Press Releases

For interviews and other media requests, contact:

Alyssa Wiltse, Director of Marketing
media@ncrc.org   •    202-393-8309

NCRC Supports Treasury’s Release of CDFI Funds, Calls for Protection of HUD Housing Counseling Funds

“The release of these CDFI Fund awards is welcome news for communities across the country. Twenty-nine NCRC member CDFIs received $22.1 million, meaning nearly one in four of our 125 CDFI members received awards this year,” said Dyson.

NCRC Supports Treasury’s Release of CDFI Funds, Calls for Protection of HUD Housing Counseling Funds Read More »

Washington State Could Lose $3 Billion in Community Development Investments With Proposed Changes To CRA, NCRC’s President and CEO Jesse Van Tol Says

“Luckily, Washington has had a state CRA since 1985,” said Van Tol. “Washington’s CRA gives state regulators a way to prevent the significant declines in the quantity and quality of community development financing that the federal proposed rule would bring to their state. We strongly encourage all states to establish and strengthen their own Community Reinvestment Acts in response to the proposed rollbacks at the federal level.”

Washington State Could Lose $3 Billion in Community Development Investments With Proposed Changes To CRA, NCRC’s President and CEO Jesse Van Tol Says Read More »

New NCRC Analysis: 85% of Community Development Activity At Risk With Proposed CRA Rule Changes

“We continue to analyze these proposed changes, and everywhere we look we find new reasons for alarm. Our new analysis shows that up to 85% of community development activity could be at risk among top OCC and FDIC regulated banks,” said Jesse Van Tol, NCRC’s president and CEO

New NCRC Analysis: 85% of Community Development Activity At Risk With Proposed CRA Rule Changes Read More »

NCRC, Rise Economy and 374 Organizations Call On FDIC, OCC To Extend CRA Comment Period

Today, the National Community Reinvestment Coalition (NCRC), Rise Economy and 374 national partners, financial institutions, community organizations, local government agencies, religious groups and small business owners submitted a letter to the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) calling for a comment period extension for the new proposed Community Reinvestment Act (CRA) rule. 

NCRC, Rise Economy and 374 Organizations Call On FDIC, OCC To Extend CRA Comment Period Read More »

New NCRC Report Calls for Community-Led Approach to Rural AI Data Center Development Under New Opportunity Zones

The new Opportunity Zones program could further accelerate data center development in rural communities, making it critical that these projects are community-led and designed to address their growing financial and resource demands, according to a new report from the National Community Reinvestment Coalition (NCRC).

New NCRC Report Calls for Community-Led Approach to Rural AI Data Center Development Under New Opportunity Zones Read More »

NCRC Awards $1.34 Million in Field Empowerment Fund – Housing Counseling Services Grants to 95 NCRC Member Organizations

Annually, these agencies serve over 85,000 households across the United States, with over 63,000 of those households falling under 80% of their regional median income levels. This grant funding will fuel their critical services, empowering families across the country to achieve housing stability and homeownership.

NCRC Awards $1.34 Million in Field Empowerment Fund – Housing Counseling Services Grants to 95 NCRC Member Organizations Read More »

NCRC, Woodstock and Rise Economy Strongly Oppose OppFi’s Applications to Become a Bank Holding Company and to Merge with BNCCORP

The letter outlines the unacceptable risks for low- and moderate-income communities, consumers and small businesses, as well as the safety and soundness of the financial system that would come from granting OppFi direct access to the banking system.

NCRC, Woodstock and Rise Economy Strongly Oppose OppFi’s Applications to Become a Bank Holding Company and to Merge with BNCCORP Read More »

NCRC Opposes Main Street Act That Weakens Banking Oversight and Community Voice

NCRC’s President and CEO Jesse Van Tol released a statement in regards to the House’s recent passage of H.R. 6955 (the Main Street Capital Access Act) and the devastating ripple effects it will have on regulatory accountability for banking institutions as well as fair lending for communities: The House voted to hand banks a green

NCRC Opposes Main Street Act That Weakens Banking Oversight and Community Voice Read More »

NCRC To Host Reinvest Washington, a Regional Summit for Community Development Leaders

The summit will bring together advocates, lenders, developers, philanthropy, public sector, nonprofit leaders and community development practitioners for practical conversations grounded in what people and organizations are experiencing across the state.

NCRC To Host Reinvest Washington, a Regional Summit for Community Development Leaders Read More »

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