Joshua Devine, Director of Racial Economic Equity and Jason Richardson, Senior Director of Research

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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Consumer Advocate Groups Call on FDIC to Reject Ford Credit’s ILC Charter Application

Ford Motor Company should be denied deposit insurance for its proposed new Ford Credit industrial loan company (ILC) charter, the National Community Reinvestment Coalition (NCRC), the National Consumer Law Center (on behalf of its low-income clients), Americans for Financial Reform Education Fund, and the Center for Responsible Lending wrote to the Federal Deposit Insurance Corporation

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Groups Call on FDIC to Reject Ford Credit’s ILC Charter Application

(Download) August 24, 2022 Kathy L. Moe Regional Director Janet R. Kincaid Deputy Regional Director Federal Deposit Insurance Corporation 25 Jessie Street at Ecker Square, Suite 2300 San Francisco, CA 94105 Re: Interagency Charter and Federal Deposit Insurance Application for Ford Credit Bank, a Utah State-Chartered Industrial Bank, Submitted to the Federal Deposit Insurance Corporation and

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Video: Your membership, your benefits

Online Event Archive Recorded August 11, 2022 Do you need a refresher on the benefits and resources your NCRC membership offers? Do you want your team to learn more about how to access the resources available through NCRC? Listen to this conversation about the resources, services, content and networking your membership includes. Most importantly, how

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NCRC Comment on Responsible Development of Digital Assets

(Download) August 8, 2022 Natalia Li Deputy Director Office of Financial Institutions Policy Department of the Treasury 1500 Pennsylvania Ave. NW Washington, DC 20220 RE: Docket 2022-14588 Ensuring Responsible Development of Digital Assets Dear Ms. Li: Thank you for the opportunity to comment on these questions. The National Community Reinvestment Coalition (NCRC) is an association

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