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** Just News
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for July 15, 2022
News and views from the National Community Reinvestment Coalition. Find more at ncrc.org.
For continuous updates, follow us on Twitter ([link removed]) , FB ([link removed]) , LinkedIn ([link removed]) and I ([link removed]) G ([link removed]) .
** Announcements
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Submit Your Comments On CRA Rule Changes By August 5!
The best chance we have to make positive and long-overdue changes to Community Reinvestment Act rules is if NCRC members and community groups put up a good showing and send in comment letters! Use NCRC's sample comment letters and submission instructions at our CRA reform hub.
[Submit here ([link removed]) ]
A Film Screening For Barry Farm: Community, Land & Justice In Washington, DC
July 21, 6-9 pm ET
Please join NCRC's Just Economy Club, in partnership with The Bertelsmann Foundation and DC Legacy Project, on July 21, 2022, from 6 to 9 pm ET for a film screening of the documentary: Barry Farm: Community, Land & Justice in Washington, DC. [Register here ([link removed]) ]
** News
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Testimony Of Catherine Crosby, Town Manager, Town Of Apex; Board Chairperson, National Community Reinvestment Coalition
"CRA will be more effective in bolstering bank reinvestment activity in underserved communities and ensuring underserved groups’ ability to move into high opportunity communities, the more rigorous CRA exams and ratings are. The NPR proposed some significant improvements in test rigor but the improvements are not across the board on all aspects of exams." [Read more ([link removed]) ]
NCRC’s Field Empowerment Fund For Nonprofits And CDFIs Opens Final Round Of Grant Applications
NCRC on Friday opened applications for the final round of its Field Empowerment Fund (FEF), a $5 million grant-making program funded by Morgan Stanley to drive racial equity work. All applications are to be submitted online no later than 11:59 pm ET on July 29, 2022. [Read more and apply ([link removed]) ]
** In the News
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America's Race Gap Between Black And White Homeowners
By Nathalie Jimenez, BBC News
Ms. Cox's experience reflects a national pattern, one that studies suggest is getting worse. According to the National Community Reinvestment Coalition, the gap between white and black homeownership rates in the US is at its widest in 120 years. [Read more ([link removed]) ]
Homelessness In Denver: An In-Depth Look Into An Ongoing Crisis
By Óscar Contreras, Denver7 360
To illustrate how just much housing plays a part when it comes to homelessness, the MDHI report uses statistics from the National Community Reinvestment Coalition, which show Denver ranked second as the most gentrified city in the U.S. from 2013-2017. [Read more ([link removed]) ]
** On Our Radar
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The Hybrid Appraisal is Here. Who Benefits?
By Georgia Kromrei, Housing Wire
But while desktop appraisals may save a few gas miles, and certainly will provide opportunities for a coterie of private sector companies, it’s not yet clear whether they are superior to traditional appraisals, and if they ultimately will reduce racial bias, a key GSE policy goal. [Read more ([link removed]) ]
Leading Democrats Redouble Efforts To Pass Overdraft Protection Bill
By Brendan Pedersen, American Banker
Speaking at a press conference near the Capitol East Front plaza, Rep. Carolyn Maloney, D-N.Y., led an appeal for Congress to take up and pass the Overdraft Protection Act, a bill she authored that would introduce a monthly cap on the number of times such fees could be charged to customers and require that customers opt in to overdraft programs rather than opt out. [Read more ([link removed]) ]
** Resources
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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 ([link removed]) ]
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 ([link removed]) more ([link removed]) ]
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 ([link removed]) ]
Browse Our Collection Of Racial Wealth Snapshots
Over the past two years, NCRC has put together a catalog of Racial Wealth Snapshots. [View all ([link removed]) ]
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 ([link removed]) ]
Member Hub
NCRC members: Don't forget you have access to our member hub ([link removed]) ! Learn more about membership here ([link removed]) . You can join as an organization or an individual ([link removed]) .
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] ([link removed])
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] ([link removed])
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 ([link removed])
Jobs
We are always looking for talented people.
Click here to see job openings. ([link removed])
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