WASHINGTON – The U.S. Department of Housing and Urban Development today awarded $26.5 million in “sweat equity” grants to produce at least 1,500 affordable homes for low-income individuals and families. Funded through HUD’s Self-Help Homeownership Opportunity Program (SHOP), the funding awarded toda...

The Obama stimulus bill is now one year old, and it is as controversial now as it was when it first passed. Last week, in the wake of the anniversary, the White House released the first Annual Report to the President on Progress Implementing the American Recovery and Reinvestment Act of 2009, which ...

After the first of the year food bank shelves and pantries are often bare from the large volume of requests that occur during the holiday season. The TD Charitable Foundation is helping replenish these shelves by donating a total of $680,000 to 32 food banks in support of families throughout the TD ...

Chase and Facebook have announced the final list of small and local charities that will receive a total of more than $5 million in grants from Chase through Chase Community Giving. Winning charities will use the funding to help child soldiers in Africa return to school and a normal life, to support ...

Janice Gore wanted a back yard to host family barbecues. Gary Jones wanted a lawn where he could toss the football with his son. And Chiquisha Robinson just wanted to put down roots in a community where her home purchase could make a difference.

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 ...

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. ...

CareerOneStop is an integrated suite of national web sites that help businesses,

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...

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...

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.