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  • Sessions Slides & Recordings | 2022 National Black & Latino Economic Summit

    SLIDE DECKS & VIDEO RECORDINGS Session We held a variety of sessions facilitated by dynamic, knowledgeable speakers and panels and we are sharing it all with you! All sessions slide decks have been provided you to view with your organizations or individually. Thanks to our sponsors we could provide this summit 100% free which means the information is free to you as well. Looking for a specific topic or Session? Read More STRATEGIES THAT WORK: INCREASING YOUR ORGANIZATION'S SINGLE-FAMILY AFFORDABLE HOUSING DEVELOPMENT BUSINESS It is challenging, but not impossible for organizations supporting Black & Latino homeownership to compete with private investors and rising gentrification. This panel highlights promising practices to acquire, rehab, and preserve affordable and attainable housing for minority communities. Topics include: (1) Real solutions that are working across the country and (2) How to choose and work with different types of investors. Download Slide Deck Rate this Session Read More SINGLE-FAMILY AFFORDABLE HOUSING CONSTRUCTION LINES OF CREDIT FORUM Bankers, Black & Latino Community Leaders and audience members discuss Preparing Your Organization to Request A Bank Construction Line of Credit and Preparing Your Organization to Request A Bank Construction Line of Credit: Best LOC for your needs Examples of effective LOCs Understanding your financial statements What information is required Propoerty Development Schedule Download Slide Deck Rate this Session Read More SMALL BUSINESS: ACCESS TO CREDIT 101 This session will explore several ways to establish business credit, what lenders look for, and the borrowing process. Download Slide Deck Rate this Session Read More ACCESS TO CAPITAL & ORGANIZATIONAL BEST PRACTICES FROM SUCCESSFUL MINORITY AFFORDABLE HOUSING DEVELOPER & NOT-FOR-PROFITS Single-Family affordable housing developers from various markets across the U.S. discuss successful and profitable affordable housing development best practices to include, but not limited to: financial models, construction models, productive housing partnerships, construction capital strategies and access to housing/lot inventories. Download Slide Deck Rate this Session Read More RACIAL ECONOMIC INCLUSIONS & THE COMMUNITY REINVESTMENT ACT The Community Reinvestment Act of 1977 (CRA) was enacted by Congress to address the lack of racial economic inclusion within the banking industry and to ensure that banks meet the capital needs of the communities they do business in. The recent Pandemic exposed a monumental economic fault line between white and Black/Latino communities, families and businesses. Blacks and Latinos economically suffered at twice the rate of whites. This session will highlight Baltimore CRA where Black & Latino leaders have come together to meet with the top 11 banks in Baltimore to address racial economic inclusion within these banks that includes calling on banks to provide racially relevant capital. Download Slide Deck Rate this Session Read More SMALL BUSINESS FINANCING 201: SUPPLIER DIVERSITY PROGRAMS Learn how Supplier Diversity programs are structured, how they can strengthen diverse communities, and most of all, how your small or diverse business can access them. Now more than ever, there are growing demands on corporations to demonstrate ethical compliance and social responsibility. This session will demystify the WMBE Certification process and how to your certification can grow your business. Download Slide Deck Rate this Session Read More AUCTION.COM: OPENING THE DOOR TO OPPORTUNITY Join us on a journey to learn why transparency in distressed asset disposition is a win for investors and a win for banks and servicers. We will share the evolution of our auction philosophy, current programs that are redefining how the industry views disposition and challenge the misconception of who buys distressed real estate. Hear our thoughts on where the market is heading and how non-profits and development-minded investors can leverage our platform to help stabilize neighborhoods and drive change. Download Slide Deck Rate this Session Read More BLACK & LATINO SMALL BUSINESS ACCESS TO CAPITAL: DEBIT & EQUITY FORUM Black & Latino small business organization leaders from across the U.S., key banks and audience members engage in a candid discussion on capital solutions that work to address the lack of access to capital that is hampering critical economic growth in predominate Black & Latino communities. This session will review successful debt and equity capital solutions targeting Black & Latino small businesses and new bank capital initiatives targeting increased access to capital for minority small businesses. Download Slide Deck Rate this Session Read More PURCHASE/REHAB LOAN PRODUCTS THAT MAXIMIZE BLACK & LATINO HOME EQUITY Community housing experts, bankers and housing industry professionals come together to provide the audience with an overview of home/rehab loan products that are beneficial for Black & Latino home buyers. Download Slide Deck Rate this Session Read More BLACK TO BASICS: BUILDING PROFITABLE AFFORDABLE HOUSING USING A MARKET-BASED/PRFOIT OREINTED MODEL Building income for nonprofits is crucial to build a path towards self-sufficiency. This summit session will focus on how FMCRC/The Housing Pros is able to build profitable affordable housing that is driven by the market and profit and not reliant on government funding. This session will also explore how developers in Detroit and Maryland are also build profitable affordable housing for black and brown communities.Information about some unique construction financing resources from EnerBank USA will also be shared and discussed. Download Slide Deck Rate this Session Read More STRONGER TOGETHER KC: A SOLUTION-DRIVEN COMMUNITY-BASED PROGRAM, TO PREPARE SMALL BUSINESS FOR GROWTH & SUCCESS Join us to learn how to bring community organizations together to create a network of support designed to position minority-owned businesses for growth and success. Access to capital, technical assistance, guidance coaches, and other supportive services are made available to minority-owned businesses located in distressed tracks under one umbrella program – Stronger Together KC. During this session, you will receive tips on how to implement this collaborative approach to supporting the minority economic ecosystem in your city. Download Slide Deck Rate this Session Read More SOLUTIONS TO ADDRESS RACIAL BIAS IN THE HOME APPRAISAL PROCESS: INCREASING BLACK & LATINO WEALTH THROUGH IMPROVED HOME APPRAISALS The Racial Wealth Gap is driven by lack of Black & Latino home equity and racial appraisal bias is contributing to the widening of the Racial Wealth Gap. Studies are consistently showing evidence that Black & Latino home owners and neighborhoods are receiving significantly lower home appraisals compared to white home owners that is resulting in the minimizing of Black & Latino wealth and ability to buy up. This session will convene housing and appraisal experts to review the racial bias on appraisals and solutions to combat this appraisal bias that builds up Black & Latino home equity and wealth. Download Slide Deck Rate this Session Read More ACCESS TO CAPITAL AND IMPROVING COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIs) CDFI’s were developed to take risk and become a critical capital intermediary for both small businesses and affordable housing development. But the lack of capital (debt & equity), extensive overhead, high cost of capital and arduous underwriting process has resulted in CDFIs having marginal capital impact for Black & Latino businesses and affordable housing developers. This session brings together CDFI professionals, key banks (regional and national), small business organizations, affordable housing developers and audience members to discuss these obstacles and solutions that will result in significantly increasing the amount of loans to Black & Latino small businesses and affordable housing developers. Download Slide Deck Rate this Session Read More VENTURE CAPITAL EXPLAINED: SUSTAINABLE ECONOMIC IMPACTS FOR THE NEW MAJORITY The funding gap for diverse-founded startups continues to widen despite the proclaimed growth and success from institutions. Join us in a discussion aimed to address the challenges in accessing capital, understanding venture capitalists, and creating business models that support diverse communities. You will leave this session with resources on how to position your nonprofit, fund or business for growth and success. Download Slide Deck Rate this Session

