendan Pedersen, American Banker
The Democratic chair of the Senate Banking Committee urged Wells Fargo to do more to address recent accusations of racial disparity and other good governance failures among the bank’s business practices on Tuesday. [Read more]
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Resources
A DC Hub for Nonprofits, Events and Work
For nonprofits and social sector ventures in DC: Do your work and meetings at the new Just Economy Club in DC. It’s hosted by NCRC in the historic Union Trust building at 15th and H Streets, just around the corner from The White House. [Read more]
New Learning & Training Hub
Our new learning management system is live! It is designed with you in mind, offering a more robust experience for every kind of learner. [Learn more]
Browse Our Collection of Research and Reports
We have an extensive library of research and reports that dates back many years; now available in one convenient location! [View all]
Browse Our Collection of Racial Wealth Snapshots
Over the past two years, NCRC has put together a catalog of Racial Wealth Snapshots. [View all]
Sign and Share the Just Economy Pledge
America should not only promise but deliver to all Americans opportunities to build wealth and live well. Sign the pledge and share it to help us expand the movement for a Just Economy. [Sign and Share]
Member Hub
NCRC members: Don't forget you have access to our member hub! Learn more about membership here. You can join as an organization or an individual.
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]
TreasureCRA Page
CRA will be essential for COVID-19 economic recovery in the communities hardest hit by the pandemic. Use the tools on this page to reach your friends and local leaders. [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.
Join Here
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