NCRC

Banking Dive, November 29, 2022, BMO unveils $40 Billion community benefits plan BMO developed the plan with input from more than 85 community groups through listening sessions facilitated by the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC). A number of community advocates expressed their concerns over the deal during a July public hearing held […]

Capital Analytics Associates, August 16, 2022, Revitalizing investment in overlooked Philadelphia communities through neighborhood-focused development According to a new study by the National Community Reinvestment Coalition, Philadelphia was among the Top 20 most gentrified cities before the pandemic. However, studies from the Federal Reserve Bank of Philadelphia have found that gentrification is not necessarily harmful for the original residents.

Bankrate, August 16, 2022, What are Hispanic American-owned banks and how can you support them? While the federal government prohibited redlining in 1968 with the Fair Housing Act, its effects are still felt today. Nearly three-quarters (74%) of areas that were redlined — discriminated against by lenders — are low-to-moderate income today, according to a study