  • Aftercare Session | 2022 National Black & Latino Economic Summit Recap

    SESSIONS Aftercare A great deal of information was shared and lasting connections were made between attendees. We compiled a set of quarterly sessions to follow up on your individual small business and affordable housing endeavors following the summit. Register for your regional session will open shortly. We invite you to join us for Aftercare Sessions in your region to follow up on your individual and organizational endeavors. We also want to ensure you receive the access to capital you deserve. Sessions are virtual and each track will open for discussion topics. Regional bank leaders will be providing a lunch webinar. Topics include Affordable Housing and Small Business. Please use the links below to register for each individual track or webinar. If your selected meeting is not avaiable, please check back. Click Here to Find Your Region | Meeting Agenda & Topics WEST COAST TUESDAY, JANUARY 17, 2023 10:00 AM - 3:00PM Use the link below to Register for your preferred session MORNING AFFORDABLE HOUSING TRACK MORNING SMALL BUSINESS TRACK LUNCH WEBINAR AFTERNOON AFFORDABLE HOUSING TRACK AFTERNOON SMALL BUSINESS TRACK SOUTH TUESDAY, APRIL 4, 2023 10:00 AM - 3:00PM Use the link below to Register for your preferred session MORNING AFFORDABLE HOUSING TRACK MORNING SMALL BUSINESS TRACK LUNCH WEBINAR AFTERNOON AFFORDABLE HOUSING TRACK AFTERNOON SMALL BUSINESS TRACK EAST COAST TUESDAY, FEBRUARY 7, 2023 10:00 AM - 3:00PM Use the link below to Register for your preferred session MORNING AFFORDABLE HOUSING TRACK MORNING SMALL BUSINESS TRACK LUNCH WEBINAR AFTERNOON AFFORDABLE HOUSING TRACK AFTERNOON SMALL BUSINESS TRACK MIDWEST TUESDAY, MAY 9, 2023 10:00 AM - 3:00PM Use the link below to Register for your preferred session MORNING AFFORDABLE HOUSING TRACK MORNING SMALL BUSINESS TRACK LUNCH WEBINAR AFTERNOON AFFORDABLE HOUSING TRACK AFTERNOON SMALL BUSINESS TRACK WHAT REGION AM I IN? West Coast East Coast South Midwest Meeting Agenda & Topics Your regional aftercare session will cover AFFORDABLE HOUSING and SMALL BUSINESS topics follow by a Lunch Panel featuring regional bank leaders, and details on access to capital, commitments, and accomplishments. The proposed schedule is as follows: 10:00 - 11:30 AM Track 1: Affordable Housing Track 2: Small Business 11:45 AM - 1:15 PM Panel with Regional Bank Leaders 1:30 - 3:00 PM Track 1: Affordable Housing Track 2: Small Business Tracks occur simultaneously and will be recorded for future distribution.

  • About Us | NMCRC

    About Us OUR STORY 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. ABOUT NMCRC National Minority Community Reinvestment Co-Operative (NMCRC) is a co-operative of minority-led and focused organizations and thought leaders committed to addressing the socio-economic needs of minority communities through the creation of sustainable economic development opportunities that enhance communities of color. The co-operative relies on Black and Latino networks, relationships, common socio-economic interests, and experiences to improve the overall socio-economic health of all minority communities. NMCRC aims to enable and empower a growing grassroots network of minority-owned small business and non-profit community development professionals to leverage the billions of dollars pledged by banking and financial institutions and advocate for affordable housing, neighborhood development, and community reinvestment.

  • Aftercare Sessions | NMCRC

    Aftercare Sessions for this Region are not yet available. Please come back later. Take me back to the 2022 Summit Recap

  • Annual National Black & Latino Economic Summit

    THE ANNUAL-NATIONAL BLACK & LATINO ECONOMIC SUMMIT Developing Capital & Solutions to Battle the Rising Racial Wealth Gap 2022 Summit Recap Previous Summits For over 15 years, the National Minority Community Reinvestment Co-Operative (NMCRC) along with Black & Latino Community Development leaders, have joined forces with major corporate bank sponsors to host an Annual National Black & Latino Economic Summit. ​ We have a mission to Address the Racial Wealth Gap by developing solutions to build Black and Latino community development intellectual bandwidth through Affordable Housing & Small Business Ownership. Attendees can network with over 200 non-profits, faith-based organizations, small businesses, as well as top bank and corporate executives over various interactive sessions and events. 2022 Summit Recap WHAT ATTENDEES ARE SAYING "The conference exceeded my expectations. Though it was my first time, I'm looking forward to more events to come." JOIN THE MAILING LIST DON'T MISS YOUR OPPORTUNITY TO JOIN US IN 2023! Thanks to our annual sponsors, this summit is 100% free to register and attend, but you must act quickly to reserve your spot. Registration for the next summit will be opening early next year, so make sure you are subscribed to our mailing list to receive updates and announcements. DYNAMIC SPEAKERS 2022 SPEAKERS SOLUTION-BASED SESSIONS 2022 SESSION RECAP LASTING CONNECTIONS 2022-23 AFTERCARE SESSIONS HONORING THE LEGACY OF OUR LATE-FOUNDER Albert Piña Even though Al's swift transition on May 17, 2022, was unexpected, he has left a blueprint for us all to follow as we continue to seek economic justice for Black and Latino Communities. Join us for an opportunity to memorialize the National Black and Latino Summit Founder, Albert Piña. Read More GET READY FOR 2023! From virtual summits to holding in-person conferences, NMCRC is ready to do it again in 2023! Our 2022 Summit was such a huge success — we were able to invite over 200 non-profit organizations and small business at no charge and cover their travel expenses. Next year we are looking forward to an even bigger and better opportunities to close the racial wealth gap! Please make sure you are on our mailing list to get the latest updates and alerts for open registration and participation opportunities . First Name Email Subscribe Thanks for subscribing!

