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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CRC Applauds Gov. Newsom’s $500 Million Small Business Relief Plan

FOR IMMEDIATE RELEASE Press Contact: Brian Maxey (559) 286-7705 bmaxey@calreinvest.org or press@calreinvest.org CRC Applauds Gov. Newsom’s Tax, $500 Million Small Business Relief Plan   The California Reinvestment Coalition (CRC) applauds Gov. Gavin Newsom’s plan to provide immediate financial and tax relief for small businesses hit hard during the COVID19…

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Governor Newsom Signs Sweeping Housing Foreclosure Bill Prevent Private Equity Firms From Gobbling Up Foreclosed Properties

September 28, 2020 Press Contact: Fermin Vasquez (213) 924-7661 press@calreinvest.org    Governor Newsom Signs Sweeping Housing Foreclosure Bill Prevent Private Equity Firms From Gobbling Up Foreclosed Properties    Sacramento, CA– In a sweeping move, Governor Newsom has signed State Senator Nancy Skinner’s  SB 1079 to prevent corporate private equity…

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Governor Newsom Signs Landmark Bill to Take On Waste & Abuse In The Financial Industry

September 18, 2020 Press Contact: Fermin Vasquez (213) 924-7661 press@calreinvest.org    Governor Newsom Signs Landmark Bill to Take On Waste & Abuse In The Financial Industry   California Enacts the Strongest Financial Protection Agency in the Country, Leading Where the Trump Administration Has Failed Consumers     Sacramento, CA– While…

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California Reinvestment Coalition Applauds Governor Newsom for Extending Tax Credit to Immigrant Workers

September 18, 2020 Press Contact: Fermin Vasquez (213) 924-7661 press@calreinvest.org    California Reinvestment Coalition Applauds Governor Newsom for Extending Tax Credit to Immigrant Workers As COVID19 Economic Impacts Devastate Immigrant Workers, and Excludes them from Federal Relief, Earned Income Tax Credit is a Lifeline   Sacramento, CA– At a…

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