Providing a collaborative forum for Massachusetts financial institutions and community organizations to meet and share information with the goal of affecting positive change in the availability of credit and financial services in low and moderate income communities and communities of color across the Commonwealth.
MCBC helps financial institutions to stay current on all of the information needed to meet CRA requirements and reach customers. Membership donations to MCBC are a qualified investment under the State’s CRA statute.
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Mortgage Lending Committee works to expand homeownership opportunities for low-and moderate-income homebuyers and to sustain home ownership in low-and moderate-income neighborhoods.
Read MoreEconomic Development Committee promotes the economic revitalization of low-and moderate-income communities in Massachusetts by providing insight, ideas and information designed to encourage small business lending and growth.
Read MoreMay 19th Roundtable – ‘How does COVID-19 impact all of us?’ MCBC’s Mortgage Lending Roundtable series quickly pivoted from discussing down payment assistance programs to the impact of the COVID-19 pandemic. Most recently, MCBC’s May 19th Roundtable asked ‘How does COVID-19 impact all of us?’ perspectives from across the mortgage lending industry. The conversation focused on first-time […]
Read MoreMassHousing shares with MCBC’s Board of Directors how Changing Patterns XXV, authored by Jim Campen, informed policy goals MCBC’s 2018 mortgage lending report, Changing Patterns XXV, authored by Jim Campen, drew awareness to the racial homeownership gap. The racial homeownership gap is particularly pronounced in Massachusetts. The U.S. homeownership rate is 63.9%; but only 46% of […]
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In my role as a Director and Chair of MCBC, I have come to appreciate the significant value the organization brings to the citizens of Massachusetts. I am proud of the work we do to improve access to credit and build partnerships towards this effort.