  • Meet the Team | 2022 National Black & Latino Economic Summit

    TEAM Summit Meet our dedicated summit co-chairs for the 2022 National Black & Latino Economic Summit. Using their expertise, experience, knowledge, and passion, they have produced a series of sessions to empower housing professionals, non-profit organizations, and small business owners to expand their endeavors in their perspective fields. 2022 CO-CHAIRS Al Piña Chair/CEO, FMCRC-Assets & Hope Co-Founder, NMCRC Read More Dina Harris Founder & President, National Faith Home Buyers Read More Jules Dunham Howie Co-Chair, Director UPC Westside CDC Read More Marcos Morales Manager, Hogar Hispano Inc. Read More Vanessa McCleary CEO, Gen-Wealth Empowerment Center Read More Adam Briones CEO, California Community Builders Read More Kelvin Perry Former President, Black Chamber of Commerce of Greater Kansas City Read More John Gamboa HONORARY CO-CHAIR Founder, California Community Builders Read More 2022 SUMMIT SUPPORT Gina Arquette DeMarse Create Meetings & Events Read More Robin Singletary Bird's Eye View Branding & Design Read More LaTasha Fisher Between 4th and 5th Social Media Management Read More

  • Contact | National Black & Latino Economic Summit

    Get in Touch What to know more about NMCRC, have questions, comments or concerns? Reach out to us and a representative will respond back to you within 48-72 hours. Email summit@blackandlatino.org Social Media First Name Last Name Email Message Send Thanks for submitting!

