Today, the National Community Reinvestment Coalition (NCRC) and Morgan Stanley (NYSE: MS) announced a $15 billion, four-year community benefits plan that will increase the financial services company’s lending and investments in lower-income communities.
Chief of Community Finance and Mobility mcalderon@ncrc.org 202-464-2707 Marisa Calderon is an experienced executive who is regularly recognized, awarded and cited nationwide for her expertise in the housing and financial services industries. She has over two decades of experience dedicated to the issues of economic mobility and bridging America’s racial wealth gap. Marisa Calderon is
It’s not too simple to say that governmental housing policies that endorsed and promoted segregation and racism had a profound and lasting legacy that we can still see in the landscape of American cities today.
Mapping Inequality: There were no dog whistles, the racism was loud and clear. Read More »
Before the pandemic devastated minority communities, banks and government officials starved them of capital.
Like most American cities, Memphis has a long history of racist housing and environmental policies. As this report from NCRC and its university partners shows, this history has real world impacts today, resulting in worse health outcomes for Black neighborhoods, shorter lifespans, poorer overall health and greater risk of several complications due to COVID-19.Â
Environmental Justice and COVID-19: Some are Living in a Syndemic Read More »
With Grandparents Day fast approaching this Sunday, September 13, is a time to honor the role grandparents play, as well as call attention to the adverse effects the current coronavirus pandemic poses to older adults.Â
Grandparents: A Renewed Role as Parents To Grandchildren Read More »
The Trump Administration has attacked one of the most vital pieces of civil rights legislation, the Fair Housing Act, on multiple fronts in the last several weeks. They gutted the Affirmatively Furthering Fair Housing rule that enforces fairness in housing. Now, they are effectively eliminating the disparate impact standard in fair housing cases.
NCRC Condemns HUD’s Disparate Impact Rule Read More »
As COVID-19 disproportionately affects BIPOC and police violence perpetuates devastation to families and communities of color, local governments across the country are acknowledging racism as a public health crisis through public declarations.Â
Will local resolutions against racism make a difference? Read More »
If it remains confined to banks, CRA will miss opportunities to make sure that securities services are offered equitably to low- and moderate-income communities.
Richard Rothstein outlines what’s necessary to reproach residential segregation in NCRC’s Just Economy Series.
A Just Economy requires a new Civil Rights movement Read More »
if the Community Reinvestment Act (CRA) remains confined to banks, our nation’s underserved neighborhoods will have a harder time revitalizing. Banks are one part of the total financial industry and a shrinking part at that.Â
Expanding CRA to Non-Bank Lenders and Insurance Companies Read More »
LGBTQ+ Americans are less likely to own their homes when compared to their straight, cisgender counterparts, and they are more likely to experience financial hardship.Â
Lending Discrimination Faced by Same-Sex Couples in the Mortgage Arena Read More »
This week, 19 national community organizations called on the Federal Housing Finance Agency (FHFA) to provide more clarity and transparency around the impacts of the agency’s proposed capital requirements for Fannie Mae and Freddie Mac (the Enterprises) before the end of a public comment period on August 31st.
Development Manager pyork@ncrc.org 202.383.7716 Phil York is NCRC’s Development Manager. Phil graduated cum laude from Marietta College in Marietta, Ohio, in 2010 with a B.A. in Political Science and a Business Leadership Certificate where he earned distinctions as a member of three national honor societies – history, political science and leadership. After Marietta, he pursued
For 60 years Horizons, A Family Service Alliance has been dedicated to providing opportunities to improve the lives of individuals and families.
New Member Profile: Horizons, a Family Service Alliance Read More »
