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Just News
for March 24, 2023
News and views from the National Community Reinvestment Coalition. Find more at ncrc.org ([link removed] ) .
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Announcements
Just Economy Conference Next Week
Only a few days left to register for the 2023 Just Economy Conference. See the full schedule, including featured speakers, and register before it's too late! [Register Now ([link removed] ) ]
Views
NCRC Selected To Manage $175 Million Boost For Illinois Small Businesses Impacted By COVID
By NCRC
A new state grant fund called Back to Business (B2B) will provide grants to businesses in some of the hardest-hit sectors of the Illinois economy: food service, hospitality and the creative arts. The state grants will be administered in partnership with the NCRC Community Development Fund, (NCRC CDF), a U.S. Treasury-certified Community Development Financial Institution. [Read more ([link removed] ) ]
Field Notes
DCWBC Entrepreneur Profile
By NCRC
This is part of a series of profiles showcasing the talented entrepreneurs of NCRC’s DC Women’s Business Center. Nicole’s Kitchen is a women-owned business started by Nicole Flint that sells fresh baked treats to the DMV area. [Read more ([link removed] ) ]
Research
Race, Jobs & The Economy
By Dedrick Asante-Muhammad, Jason Richardson and Joseph Dean
Black and Hispanic unemployment rates often spike before other groups when a recession begins. The February jobs report may flame the fears of a recession. [Read more ([link removed] ) ]
News
NCRC Statement On Release Of HUD’s Disparate Impact Rule
By NCRC
“I am glad to see HUD has rolled back a harmful rule change made by the outgoing Trump administration in 2020. Strong fair housing enforcement is critical to ensuring equal rights and protecting individuals and communities from discrimination. HUD’s issuance of this rule is an important step in making it possible for effective future efforts by HUD, fair housing advocates and others to achieve justice through this critical element of civil rights law. [Read more ([link removed] ) ]
Events
NHCR National Conference
March 27-28
Join NCRC Director of Community Impact Ibijoke Akinbowale for the NHRC 2023 National Conference in Washington, DC on Monday, March 27, 2023, and Tuesday, March 28, 2023, at the AFL-CIO Center. Akinbowale will be moderating the session, "Civil Rights and Housing Counseling." [Register here ([link removed] ) ]
2023 Just Economy Conference
March 29-30
The Just Economy Conference is the national event for community, business, foundation, policy and government leaders who want a nation that not only promises but delivers opportunities for all Americans to build wealth and live well. National and local luminaries, visionaries and changemakers gather to network, share ideas, learn and ask hard questions to chart out a better future. [Register here ([link removed] ) ]
In the News
A Landlord Got a Low Appraisal. He Is Black, and So Are His Tenants.
By Debra Kamin, The New York Times
Jesse Van Tol, president and chief executive of the National Community Reinvestment Coalition, said his organization chose to serve as co-complainant with Mr. Horton because his case crystallizes a total system failure in flagging bias in an appraisal. [Read more ([link removed] ) ]
"Creeping Segregation" Cited In New Report On Columbia Housing"
By Tom Hall, Teria Rogers, Rob Sivak, Malarie Pinkard-Pierr, WYPR/NPR
Dr. Bruce Mitchell, NCRC's Senior Research Analyst, and Dedrick Asante-Muhammad, NCRC's Chief of Organizing, Policy and Equity, joined WYPR/NPR to discuss their new report.
[Read more ([link removed] ) ]
On Our Radar
Exclusive: First Republic Considers Downsizing If Capital Raise Fails -Sources
By David French and Lananh Nguyen, Reuters
First Republic is examining how it can sell parts of its business, including some of its loan book, in a bid to raise cash and cut costs, one of the sources said. A sale of loans to other parties, including private equity firms, is one option under consideration, two of the sources said. [Read More ([link removed] ) ]
MacKenzie Scott Sets New ‘Open Call’ To Donate $250 Million
By Glenn Gamboa, AP News
Through her organization Yield Giving, Scott plans to make unrestricted $1 million donations to 250 nonprofits selected in the process, which she calls a “new pathway to support for organizations making positive change in their communities.” To apply, the nonprofits must have annual operating budgets larger than $1 million, but less than $5 million for at least two of the past five years. [Read more ([link removed] ) ]
Resources
Work And Meet At The Just Economy Club
It's a DC hub for nonprofits and the social sector, around the corner from the White House. Move your team into a private office or host your meetings and events or hang out in the lounge. [Read more ([link removed] ) ]
Learning & Training Hub
Register for NCRC's catalog of professional development courses for community development leaders. [Learn ([link removed] ) more ([link removed] ) ]
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] ) ]
Racial Wealth Snapshots
Browse our catalog of socioeconomic briefs and infographics. [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
Keep up and catch up on plans to strengthen the Community Reinvestment Act. [Read more] ([link removed] )
Support Women Entrepreneurs
Interested in becoming a supporting partner of the DC Women's Business Center? Learn more here ([link removed] ) .
Jobs
We are always looking for talented people.
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