  • 2021 Virtual National Black & Latino Economic Summit

    NATIONAL VIRTUAL SUMMIT 2021 "Building Community Development Intellectual Bandwidth" The 2021 National Virtual Black & Latino Economic Summit took place Tuesdays & Thursdays from November 2nd - December 7th 2021 Play Video Play Video 02:27:10 Developing A Black & Latino Focused CDFI Introduction to Community Development Finance and Community Development Financial Institutions Topic: How Did We Get Here? The History of the Movement Narrative: What exactly is Community Development Finance? Let’s explore the roots of modern day community development finance from the Freedman’s Bank that provided financing to the emancipated African Americans after the Civil War to Dr. Martin Luther King’s Poor People’s Campaign, to the creation of the Community Reinvestment Act, and the creation of the CDFi Fund. The purpose of this session is to familiarize the audience with the purpose, goals and impact of Community Development Financial Institutions (CDFIs) and how they exist to create “an America in which all people and communities have access to the investment capital and financial services they need to prosper.” Play Video Play Video 49:10 Office of the Comptroller of Currency Project REACh Office of the Comptroller of Currency Project REACh: Nation’s Largest Federal Bank Regulator Pushing for Increased Racial Economic Inclusion OCC Guest: Andrew Moss, Director of Minority Outreach The office of the Comptroller of the Currency regulates over 70% of all bank assets in the United States, including all national banks. Access to capital is the fuel that will address the racial wealth gap. Moderators engage Project REACh on their efforts to address racial economic inclusion. Project REACh promotes financial inclusion through greater access to credit and capital. REACh stands for Roundtable for Economic Access and Change, and the project brings together leaders from the banking industry, national civil rights organizations, business, and technology to reduce specific barriers that prevent full, equal, and fair participation in the nation’s economy. Questions will be taken from the virtual audience. Moderators: Watchen Bruce (Baltimore Community Lending CDFI) Dr. Ruben Guerra (President, Latin Business Association, California) Dina Harris (President, National Faith Home Buyers, Detroit) Play Video Play Video 25:27 Corporations Convening to Collaborate on How We Strengthen Black and Hispanic Communities Since the murder of George Floyd in 2020, corporations across the country have come together to identify and develop solutions to support the African American and Hispanic communities that continue to face systemic racism. As the nation, as the world, grapples with the impacts of this issue, corporate leaders must work together to ensure the people who live and work in these communities have access to capital and opportunities to buy homes, start businesses, and raise their families. Gary Torgow (Chairman of the Board of Directors, Huntington) Lead Moderators: Dina Harris (President, National Faith Home Buyers, Detroit)-Adam Briones (CEO, California Community Builders, Oakland) Play Video Play Video 41:51 2021 National Virtual Black & Latino Economic Summit KICK OFF & Addressing The Racial Wealth Gap The 2021 National Virtual Black & Latino Economic Summit is officially kicked off with a discussion with Truist Bank on Black & Latino economics and Truist Banks efforts to address the rising racial wealth gap. Play Video Play Video 01:12:24 Closing The Racial Wealth Gap with Housing Loan acquisitions to create and/or preserve affordable housing Hogar Hispano, Inc. and a group of industry professionals will discuss the value of acquiring distressed mortgages and how to develop working partnerships to deliver and preserve quality affordable housing. Moderators: Sennai Cham, Senior Financial Analyst in the Office of Asset Sales,HUD Speakers: Marcos Morales, Hogar Hispano, Inc. - "The Critical Role of a Non-Profit in Capital Arrangements to invest in the future of Housing" Lot Diaz, UnidosUS - " The Importance of Housing Counseling Services in the Loan Space” Keffer Norris -President, NorrisRefc Inc. "The How and Why of HECM Acquisitions and Disposition from a capital Partners perspective" Wade Carroll- Anders Capital Play Video Play Video 01:02:55 Black & Latino Affordable Housing Roundtable Home Ownership For Blacks & Latinos Vanishing Post Covid-19 Pandemic Special Guest & Opening Remarks: FHFA Acting Director Sandra Thompson To Give Session Opening Remarks On FHFA’s Efforts To Address Affordable Housing-Home Ownership For Blacks, Latinos and minorities. Black & Latino affordable housing leaders, developer and home ownership experts and panelists from across the United States discuss the issues and obstacles that are