Bruce C. Mitchell, PhD and Dedrick Asante-Muhammad

Columbia at 55: Creeping Segregation and Lack of Affordable Housing Threatens A Legacy of Black/White Integration

Columbia represented case study in a new era of desegregation for American housing in the 1960s. These efforts at desegregation focused on easing the division of Black and White residential neighborhoods. While there has been exponential growth of the Asian and Hispanic communities of Columbia during the past three decades, this report focuses on the economic status of the Black community since development.

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Guidelines for Evaluating Account and Services Requests, Docket No. OP-1788

(Download) January 17, 2023 Ann E. Misback Secretary Board of Governors of the Federal Reserve System 20th and Constitution Avenue, NW Washington, DC 20551 RE: Guidelines for Evaluating Account and Services Requests, Docket No. OP-1788 Dear Secretary Misback: Thank you for the opportunity to provide comments on the Proposed Guidelines Evaluating Account and Services Requests. The

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Video: Understanding financial statements to better operate your business

Online Event Archive Recorded December 19, 2022 Join our webinar for insights on decoding your financial statements to strategically operate and grow your business. In this session, you’ll gain knowledge on: Developing and examining key financial statements, including the balance sheet, profit and loss statement, cash flow statement, and other essentials. Effectively budgeting and creating

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NCRC and its Coalition Call on Regulators to Reform Bank Merger Reviews. All Mergers Must Result in Benefits for the Public

(Download) The Honorable Martin Gruenberg Acting Chair of the Board The Federal Deposit Insurance Corporation 550 17th Street, NW Washington, D.C. 20429  The Honorable Michael Hsu Acting Comptroller of the Currency Office of the Comptroller of the Currency 400 7th Street, SW Washington, D.C. 20219 The Honorable Michael Barr Vice Chair for Supervision Board of

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REDLINED: KeyBank Continues to Fail Black America Despite Its Commitments to Improve

KeyBank disregarded commitments to improve lending to Black homeowners and potential homeowners.  Federal data shows KeyBank now ranks at the bottom among the 50 largest mortgage lenders in the nation in the percentage of its borrowers who are Black, live in majority-minority or LMI neighborhoods and are people of color.

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NCRC Letter to ICIC on Opportunities and Challenges in Federal Community Investment Programs

(Download) December 5, 2022 Interagency Community Investment Committee (ICIC) U.S. Department of the Treasury U.S. Small Business Administration U.S. Department of Commerce U.S. Department of Transportation U.S. Department of Housing and Urban Development U.S. Department of Agriculture Re: Notice and Request for Information on Opportunities and Challenges in Federal Community Investment Programs, 87 Fed. Reg.

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Investing in Culturally-Significant Businesses and Community Growth

Arts and culture are an important component of overall quality of life for every person on earth. Access to cultural resources and connections – or the lack thereof – shapes many aspects of our nation’s society. It also influences economic outcomes, as economists who study the role of “human capital” in wealth-building and opportunity creation have identified.

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Video: Democratizing Wealth Building to Help Close the Racial and Gender Gap

Online Event Archive Recorded November 15, 2022 Persistent racial and gender wealth gaps remain a major obstacle to building financial security for low- and moderate-income (LMI) households in the United States. How can we ensure that the financial system, and opportunities to build wealth, are developed to meet the needs of LMI people? Income alone

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NCRC Response to Advance Notice of Proposed Rulemaking on Trade Regulation on Surveillance and Data Security, “Commercial Surveillance, R111004.”

(Download) Office of the Secretary Federal Trade Commission 600 Pennsylvania Avenue, NW Suite CC-5610 (Annex B) Washington, DC 20580  Re:  Response to Advance Notice of Proposed Rulemaking on Trade Regulation on Surveillance and Data Security, “Commercial Surveillance, R111004.” Dear Secretary: The National Community Reinvestment Coalition (NCRC) welcomes the opportunity to comment on the Federal Trade Commission’s (FTC)

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Video: Generational Wealth: Credit Barriers for People with a Criminal History

Online Event Archive Recorded November 10, 2022 Nearly 1 in 3 Americans have a criminal record. Each year over 600,000 Americans are released from state or federal prisons and re-enter society. Re-entry into society poses barriers to everyone but disproportionately affects African Americans and other minorities as African Americans and Hispanics make up 56% of

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How And Why CRA Reform Proposals Must Improve Access To Credit And Capital For Small Businesses

How And Why CRA Reform Proposals Must Improve Access To Credit And Capital For Small Businesses November 2022 Download Report Josh Silver, Senior Fellow In late spring of 2022, the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) proposed the most far-reaching changes to

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Video: NCRC MicroBiz Capital Accelerator Program (MCAP) Webinar

Online Event Archive Recorded November 3, 2022 NCRC has launched a new grant and technical assistance opportunity, the MicroBiz Capital Accelerator Program (MCAP), exclusively for nonprofit, small business capital providers. This pilot program is being offered to NCRC members seeking to grow and scale the impact of their capital and other small-dollar loan programs supporting

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NCRC Calls for Reforms to Federal Home Loan Bank System

(Download) October 31, 2022 The Honorable Sandra Thompson Director Federal Housing Finance Agency 400 7th Street, SW Washington, DC 20024 Dear Director Thompson, The National Community Reinvestment Coalition (NCRC) appreciates this opportunity to share insights on the structure and role of the Federal Home Loan Bank System (FHLBs). This written response includes and expands upon

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Video: NCRC Appraisal Bias Investigation

Online Event Archive Recorded October 26, 2022 NCRC released a new report documenting a groundbreaking study using mystery shoppers in Baltimore, MD, which showed that real estate appraisers are providing better service to White homeowners than Black homeowners, and assigning higher values to homes that they believe to be White-owned. Black/White interracial couples who own

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