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 MoreIn case you missed the Economic Development Committee Meeting on 9/13/18, details of the meeting are included below. Jeremy Thompson, Senior Policy Analyst at Mass Budget & Policy Center walked us through who will be affected by a minimum wage increase to $15 by 2023. His presentation can be accessed here. Commonwealth’s Melissa Gopnik shared a data-driven […]
Read MoreIn case you missed the September 11th Mortgage Lending Committee Meeting, some materials from the meeting are included here. 1) CityLab contributor and data visualization journalist, David Montgomery, joined us. His analysis, which used data from the IPUMS-USA database at the University of Minnesota, illustrates how the racial gap in homeownership rates has persisted over […]
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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.