Women have made great strides in the workplace, comprising nearly half of the workforce, and surpassing men in higher education achievement. Yet, women still make less income, have less wealth, and face greater economic instability than men. Â
Women, Men, Race and Economic Inequality Read More »
U.S. Department of Housing and Urban Development (HUD) Secretary Marcia Fudge will be a featured speaker at the 2021 Just Economy Conference, which will be held online beginning May 3. Other confirmed speakers include U.S. Senators Elizabeth Warren and Sherrod Brown, Federal Reserve Board Chair Jerome Powell and Pulitzer-prize winning journalist Nikole Hannah-Jones.
HUD Secretary Fudge to Speak at 2021 Just Economy Conference Read More »
Black America was in an economic crisis before COVID-19, and recovery for Black-owned businesses will require solutions to the economic preconditions that made success and wealth accumulation so difficult to achieve before the pandemic, a new report found.
Having access to affordable child care is essential to having labor force participation from women, who, due to sexist societal and traditional gender roles combined with lower wages than men, struggle between workforce participation or the care and education of their children.
Women need child care; child care needs to change Read More »
This was the right move and essential to keep people safe and in their homes. The pandemic isn’t over, the financial crisis it created for millions of families isn’t over, and evictions now would make the situation much worse.
NCRC Applauds CDC Decision to Extend Eviction Moratorium Read More »
The following are principles of reform; if the agencies contradict or contravene these principles, we will oppose any additional regulatory changes just as we have opposed the OCC final rule. Reforming CRA must not become a pretext for relaxing CRA.
Principles for CRA Reform: Strengthen Communities, Exams and Accountability Read More »
In a previous article, I described how some big issues on reforming the Community Reinvestment Act (CRA) exposed a considerable difference of views among community groups and the banking industry. However, there was some convergence of views on a series of other important issues, including performance measures and ratings categories. On these issues, the remaining differences appear to be manageable.Â
Federal Reserve Board Chair Jerome Powell, U.S. Senators Elizabeth Warren and Sherrod Brown, and Pulitzer Prize-winning journalist Nikole Hannah-Jones will be featured speakers at the 2021 Just Economy Conference, which will be held online beginning May 3.
Overrepresentation in consumer-facing jobs, poverty and lack of wealth are all aspects that put women of color in high levels of physical and financial danger during the COVID-19 pandemic.Â
Women of Color, Wealth and COVID-19 Read More »
Over the coming weeks, we’ll publish essays from NCRC staff, members, local leaders and national partners who can give a voice to the concerns, issues and solutions for women, specifically Black, indigenous and women of color, who have been living through and managing this health and economic crisis for the past year.Â
This month, we celebrate the stories of women entrepreneurs in D.C. A rich entrepreneurial environment and small business assistance organizations contribute to their success, but the real story begins with the women who set out to solve problems.
Celebrating Women’s History Month With 30 Women Founders in Washington, D.C. Read More »
When banks promote outreach to marginalized groups, while granting loans to organizations that openly discriminate against these same groups, it sends a mixed message to their communities. These messages can be avoided with proper research.
Banks Shouldn’t finance LGBTQ+ discrimination Read More »
Our conversations on race must include Asian Americans.
NCRC condemns attacks on Asian Americans Read More »
From 2012-2018, big banks got bigger, and 8,872 local branches closed. But in most counties, small business lending was still dominated by banks with branches within the community.
Calderon joined NCRC in September 2020 as the executive director of the NCRC Community Development Fund. In her new role, Calderon will oversee the organization’s community finance programs, including workforce development, in addition to continuing her duties as executive director of the CDFI.
NCRC promotes Marisa Calderon to Chief of Community Finance and Mobility Read More »
