NDC was proud to once again lead Colorado’s delegation on the annual Hill Day, meeting with legislative staff from Senator Hickenlooper’s, Senator Bennet’s, and Representative Pettersen’s offices. Colorado’s delegation was the largest ever for the state, and among the largest at the conference with 18 people. Participating organizations included African-American Trade Association, the Chaffee Housing Trust, Elevation Community Land Trust, and the Dearfield Fund for Black Wealth.
Colorado’s delegates spoke to legislative staff about the negative consequences of the potential mergers between Capital One and Discover, KeyBank and First Niagara Bank, and advocated for additional revisions to the Community Reinvestment Act. These revisions would reduce the CRA’s racial blind spots, extend regulations to more banks, evaluate equitable lending practices more rigorously, and increase the power of community benefits agreements.
At the conference, Jesse van Tol, NCRC CEO and President, announced that NCRC and KeyBank would be renewing their relationship to create a national Community Benefits Agreement (CBA) to provide more equitable lending services, branch locations, and grants to low income borrowers.