NCRC condemns attacks on Asian Americans
Our conversations on race must include Asian Americans.
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Views
Analysis and points of view on research, trends, issues, ideas and opportunities.
CRA Overhaul Comments to the Federal Reserve: Banks say, “No, We Can’t” and community groups say “Yes, You Can”
Reading the comment letters from industry and community groups regarding the Federal Reserve Board’s (board) Advanced Notice of Proposed Rulemaking on the Community Reinvestment Act (CRA), I am reminded of the childhood tale of the “Little Engine that Could,”
The Scale of the Nation’s Affordable Housing Challenge Requires Enterprises Ready to Meet It
Even with a conservatorship that has constrained many of the key functions of these institutions, Fannie Mae and Freddie Mac remain vital participants in the nation’s affordable housing ecosystem. Going forward, it is critical that they not be hamstrung by excessive capital requirements that will make mortgage credit more unaffordable for low- and moderate-income and minority borrowers and communities, and undermine the ability of the government-sponsored enterprises (GSEs) to help meet the scale of the affordable housing challenges facing the nation.
In memoriam: Dr. Jerome D. Williams, a giant in the fight against systemic racism
Dr. Williams was not just a leader in the academic marketing field, but a giant. For the past 30 years, he spent his career working to change the system. He was a prolific author who mentored many people, including me.
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A Steely National Resolve Is Needed to Achieve an Equitable Recovery
Rebuilding vulnerable communities reeling from the economic ravages of COVID-19 pandemic will require a heightened public-private partnership—one defined not just by resolute individual and entrepreneurial initiative, social enterprise, and nonprofit capacity-building, but also by thoughtful and visionary public policy re-envisioned with these communities in mind.
A Steely National Resolve Is Needed to Achieve an Equitable Recovery Read More »
An astonishing web of laws and policies will need to be revised to set the nation on the right course
Congratulations to President Joe Biden and to Kamala Harris, who today achieved many firsts as Vice President of the United States: Black, South Asian, woman and mom.
Billionaires need to pay their fair share
The wealth gap between rich and poor Americans has more than doubled since 1989. The top 1% own more wealth than the entire bottom 90% combined. In the midst of the global pandemic, some of the nation’s super rich have doubled or even tripled their net worth.
Billionaires need to pay their fair share Read More »
NCRC Statement on the failed coup
An armed and deluded mob stormed the nation’s Capitol and attempted a coup. The scene itself was unbelievable, but so was the response from law enforcement.
NCRC Statement on the failed coup Read More »
Why Biden Must Build Back Better Than Obama For Blacks
President Obama promised to use the president’s power to increase opportunity for all Americans, regardless of race or class. Despite this promise, little to no progress was made in bridging Black/White inequality in wealth, income and homeownership.
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Hospitals Can Partner with Banks Under the Community Reinvestment Act to Create Healthy Communities
Loans and investments made as part of banks’ Community Reinvestment Act (CRA) activities are an important source of funding for hospitals and health systems to address social determinants of health, the physical and social conditions in the environment that influence health.
How the new Selena series is a reminder of the need for economic justice
Netflix’s new TV series, “Selena,” reacquaints fans with the pop sensation’s many hits, including “Bid Bidi Bom Bom” and “Como La Flor,” but it also revisits the family’s turbulent financial journey to stardom. The series showcased 10+ years of financial insecurity in pursuit of a familial dream.
How the new Selena series is a reminder of the need for economic justice Read More »
Change is on the way, but it won’t be easy
Donald Trump’s victory four years ago was unimaginable to many, and an emotional blow that only got worse over time. Until now. The post election drama is mostly over. The Electoral College is done. We finally know: Joe Biden will be the 46th president, and Kamala Harris will be many firsts as vice president: Black, South Asian, woman, mom.
Change is on the way, but it won’t be easy Read More »
Small Businesses of Color Matter Too
Minority-owned businesses are vital to economic growth, but discriminatory lending hinders access to credit.
Small Businesses of Color Matter Too Read More »
COVID-19 is speeding up white flight: Now is the time to invest in affordable housing
The pandemic has triggered the start of what might become a new round of “white flight” in some of the highest cost cities.
COVID-19 is speeding up white flight: Now is the time to invest in affordable housing Read More »
Why BLM Solidarity Requires Banks To Address Diversity And Inclusion Issues
Some bank executives claim a limited pool of Black talent to recruit from, but the problem is in large part due to insular recruitment practices.
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