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Hall

About Us

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OUR

STORY

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Closing the racial wealth gap is imperative to realizing a strong, sustainable economy. From education to housing to healthcare to criminal justice, racial inequality continues to impede the progress of communities of color and the nation as a whole.

For decades, Black and Brown communities have been underserved—and sometimes unserved—by the United States’ financial system. From access to banking services to redlining to subprime mortgage lending to the recent disparities in relief for small minority businesses during the COVID-19 pandemic, communities of color have historically been disproportionately impacted.

The summits we host, provide a space for banking institutions and the communities they intend to serve to discuss access to capital, affordable housing, neighborhood development, and community reinvestment for these underserved populations.
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ABOUT NMCRC

OUR MISSION
The National Minority Community Reinvestment Co-Operative (NMCRC) is a non-profit coalition of minority-led and focused organizations committed to leveling the playing field for Blacks and Latinos by addressing the socio-economic needs of all people of color. NMCRC advocates for fair policies in the banking and financial community; holds lenders and financial institutions accountable for providing racially relevant resources; hosts educational trainings and gatherings; and facilitates access to capital for minority developers, businesses, and organizations.

We believe that systemic disinvestment in communities of color must be addressed through sustainable economic development that provides access to capital for majority low- to moderate-income families.
OUR VISION
​NMCRC strives to be a nationally recognized, well-capitalized, and sustainable resource cultivator for the Black and Latino community. We aim to build a motivated and robust membership base and be a respected thought leader that advocates for ending financial disinvestment in communities of color.

NMCRC's executive team.

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