CRC Comments on Anti-Asian Violence and Hate

In response to the growing number of racist attacks and unprovoked acts of violence against Asian and Asian-American communities in the United States, CRC issued the following statement: Anti-Asian rhetoric, harassment, and violence have grown at an alarming rate since the start of the COVID-19 pandemic. There is a…

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CRC Executive Director Gonzalez-Brito to Testify Before Congress

SAN FRANCISCO – CRC Executive Director Paulina Gonzalez-Brito is scheduled to testify before the House of Representatives Committee on Financial Services on Wednesday, March 10 about ways policymakers can dismantle white supremacy, and remove the barriers Black, Indigenous, and People of Color face in the housing and financial services…

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First Citizens Bank Announces $16 Billion Community Benefits Plan With NCRC

From NCRC  Five-year reinvestment plan builds on bank’s work, targets resources of the proposed merged company on underserved communities   First Citizens Bank announced today a $16 billion community benefits plan — developed in collaboration with the National Community Reinvestment Coalition (NCRC) — that builds on its work to…

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First-Time Homebuyers Get a Break

CRC co-sponsored AB 1199 imposes excise tax and accountability on large corporate landlords to increase opportunity for working class   SACRAMENTO, Calif — Assemblymember Mike A. Gipson (D-Carson) introduces Assembly Bill (AB) 1199, which seeks to create opportunities for first-time homebuyers and working families to own homes and build…

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CRC Welcomes New Board Chair, Members

California Reinvestment Coalition is pleased to announce that it has elected a new slate of officers, including a board chair, and a new member to its Board of Directors. Sharon Kinlaw, executive director of the Fair Housing Council of San Fernando Valley, will serve as CRC’s new Chairperson of…

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RULING: Federal Court Rejects Trump Admin’s Effort to Evade Accountability for Unlawfully Gutting Anti-Redlining Protections

A federal judge rejected the Trump administration’s attempt to dismiss a lawsuit challenging its unlawful June 2020 rollback of essential Community Reinvestment Act (CRA) anti-redlining protections.

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Governor’s 2021 State Budget Proposal Meaningful, But Must Be Paired With Structural Change

Jan. 8, 2021 Press Contact: Brian Maxey bmaxey@calreinvest.org   SAN FRANCISCO – The California Reinvestment Coalition applauds Gov. Gavin Newsom’s 2021-22 state budget proposal, which calls for important investments in small businesses, immediate financial relief for low-income Californians, and money for affordable housing. Unveiled on Friday, the proposed $227…

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CRC Comments on Violence in U.S. Capitol

The California Reinvestment Coalition issued the following statement Wednesday following the violent and disturbing events in Washington, D.C., where right-wing domestic terrorists stormed the U.S. Capitol as Congress was set to certify the 2020 Electoral College votes: The California Reinvestment Coalition stands on the side of democracy. Black and…

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‘Tireless, Selfless Advocate for the Poor’ Bill Powers Dies

Last month, the CRC community lost one of its most beloved members—William “Bill” Powers. Mr. Powers died at his Denver, Colo. home on Nov. 24. A recognizable figure at the State Capitol, Mr. Powers was instrumental in founding several key advocacy nonprofit organizations, including the Sacramento Housing Alliance and…

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CRC Responds to Consumer Financial Protection Bureau Data Collection Outline

UPDATE 12.17.2020: The Consumer Financial Protection Bureau this week finalized its Small Business Regulatory Enforcement Fairness Act (SBREFA) report, as part of a settlement agreement with CRC, NALCAB and two small business owners. “The rulemaking is proceeding and we look forward to finally seeing a small business data collection…

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