contributing to vanishing affordable housing in Black & Latino communities, including dropping Black & Latino home ownership rates this is contributing to a rising racial wealth gap. In this Black & Latino Affordable Housing virtual townhall, Blacks & Latino housing leaders from across the United States will be invited to attend this virtual roundtable with an audience Q&A at end of this affordable housing session. This session opens up with remarks from Acting FHFA Director Sandra Thompson on how the FHFA is working to address minority home ownership and address the racial wealth gap. The Federal Housing Finance Agency provides supervision, regulation, and housing mission oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. Nonprofits, Black & Latino community advocates, Banking Housing Executives, Banking Regulators and Congressional elected officials are invited to attend this affordable housing roundtable and listen to Blacks & Latinos across the U.S. who are actively engaged in Black & Latino affordable housing speak on issues, opportunities and solutions for increasing affordable housing & Black & Latino home ownership. Collectively, the panelists collectively have been engaged in over $1 billion of affordable housing, counseled tens of thousands of Black & Latino home buyers that will provide a lively discussion on “Addressing the Racial Wealth Gap Through Increased Home Ownership”. Moderator: Marcia Griffin (President, Home Free USA-National) Moderator: Marcos Morales (Director, Hogar Hispano-National) Panelists: Adam Briones (CEO, California Community Builders-California) Pastor Alonzo Bell(Pastor, Marin Evers Baptist Church-Detroit) Wanda Best (Executive Director, Upton Planning Committee (UPC)-Baltimore) Dina Harris (CEO, National Faith Home Buyers-Detroit & Atlanta) Al Pina (Chair, FMCRC-Florida, Detroit, Baltimore) Dr. Ruben Guerra (President, Latin Business Association) Play Video Play Video 01:14:35 CRA Baltimore: Building A Successful Citywide Bank Accountability Strategy Decentralizing and localizing CRA investments is a vitally important strategy to hold banks responsible for their investments from a grassroots perspective. CRA Baltimore is a coalition working to localize CRA Investments and hold banks accountable for their CRA work in Baltimore City. CRA Baltimore is committed to ensuring that Baltimore City and all Black and Latino communities receive a fair share of CRA investments from the top banks in the region. Participants in the workshop will learn from the CRA Baltimore Coalition Leadership how to build a successful local CRA initiative that holds banks accountable for their local investments in the Black and Latino community. Moderators: Jules Dunham Howie (Director, Upton Westside CDC, Baltimore), Wanda Best (Executive Director, Upton Planning Committee (UPC) Panelists: Watchen Bruce, President & CEO, Baltimore Community Lending Kathy Christian, Executive Director, Midway CDC Laurence Campbell, Chair, WBC Community Development Corporation Debra Keller-Greene, Chair, Greater Baltimore Black Chamber of Commerce Dr. Al Gourrier, Professor, University of Baltimore, School of Public and International Affairs Farajii Muhammad, Communications Strategist Play Video Play Video 57:01 New Federal Racial Small Business Lending Law Taking Effect Soon New Federal Racial Small Business Lending Law Taking Effect Soon: Financial Institution Must Report All Business Loans By Race-Gender-Census Tract: Section 1071 Racial Loan Data Will Identify Racial Economic Exclusion Special Guest Speaker: Speaker: Ms. Elena Babinecz, Managing Counsel-Consumer Financial Protection Bureau (CFPB) Office of Regulations Small business ownership and the jobs it creates, has the greatest impact on both the racial wealth gap and economic inclusion. But lack of access to capital has kept Black & Latino small business owners from expanding and growing both jobs and wealth. The lack of racial small business lending data was a major obstacle in creating racial economic inclusion. Section 1071 of the Dodd Frank Bill of 2010 mandated that all financial institutions (including online lenders) must report all small business loans by race-gender-census tract. After furious objections from the financial industry, 10 years later, the Consumer Financial Protection Bureau (CFPB) announced the new rules for Section 1071 and it is now in a public comment period that will impact the final rules for Section 1071 that will be finally enacted in 2022. Join this session to find out what are the proposed rules and how Black & Latino small business owners and organizations can have a “VOICE” by submitting comments to this new federal law that will shape the final law. CFPB managing counsel, Ms. Elean Babinecz, will provide key details on Section 1071 and the proposed rules for financial