NCRC

RVA Mag: Fighting for food justice in a gentrified Richmond

By / / In the News / 2 minutes of reading

RVA Mag, April 23, 2019: Fighting for food justice in a gentrified Richmond Across the city, gardens have emerged in communities of color, but the stewards don’t always match the neighborhood demographic. Without representation and community ownership, are these spaces making the food system more equitable? Not according to food justice activists like Duron Chavis, […]

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AL.com: Mayor: Economic growth that’s equitable and inclusive

By / / In the News / 1 minute of reading

AL.com, April 24, 2019: Mayor: Economic growth that’s equitable and inclusive As mayor, I have been intentional about embracing downtown development and driving an inclusive economy that empowers Birmingham residents to take control of their own economic future. This year, we secured a $25 million commitment from the National Community Reinvestment Coalition for affordable housing.

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PATCH: New Map Shows Gentrification In Minneapolis

By / / In the News / 1 minute of reading

PATCH, April 24, 2019: New Map Shows Gentrification In Minneapolis A new interactive map shows which Minneapolis neighborhoods have been gentrified and, consequently, which groups of people were ultimately forced out of their homes. The map was included as part of a major new study published last month by the National Community Reinvestment Coalition, a

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By 2021, big changes for interest rates could spell trouble for borrowers

By / / Views / 5 minutes of reading

By 2021, the most popular and widely-used interest-rate benchmark, the London Interbank Offered Rate (LIBOR), will no longer exist as a benchmark for the $2 trillion in outstanding loans in the United States. In its place will most likely be the Secured Overnight Financing Rate (SOFR), which is broadly considered to be more robust and realistic than LIBOR. Nearly every borrower in the country that is paying off debt that is set based on the LIBOR will be affected by this change.

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Sabrina Terry

By / / About Us / 2 minutes of reading

Chief, Programs and Strategic Development sterry@ncrc.org 202-464-2717 Sabrina Terry is NCRC’s Chief of Programs and Strategic Development. She will be leading strategy and resource development for special initiatives, supporting the executive team form and manage industry councils and will take over leading the Race, Wealth and Community team. Prior to NCRC, Sabrina was the senior

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Gentrification: A mixed bag in historic Richmond, Virginia, neighborhood

By / / Field Notes / 4 minutes of reading

The primarily African American Jackson Ward neighborhood in Richmond, Virginia, has been swiftly gentrified. While some historical aspects have been forgotten, other areas have seen promising improvements. Overall, the changes to this community have been a mixed bag as some community members have benefited from the changes to home wealth, while others have been forced out.

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The Washington Post: Yes, you can gentrify a neighborhood without pushing out poor people

By / / In the News / 2 minutes of reading

An OpEd in the Washington Post by NCRC CEO Jesse Van Tol, April 8, 2019: Yes, you can gentrify a neighborhood without pushing out poor people When rich people move in, they often displace residents. But it doesn’t have to be that way. Neighborhoods have been developing and changing since the dawn of civilization, but

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NCRC looks forward to working with the new FHFA Director on affordable housing

By / / Press Releases / 1 minute of reading

Yesterday, the U.S. Senate confirmed Mark Calabria as the new director of the Federal Housing Finance Agency (FHFA). Jesse Van Tol, CEO of the National Community Reinvestment Coalition (www.ncrc.org), made the following statement: “I want to congratulate Mark Calabria on his confirmation. We have worked with him over the years. “There have been numerous announcements

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Increasing community development financing data a necessary component for CRA reform

By / / Policy, Views / 7 minutes of reading

Data on community development lending and investing is lacking on a census tract level, making the information incomplete and difficult to assess. However, this is not the case for home mortgage lending data and small business loan data. If the federal regulatory agencies truly want to reform CRA, the first place to start is with better data. It would be a win-win for both banks and community organizations by facilitating identification of underserved areas. It would also further CRA’s objectives of directing access to credit and capital where it is needed most.

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Washington D.G.: the District of Gentrification

By / / Field Notes / 5 minutes of reading

This essay is part of a series that accompanies NCRC’s 2019 study on gentrification and cultural displacement. The opinions expressed in this article are the author’s own and do not necessarily reflect the views of NCRC. Gentrification is a policy-driven process that begins with targeting low-income, urban communities for discrimination and neglect and ends with “improvements”

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Learning from our mistakes: Anti-displacement strategies in Philadelphia

By / / Field Notes / 5 minutes of reading

This essay is part of a series that accompanies NCRC’s 2019 study on gentrification and cultural displacement. The opinions expressed in this article are the author’s own and do not necessarily reflect the views of NCRC. Like other cities, Philadelphia’s past is marred by decisions that pushed low-income people out of their neighborhoods, fostered residential

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Portland, Oregon: Displacement by design

By / / Field Notes / 5 minutes of reading

This essay is part of a series that accompanies NCRC’s 2019 study on gentrification and cultural displacement. The opinions expressed in this article are the author’s own and do not necessarily reflect the views of NCRC. Portland, the largest city in the state of Oregon, is reputed to be the whitest city of its size in the United

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