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News and Updates
Though the number of unemployed people is rising in the Washington area, Kimberly A. Holder of the Food and Drug Administration has an opposite problem: She's looking for people to fill hundreds of positions slated to open soon
Many states face constitutionally mandated deadlines to balance their budgets this week, marking the end of the second quarter. For the 38 states facing fiscal deficits, achieving balanced budgets in the current economic climate is exceptionally difficult, due to steep revenue shortfalls. Increases ...
As part of the Obama Administration's effort to create jobs and ease pressures on the housing market, the U.S. Department of the Treasury today announced $268 million in American Recovery and Reinvestment Act (Recovery Act) funding to spur the development of affordable housing units in Indiana, Miss...
Washington, DC – 90 years after the passage of the 19th amendment by Congress, a new report for the National Council of Negro Women researched by the National Community Reinvestment Coalition (NCRC) shows that experience of women in the mortgage lending process varies significantly on the basis of r...
On May 22, 2009, NCRC CEO and President John Taylor attended the bill signing of the Credit Card Accountability, Responsibility, and Disclosure Act at the White House.
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NCRC and Member News
On June 11, 2009, in 50 places across the country, NCRC members and community partners will hold public assemblies at courthouses, legislative buildings, or unemployment offices to call for local, state and federal action to create jobs, stop foreclosures, and rebuild communities.
In more than 30 cities over the last two weeks, the National Community Reinvestment Coalition (NCRC) convened local elected officials, faith leaders, community organizers and concerned citizens at Town Hall events across the country to urge President-elect Barack Obama and Congress to take decisive ...
Taylor Says Improved Coverage and Enforcement of the Community Reinvestment Act Could Have Protected Homeowners from Forelosure Crisis
Recommendation to Establish the Homeowner Emergency Loan Program (HELP Now) Submitted to the United States Senate Committee on Banking, Housing and Urban Affairs
Good afternoon, Chairman Frank and Ranking Minority Member Bachus. My name is John Taylor and I am the President and CEO of the National Community Reinvestment Coalition (NCRC). I am honored to be testifying on behalf of the 600 community nonprofit member organizations of NCRC that are dedicated to ...
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NCRC Member Profiles
The National Consumer Law Center (NCLC) is the nation’s consumer law expert, helping community advocates and public policy-makers use powerful and complex consumer laws on behalf of low-income and elderly Americans seeking economic justice.
Formed in 1964, SCORE is a 501 (c) (3) social profit (nonprofit) organization providing a public service by offering small business advice and training. The association is a resource partnered with the U.S. Small Business Administration. Its 10,500 volunteers are ready to share their wisdom and les...
Social Compact is a coalition of business leaders from across the country, who are promoting successful business investment in lower-income communities for the benefit of current residents.
The Shaw neighborhood of Washington, DC is an historically African-American community that has suffered from decades of disinvestment, lack of City services, and lack of economic opportunities for its residents. Recent years have seen increased market-rate development that caters to new residents, o...
NeighborWorks America creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities.A national nonprofit organization created by Congress to provide financial support, technical assistance, and training for community-based revitalization efforts.
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Community Development, Housing & Employment Opportunities
CareerOneStop is an integrated suite of national web sites that help businesses,
Around the State News from the Conference of State Banking Supervisors
National League of Cities.The National League of Cities has released the City Fiscal Conditions in 2008 Report, which finds a troubling combination of developments that will likely affect the financial health of cities over the next several years.
Metropolitan Washington now has one of the fastest growing foreclosure rates in the country, with families losing homes six times more frequently during the first quarter of 2008 than in 2007, according to a study done by the Center for Regional Analysis at George Mason University.
Year Old Program Helps Majority of Graduates Land Jobs
Week of August 8, 2008: To assist in the ongoing fight against financial services fraud, the D.C. Department of Insurance, Securities and Banking is launching Financial Fraud Awareness Week on Aug. 10-17. DISB has partnered with organizations such as the National Insurance Crime Bur...
Government Agencies
Robert J. Spagnoletti brings to the District more than 15 years of legal experience, including 4 years as a litigation associate and 13 years as an Assistant United States Attorney.
The Department of Banking and Financial Institutions was legislated in 1986 as the regulatory authority for financial institutions operating in the District of Columbia. In March 2004, D.C. Mayor Anthony Williams signed into law a bill enacted by the Council of the District of Columbia that combines...
Thomas Hampton was appointed the Acting Commissioner for the District of Columbia's Department of Insurance, Securities and Banking (DISB) by DC Mayor Anthony A. Williams on September 30, 2005. In this role, Hampton is responsible for the 5-bureau, 130+ people agency that regulates all financial in...
State Legislation
A History of the District of Columbia's Predatory Lending Laws
The District of Columbia Predatory Lending Law was introduced in 2002 for hearings, review and comment, and was enacted in January 2003.
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