The pandemic and rapid social changes brought many challenges for a group of Black business owners in Washington, D.C., and Baltimore, but even so they emphasized the role of their businesses in maintaining the cultural vibrancy of their communities.
The Federal Housing Finance Agency (FHFA) yesterday approved new refinance options for low-income borrowers, allowing Fannie Mae and Freddie Mac (government sponsored enterprises, or GSEs) to offer new loan products that will bring lower interest rates and lower monthly payments within reach for more lower-income households.
FHFA Announces New Refinance Options for Low-Income Families on GSE-backed mortgages Read More »
Fair housing is a civil right protected by the Fair Housing Act (FHA). And yet, housing discrimination and segregation still persist, causing long-term societal effects in America. Segregation and discrimination in housing harm people’s health, their ability to accumulate wealth and the environment.
The Many Effects of Housing Discrimination on African Americans Read More »
April is Financial Literacy Month. You might be thinking, who cares? Well, how about using it to take a first financial step to learn something new.Â
How to Take Charge of Your Finances Read More »
PNC Bank and the National Community Reinvestment Coalition (NCRC) announced today the creation of a four-year, $88 billion community benefits plan that will increase financial resources to low- and moderate-income (LMI) people and communities across the bank’s entire national footprint.Â
PNC Bank, NCRC announce $88 Billion community investment commitment Read More »
Understanding the distinct consumer needs of different consumer segments is fundamental to engaging with individuals who experience financial vulnerability and stigma as they approach a post-pandemic financial recovery. Organizations can help to play an important role in supporting customers with their personal financial recovery.
On Wednesday (April 21, 2021), the U.S. Senate confirmed Vanita Gupta as Associate Attorney General, the third-highest position inside the Justice Department, where she is expected to play a leading role in investigating police brutality and other civil rights matters.
NCRC statement on the confirmation of Associate Attorney General Vanita Gupta Read More »
Former police officer Derek Chauvin was convicted Tuesday (April 20, 2021) in Minneapolis of second- and third-degree murder and second-degree manslaughter for the May 25, 2020, death of George Floyd.
Former Vice President Walter Mondale, who co-authored the 1968 Fair Housing Act and was a staunch civil rights supporter, passed away Monday, April 20, 2021, at age 93.Â
NCRC Mourns Passing of Former Vice President Walter Mondale Read More »
Mari Galloway is the Chief Executive Officer and a founding board member for the Women’s Society of Cyberjutsu (WSC), one of the fastest-growing nonprofits dedicated to women in cybersecurity. DC Women Business Center Resource Coordinator Monti Taylor asked Galloway questions on how to run your computer like a pro and how to best care for your computer and keep your information safe from outside attacks.
How to Run Your Computer Like a Pro Read More »
Low-income women of color in America bear the weight of racism, sexism and classism – both in their interactions with other people, and more insidiously, baked into the nation’s policies, systems and cultural assumptions. Â
This article focuses on the views of NCRC member organizations and community-based allies. If community organizations could write the CRA regulations, the CRA would increase in rigor, grade inflation would be curbed and the focus would be on underserved populations including low- and moderate-income populations, tribal communities, people of color, rural communities and people with disabilities.Â
Today, the U.S. Department of Housing and Urban Affairs (HUD) took action to reinstate the critical 2013 Discriminatory Effects Rule which helps prevent discriminatory practices, and restore crucial portions of the 2015 Affirmatively Furthering Fair Housing rule which ensures that communities that receive federal funds take steps to eliminate barriers to fair housing.
NCRC Applauds HUD’s Effort to Reinstate Critical Fair Housing Rules Read More »
Our care systems, deeply rooted in racial and gender inequities for those providing paid and unpaid care work, are in need of an overhaul.
The BIPOC Caregiver Read More »
Simone Smillie, a native New Yorker, moved to Washington, D.C., in 2016 to pursue her graduate degree in Development Economics at American University. After graduating, Smillie started a new job as an analyst in Downtown D.C. She planned to launch her business, Mutani’s Pocket, in March 2020, but the pandemic took hold and delayed her launch until August.Â
Simone Smillie: DC Women’s Business Center Founder Feature Read More »
