Pittsburgh Community Reinvestment Group (PCRG) is a coalition of leaders working for economic justice and equitable resources to revitalize the Pittsburgh region.
Since its inception in 1988, Pittsburgh Community Reinvestment Group (PCRG) has acted as a common table for partners across all sectors to collaborate for reinvestment in underserved communities.
Pittsburgh Community Reinvestment Group’s (PCRG) 21st Annual Mortgage Lending Study shows that lending practices, starting well before the Great Recession, disproportionately exposed low-income communities and minority individuals to the disasters of the housing crash and continue to be a barrier to responsible homeownership.
The PCRG Summit is an annual conference that brings together the best of regional community development for sessions, keynote speakers, and networking. Registration for the Summit is now open on EventBrite.
The Department of Housing and Urban Development’s quarterly newsletter Evidence Matters recently released an entire issue dedicated to regulatory barriers to affordable _
"The PCRG’s model of forming strong relationships between neighborhood groups, financial institutions, and local political leaders, has been very successful and is proof of what can be accomplished if all parties work together.”
"…PCRG has helped facilitate the development of mutually beneficial business relationships among its partners by providing a forum for bringing community developers and lenders together to creatively fund projects that may otherwise not have been considered financially viable.”
“Fair lending is a significant issue for our Bank and is central to our position as a mutual institution. The information in the PCRG Mortgage Lending Study illustrates that lending to all communities in Pittsburgh is a priority for us. It is very useful in demonstrating the Bank’s performance to financial regulators and in understanding how our efforts compare with other lenders.”