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** Just News
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for August 19, 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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Call For 2023 Just Economy Conference Session Ideas
Add your voice and expertise to the 2023 Just Economy Conference! The conference takes place March 29-30, 2023, in Washington, DC, and is preceded by NCRC’s member-only Hill Day on March 28. [Read more ([link removed]) ]
** News
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Still Time To Vote For NCRC Community Development Fund's Impact Investing Panel At SXSW!
Please join us in voting for the NCRC Community Development Fund’s SXSW 2023 PanelPicker Proposal – “Impact Investing that Actually Works” – in which panelists will discuss how to enact true social justice through investing in America’s underserved communities. [Vote here ([link removed]) ]
** Views
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Why The Great Migration Did Little To Bridge The Great Racial Divide
By Dedrick Asante-Muhammad
Families hoped that escaping from Jim Crow to a city with growing industrial jobs would create better economic opportunities for future generations...Though there might have been an initial increase in opportunity, the Princeton scholar [Dr. Ellora Derenoncourt] found, many African American grandchildren and great grandchildren of these migrants today are financially struggling, seeing little bridging of Black/white economic inequality. [Read more ([link removed]) ]
** Field Notes
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NCRC Member Profile: Inclusive Action For The City
Inclusive Action for the City (IAC) is a community development organization whose mission is to bring people together to build strong local economies that uplift low-income urban communities through advocacy and transformative economic development initiatives. [Read more ([link removed]) ]
** In the News
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What Are Hispanic American-Owned Banks And How Can You Support Them?
By René Bennett, Bankrate
Nearly three-quarters (74%) of areas that were redlined — discriminated against by lenders — are low-to-moderate income today, according to a study by the National Community Reinvestment Coalition. Most of these neighborhoods (64%) are also still predominantly made up of racial or ethnic minority residents. [Read more ([link removed]) ]
Banks Balk At Biden Team’s Anti-Redlining Plan, Teeing Up Clash
By Alex Nguyen, Bloomberg
Critics have pointed out that many communities continue to be under-served, despite banks’ high passing rates. [Read more ([link removed]) ]
Revitalizing Investment In Overlooked Philadelphia Communities Through Neighborhood-Focused Development
By Sara Suarez, Capital Anayltics Associates
According to a study by the National Community Reinvestment Coalition, Philadelphia was among the Top 20 most gentrified cities before the pandemic. [Read more ([link removed]) ]
** On Our Radar
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Emails Uncovered In Trident Redlining Probe Show Proof Of Intent
By Kate Berry, American Banker
Modern-day redlining takes many forms and — in the eyes of the Consumer Financial Protection Bureau and the Department of Justice — emails and photos exchanged by mortgage loan officers are seen as proof, along with key lending statistics, of redlining and discrimination. [Read more ([link removed]) ]
Federal Reserve Guidelines Crack Banking System Open To Crypto Banks
By Crystal Kim, Axios
The Federal Reserve Board on Monday announced final guidelines that could open up a path for institutions peddling new types of financial products, or those with novel charters, to tap into the banking system. [Read more ([link removed]) ]
Lead Poisoning Plus Systemic Racism Are Harming Black Kids' Test Scores
By Amy Norton, U.S. News and World Report
It's well known that exposure to lead can harm young children's brain development. Now a new study suggests that racial segregation may be compounding the detrimental effects of lead on Black children. [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.
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Jobs
We are always looking for talented people.
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