NCRC

NCRC, OFN and 91 Community Groups Support SBA’s Community Advantage Pilot Program Reforms

By / / Press Releases / 5 minutes of reading

In a letter to the SBA, the National Community Reinvestment Coalition (NCRC) and the Opportunity Finance Network (OFN), organizations that advised SBA on changes to the Community Advantage Pilot Program, were joined by 98 community and national organizations in support of the proposed reforms. NCRC President & CEO Jesse Van Tol and OFN President & CEO Lisa Mensah attended the announcement at Howard University in Washington, DC.

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OFN, NCRC Letter to SBA to Support proposed reforms to the Community Advantage Pilot Program

By / / Testimony & Regulatory Comments / 4 minutes of reading

The Opportunity Finance Network (OFN) and the National Community Reinvestment Coalition (NCRC), along with the undersigned, are writing to express our strong support for the Small Business Administration’s (SBA) proposed reforms to the Community Advantage Pilot Program.

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The CFPB’s Announcement That Discrimination is Unfair: Both Groundbreaking and A Statement of What We All Know To Be True

By / / Views / 7 minutes of reading

he CFPB’s announcement is a good step in rooting out discriminatory practices that have evaded exposure either through good compliance practices or enforcement because they were adjacent to the credit or housing markets. Not any more.

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To Achieve a Truly Just Economy, We Need to Prioritize the Needs of Working Mothers

By / / Views / 3 minutes of reading

Though remote work productivity skyrocketed in many ways during the pandemic, there is a trend to return to the old normal. The needs of working mothers are still not top of mind for many companies. The difference now is that women are not eager to return to antiquated workplaces that don’t work for them.

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NCRC Remarks To Federal Regulators On US Bank Merger

By / / Testimony & Regulatory Comments / 3 minutes of reading

Jesse Van Tol, President and CEO of the National Community Reinvestment Coalition, provided the following testimony on March 8, 2022, to regulators reviewing the proposed merger of U.S. Bancorp and MUFG Union Bank.  Good morning. I’m Jesse Van Tol and I’m the President and CEO of the National Community Reinvestment Coalition (NCRC). I will detail

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NCRC Community Development Fund Named to Fast Company’s Annual List of the World’s 50 Most Innovative Companies for 2022

By / / Press Releases / 4 minutes of reading

The NCRC Community Development Fund, Inc. (NCRC CDF) has made Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2022, placing ninth in the “Small and Mighty” category. 

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Mayor Woodfin to Present Keys to First Homeowners in Historic Birmingham Neighborhood

By / / Press Releases / 4 minutes of reading

The first homeowners will receive keys to their new homes from Mayor Randall Woodfin on March 17, 2022, at a ribbon-cutting ceremony celebrating homeownership and the revitalization of the Ensley community. These will be the first closings under the $25 million partnership between the City of Birmingham and The NCRC Housing Rehab Fund, LLC (NCRC HRF), known as GROWTH by NCRC.  

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Advocacy groups remind bank regulators of the urgent need for stronger CRA rules and tougher enforcement on lending equity and bank mergers

By / / Press Releases / 5 minutes of reading

With a new proposal imminent from bank regulators, community, civil rights and consumer advocacy groups stress the urgency of updates to Community Reinvestment Act

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NCRC and Cadence Bank Announce $20.7 billion Community Benefits Plan

By / / Press Releases / 9 minutes of reading

Cadence Bank announced today its 2022-2026 Community Benefits Plan, developed in collaboration with the National Community Reinvestment Coalition (NCRC), building on the bank’s longstanding commitment to support traditionally underserved communities, including low- and moderate-income (LMI) neighborhoods, people of color and small businesses.

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Profiles in Impact: Alvin Johnson, Birmingham, Alabama

By / / Field Notes / 2 minutes of reading

Meet Alvin Johnson, GROWTH by NCRC’s agent partner at its new Oak Hill community in Birmingham, Alabama. Apart from a seven-year career in the US Navy and two years working in quality control for Firestone in Georgia, the Birmingham native has spent his life serving residents of the city and throughout Alabama.

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