institutions and how you can access this racial small business loan data in your city. In closing of session, leaders of the National Minority Community Reinvestment Co-Operative unveil Project 50 where they will work with Black & Latino leaders in 50 cities to publish and promote Section 1071 lending data for their cities to let Blacks & Latinos in these 50 cities which financial institutions are practicing “Racial Economic Inclusion” and which ones are practicing “Racial Economic Exclusion”. Moderators: Adam Briones (CEO, California Community Builders, Oakland) Debra Keller-Greene (Chair, Greater Baltimore Black Chamber of Commerce) Dr. Ruben Guerra (LBA, Los Angeles) Kelvin Perry (President, Black Chamber of Commerce of Greater Kansas City) Al Pina (Chair, Florida Minority Community Reinvestment Coalition) Dr. Al Gourrier(Professor, Univ of Baltimore, School of Public & International Affairs) Play Video Play Video 44:05 Building the Journey to Homeownership Join Maria Serravalle, Bank of America and Dina Harris, National Faith Home Buyers as they discuss resources that help real estate professionals prepare and understand their clients’ life priorities and unique situations. In this session you will learn about the Bank of America Community Homeownership Commitment®, a $15 billion commitment through 2025, aimed at helping more than 60,000 individuals and families to purchase a home. It helps low- and moderate-income homebuyers across the country begin to build their personal wealth and family legacy through the power of homeownership. Through this commitment, Bank of America has already provided over $270 million in grants to more than 29,000 homebuyers. You will also learn about affordable housing programs offered by Housing Finance Agencies, local governments and nonprofit organizations. Speaker: Maria Serravalle- VP Homeownership Solutions and Homebuyer Education, Bank of America Moderators: Dina Harris- CEO, National Faith Home Buyers-Detroit & Atlanta Play Video Play Video 01:03:29 Addressing the Racial Wealth Gap with Housing & Small Business The pandemic has brought disproportionate hardship to communities across the nation, but it is also presenting an opportunity – a historic moment to make different, more intentional, more equitable choices in how we approach economic recovery. How can the housing sector rethink forbearance, gentrification, inventory, renter demand, and more to expand safe, affordable homes for all? How can the ecosystem of support for small businesses and commercial real estate be reimagined and strengthened to keep jobs and livelihoods thriving, particularly in communities of color and immigrant neighborhoods? What does greater collaboration across the financial sector, including Community Development Financial Institutions and Minority Depository Institutions, look like now and how can it be more impactful? These important questions and more will be part of a panel discussion focused on how racial equity and innovative financing can strengthen the fabric of communities and the national economy. Speakers: Chuck Bishop- National Diverse Segments Head, Home Lending, Wells Fargo Eileen Fitzgerald- Housing Affordability Philanthropy Leader, Social Impact & Sustainability, Wells Fargo Megan Teare- Managing Director, Community Lending and Investments, Wells Fargo Derek Ellington- Head of Small Business Banking, Consumer and Small Business Banking, Wells Fargo Moderators: Monica Mitchell- Senior Community Relations Consultant, Social Impact & Sustainability, Wells Fargo Marcia Griffin- President, Home Free USA- National Marcos Morales- Executive Director, Hogar Hispano, Inc. Dr. Ruben Guerra- President, Latin Business Association Jules Dunham Howie- Director, UPC Westside CDC, Baltimore Play Video Play Video 01:04:14 Closing The Racial Wealth Gap CEO Listening Session Flagstar Bank and New York Community Bank are merging their banks to become a major combined bank with over $87 billion in assets. The CEO’s of Flagstar Bank and New York Community Bank join the moderators in a discussion on the racial wealth gap and how these merged banks are working to create increased racial economic inclusion. Join this roundtable discussion with questions being taken from the virtual audience. The Flagstar Bank/New York Community Bank merger (to keep Flagstar Bank) will have 394 traditional bank branches in nine states — and 87 mortgage lending offices in 28 states. It would have a total $87 billion in assets. New York Community Bancorp/Flagstar Bank Merger Service Areas: New York, New Jersey, Ohio, Florida, Arizona, Michigan, California, Wisconsin, Indiana Moderators: Dina Harris (President, National Faith Home Buyers, Detroit)- Racquel Reddie (National Community Stabilization Trust)- Marcos Morales (Executive Director, Hogar Hispano, Inc)

