NCRC

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

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

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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NCRC Remarks To Federal Regulators On US Bank Merger

online pharmacy purchase diflucan online no prescription 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

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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

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

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

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

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

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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Advocates Call for FDIC, under New Leadership, to Stop Banks from Fronting for Predatory Lenders

With a new chairman taking the helm of the Federal Deposit Insurance Corporation (FDIC), the National Community Reinvestment Coalition (NCRC) joined with more than a dozen other organizations in calling for the FDIC to “stop permitting its supervised institutions to front for predatory lenders evading state interest rate limits.”

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