join a WORKING GROUP
PCRG has become a nationally recognized leader on issues of equitable justice and access to credit by annually evaluating lending intuitions that engage in the Allegheny County market and identifying trends that emerge in our members' communities. Those trends are then evaluated with reports produced that help educate the community development system and government partners. National partners include National Community Reinvestment Coalition (NCRC), the Federal Reserve Bank, the National Association of Community and Economic Development Associations, and NeighborWorks America.
+ Bankers Councils
PCRG strives to ensure equitable investment and access to credit in all Pittsburgh neighborhoods. The bankers' councils aim is to increase communication between our members, community stakeholders, and the banks that invest in the Pittsburgh region. At the Mid-tier Bankers Collaborative Council (MBCC) and the Community Bankers Collaborative Council (CBCC), community and bank leadership meet to identify common barriers, collaborative opportunities, and partnerships to advance the respective partners' missions.
Community Bankers Collaborative Council (CBCC) Created in 2010, the CBCC convenes community leaders and community banks (banks under ~$1.4B in assets) to discuss issues specific to the community banking and community development industries.
The CBCC was the driving force behind Community Acquisition and Rehabilitation Loan (CARL). CARL is a purchase-rehab mortgage product that combines mortgage financing and rehabilitation financing into one loan product. It is delivered through the local banking infrastructure and specifically tailored to the local market's needs and opportunities by addressing the aging and vacant housing stock.
Mid-tier Bankers Collaborative Council (MBCC)The MBCC was launched in 2014 and brings together representatives from the region's large banks with our members and community leaders. While the structure mirrors the CBCC, the MBCC formed to foster unique collaboration between community groups and financial institutions with large assets.
The MBCC discusses policy and regulatory issues that specifically affect the large bank cohort and works to enhance opportunities for lending in low- to moderate-income and minority communities. In addition, our membership provides the on-the-ground perspective to help direct attention to the needs of our communities.
If you want to join one of the quarterly CBCC or MBCC meetings, please contact program coordinator Claire at claire.kealey@pcrg.org.