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 Mortgage Lending Committee Meeting on 7/9/19, details of the meeting are included below. MCBC provided an overview of the MCBC Mortgage Lending Report 2019 Timeline and Resources. We discussed the Changing Patterns reports as well as other examples of HMDA reports published by the Consumer Financial Protection Bureau, Urban Institute, […]
Read MoreIn case you missed the Mortgage Lending Committee Meeting on 5/21/19, details of the meeting are included below. 1) Kathryn Madden, Faculty member with the International Development, Community and Environment Department at Clark University, works closely with community development corporations in Worcester in collaboration with CEDAC and Mass. Housing Partnership. She provided an overview 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.