The actions announced today are a downpayment on equitable investments in communities, expanded funding for affordable housing, the removal of barriers that have blocked equitable development, and the opportunity to participate in the federal procurement process.
NCRC Commends President Biden for Addressing Racial Wealth Divide And Discrimination Read More »
While Greenwood (aka the Black Wall Street) was literally set to flames in 1921, the veiled injustices that Black small businesses fight today are equally cruel and threaten not only the economic well being of Black people but the culture and history of Black neighborhoods.
The Tulsa Race Massacre: A Reminder of the Ongoing Fight for Black Wealth Equality Read More »
Highways radically reshaped cities, destroying dense downtown neighborhoods, dividing many Black communities and increasing car dependence.
The New York Times: Can Removing Highways Fix America’s Cities? Read More »
The CEOs of the six biggest U.S. banks gathered before the Senate Banking Committee on Wednesday for the first time since the financial crisis in 2008 to face questions over their institutions’ roles in American life.
Axios: Biggest U.S. bank CEOs grilled over profits and priorities Read More »
As many as 65.6 million American children — 90% of all kids in the U.S. — would benefit from an expanded child tax credit.
CNBC: Keeping the expanded child tax credit would help 65.6 million American kids Read More »
Warren criticized Fed Vice Chairman for Supervision Randal Quarles — who was appointed by former President Donald Trump, and whose four-year term is set to expire in October — during a Senate Banking Committee hearing.
One year after the police killing of George Floyd, where does America go from here?
PBSNews Hour: WATCH: Race Matters — America After George Floyd Read More »
Washington, D.C. Attorney General Karl A. Racine has filed an antitrust lawsuit against Amazon for anticompetitive practices and price-fixing.
WebProNews: D.C. AG Launches Antitrust Suit Against Amazon Read More »
A year after George Floyd’s death, companies are balancing demands for rapid change against complaints from some conservatives about “woke CEOs” wading into political fights.
Politico: Corporate America got more ‘woke.’ Will it last? Read More »
The concept was developed in part by the National Community Reinvestment Coalition, which advocates for greater reinvestment by banks in low- to moderate-income neighborhoods. The coalition has drafted model legislation that local governments can work from.
Matos noted that the National Community Reinvestment Coalition has for years conducted tests where it sends pairs of individuals with identical profiles — one white, one a person of color — to lending institutions. The disparate results have suggested discrimination exists across the board.
Data that Wells Fargo shares with the federal government that was analyzed by the National Community Reinvestment Coalition show the bank makes relatively few loans to low- to moderate-income borrowers in Dallas County.
Supported by Morgan Stanley, the $5 million Field Empowerment Fund provides unrestricted grants to NCRC members to respond to the economic impacts of the coronavirus pandemic.
NCRC selects 30 organizations for first round of $5 million grant fund Read More »
Yesterday, the Senate confirmed Kristin Clarke as the U.S. Department of Justice Assistant Attorney General for Civil Rights.
Just Economy Conference – May 10, 2021 Experience a screening of this new documentary from the Bertelsmann Foundation and filmmaker Sam George. Featuring several NCRC staff, this documentary tracks the ongoing gentrification and displacement of Washingtonians in the midst of the George Floyd protests. Speakers: Samuel George, Documentary Filmmaker, Bertelsmann Foundation Jason Richardson, Director
Go-Go City: Displacement & Protest in Washington, DC Read More »
