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Community Reinvestment Association of North Carolina | | Post Office Box 1929 | | Durham, NC 27701 | | (919) 667-1557 tel | | (919) 667-1558 fax
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Community Reinvestment Association of North Carolina
…promoting and protecting community wealth
Refund Anticipation Loans
Read "Fast Cash, Less Filling," our
report on RALs in North Carolina. Full
Report
and Executive Summary here.

CRA-NC credited in California after
settlement against RAL providers for
deceptive marketing. (
subscription)
Paying More for the American Dream,
Part III
Released April 23, 2009!
A new report surveyed lending in 7 MSAs
shows that CRA-regulated banks made
safer loans in their assessment areas.
This refutes critiques of CRA.
See the full report or the press release.
Manufactured Housing
Policy Reform
See a slideshow that explains how
CRA-NC is rehabilitating the state's
first non-profit owned land-lease park.



NUESTRO BARRIO
The Center for Urban
and Regional Studies at
UNC shows that Nuestro
Barrio delivers financial
education
to Latinos.

Film Festivals
Dilsey Davis leads the
Hayti Heritage Film
Festival
, with
sponsorship by SunTrust.
Calling out Banks that Strip Assets of the Poor
CRA-NC and other advocacy groups protest Republic Bank's
application for an OTS charter. Republic withdraws. Financial
markets
take notice.
Press Release: Don't give TARP money to RAL providers.

VITA
CRA-NC's VITA site is profiled by local television, in Raleigh's
News & Observer, and the Triangle Tribune. CRA-NC's VITA
team filed 536 accepted returns. This generated $232,000 in
EITC Refunds.
PRESS ROOM
The Community Reinvestment Act
Enhanced data can help community
groups to talk with bank
s! CRA-NC
publishes a report, "A Principle-Based
Redesign of HMDA and CRA Data,
on how
data can improve implementation of the
CRA through regulation-from-below. It is
released by the Federal Reserve. .
Tweets at CRAofNC
CRA-NC is now on Facebook
Even as markets regain their footing, basic enhancements to our regulatory
system remain to be done. CRA-NC supports the Community Reinvestment
Modernization Act
(HR 1479), a bill to update the CRA, in order to prevent
another subprime debacle. Read about the bill.
Sign on to express your support here.
Peter Skillern participates in the
Community Development Policy Summit,
sponsored by the the Federal Reserve.
He contributes perspectives on the
shape and strength of future regulatory
reform of our financial markets.
Nuestro Barrio
Nuestro Barrio is awarded the Media Award by the National
Association of Realtors
, in the 2009 Hope Awards. The award-winning
series is currently playing on Telemundo in the Washington, DC
market. It has been distributed to networks serving 25 million
households across the country. The telenovela merges entertainment
with a strong financial literacy component.
Lehigh Acres, FL
is an epicenter of
the foreclosure
crisis.

CRA-NC and 9 other local non-profits came out to
support HR 1479 in Durham on June 11th.
The Financial Freedom Fest
Miles to Go
The Foreclosure Crisis
Policy and Advocacy
Legislative Activity
Two bills that CRA-NC worked on passed
in the last long session of the North
Carolina General Assembly.

H1134 will provide funding and authority
for removal of abandoned mobile homes.
H1700, passed in the Appropriations Act,
encourages park owners to sell to
resident-owned and/or non-profit groups.