The new Paycheck Protection Program (PPP) portal opened January 11, 2021 for new and certain existing PPP borrowers. The new rules from the Small Business Administration (SBA) on both PPP and the targeted Economic Injury Disaster Grant (EIDL) aim to correct some of the lending discrimination uncovered in the first round.
New PPP, Economic Injury Disaster Funding Now Open for Business Read More »
The wealth gap between rich and poor Americans has more than doubled since 1989. The top 1% own more wealth than the entire bottom 90% combined. In the midst of the global pandemic, some of the nation’s super rich have doubled or even tripled their net worth.
Billionaires need to pay their fair share Read More »
An armed and deluded mob stormed the nation’s Capitol and attempted a coup. The scene itself was unbelievable, but so was the response from law enforcement.
NCRC Statement on the failed coup Read More »
Loans and investments made as part of banks’ Community Reinvestment Act (CRA) activities are an important source of funding for hospitals and health systems to address social determinants of health, the physical and social conditions in the environment that influence health.
Echoing findings from the National Community Reinvestment Coalition, Davis calls Macon the “most redlined community in the nation,” a process of market- and state-engineered housing discrimination that built an invisible moat around Black neighborhoods, making it nearly impossible for residents to escape and buy homes elsewhere.
The American Prospect: Black Voters Matter, and So Do Black Lives After Elections Read More »
The Guardian asked a group of experts to share concrete ideas to address some of America’s deepest problems. NCRC’s Dedrick Astante-Muhammad discussed how to close the racial wealth divide.
A report from the National Community Reinvestment Coalition, which included work from Wisconsin researchers, found that across the U.S., census tracts with a history of redlining were tied to worse health outcomes for residents.
Spectrum News 1: Redlined Areas Have Worse Health And More COVID-19 Risk, Study Finds Read More »
Researchers from the National Community Reinvestment Coalition rank Boston as the third most gentrified city in the country. Our current fight against rampant gentrification and for affordable housing can be traced to widespread discriminatory housing policies in the mid-20th century.
Dorchester Reporter: How Dorchester Bay City can be the beginning for a new Boston Read More »
Citing numbers for the National Community Reinvestment Coalition, Adasi points out that the diversity problem in the city of Denver is only exacerbated by growing rates of gentrification.
Built In Colorado: How to Diversify Your Team, Regardless of Location Read More »
NCRC’s Chief of Race, Wealth and Community Dedrick Astante-Muhammad discusses the racial wealth divide in the United States and the role historical injustice plays in determining vulnerability during the pandemic.
Pandemic Ethics Podcast: Race, Justice and the Pandemic Read More »
The crisis will also have a real impact on small landlords, according to Ibijoke Akinbowale, director of the Housing Counseling Network at the National Community Reinvestment Coalition, who says that the pathway for recovery for small landlords and renters is not as clear.
Shelterforce: The Foreclosure Crisis Waiting for Us in January Read More »
According to the National Community Reinvestment Coalition, Black borrowers faced significant discrimination when applying for the COVID-19 relief Paycheck Protection Program (PPP).
At the end of June, banks were operating 81,586 branches, a decrease of around 4,400 from three years earlier, according to a report by the National Community Reinvestment Coalition. The pace of decline — an average of 1,467 branch closures a year — is up from an average of around 800 branch closings a year between 2008 and 2017.
American Banker: U.S. lost 5% of bank branches between 2017 and 2020 Read More »
Real Money, Real Experts welcomes two special guests to talk about two very important, and intersecting concepts. NCRC’s Chief of Race, Wealth and Community Dedrick Asante-Muhammad and Heather McCulloch join us to talk about racial and gender wealth gaps.
NCRC’s Chief of Race, Wealth and Community Dedrick Astante-Muhammad participates in a discussion on gentrification, highlighting power, policy and what it takes to address racial economic inequality.
Al Jazeera: ‘Residue’: What is lost to gentrification? Read More »