  • Media | 2022 National Black & Latino Economic Summit

    SESSIONS, NETWORKING & CONNECTION Media We are happy to share the photos and video we took over our 3-day summit. Our attendees also shared pictures and videos through the official conference app — Whova, and some fun Gala Photobooth poses. Like, Download & Share with your network! MEDIA GALLERIES Tribute Video Summit Photos Gala Photobooth Whova Photos MEDIA GALLERIES Tribute Video Summit Photos Gala Photobooth Attendee Photos

  • 2020 Virtual National Black & Latino Economic Summit

    NATIONAL VIRTUAL SUMMIT 2020 "Economically Reengineering Black & Latino Communities" The 2020 National Virtual Black & Latino Economic Summit took place from December 9-10. 2020 Play Video Play Video 50:41 Regions Bank Building a Dialogue for Improved Capital Opportunities Play Video Play Video 47:11 Narrowing the Homeownership Gap 015 Play Video Play Video 01:23:16 PNC Commits More Than $1 Billion To Help End Systemic Racism Play Video Play Video 51:12 Virtual Luncheon Brian Lamb Play Video Play Video 01:01:31 Wells Fargo Bank Accelerating Community Impact During COVID 19 Play Video Play Video 01:30:31 The Facts about Black Brown Communities and Why Current Funding Models Cannot End Systemic Racism Play Video Play Video 01:16:22 Modernization of the Community Reinvestment Act of 1975 013 Play Video Play Video 01:06:10 Virtual Luncheon Blueprints to Buildings Play Video Play Video 19:20 Summit Welcome Doing More Regions Bank’s Commitment to Equity and Empowerment Welcome video to the 2020 Virtual Summit. Play Video Play Video 01:19:32 Worthy of Investment The Importance of Black and Latino Coalition Building Play Video Play Video 01:14:14 Support Advocacy for Latino Communities in the Wake of COVID 19 Beyond Play Video Play Video 57:40 Truist Bank Commitment To The Community

  • Attendee Photos | 2022 National Black & Latino Economic Summit

    SESSIONS, NETWORKING & CONNECTION Media We are happy to share the photos and video we took over our 3-day summit. Our attendees also shared pictures and videos through the official conference app — Whova, and some fun Gala Photobooth poses. Like, Do wnload & Share with your network! MEDIA GALLERIES Tribute Video Summit Photos Gala Photobooth Attendee Photos

  • Past Summits » | NMCRC

    Past Summits 2020 Virtual Summit Recap Recap Videos 2021 Virtual Summit Recap Recap Videos & Speakers 2022 Summit Recap Recap Videos & Speakers