The California Reinvestment Coalition is a 501(c)(3) nonprofit organization that operates for a categorically vital purpose: to build an inclusive and fair economy that meets the needs of communities of color and low-income communities in California by ensuring that banks and corporations invest and conduct business in our communities in a just and equitable manner.

Our work centers on dismantling the disparities in our financial systems, particularly those that have historically extracted wealth from communities of color. We produce paradigm-shifting research and organize to build political will for bold policy change and to hold corporations accountable.

Our Victories

Community Benefits Agreements

Over the last six years, CRC has negotiated more than $120 billion in community benefits agreements (CBA). These agreements with banks were negotiated with communities and community members at the table and resulted in commitments of between 10-20% of California deposits to be reinvested in local communities.

CRA Protections

In 2020, CRC sued the Trump Administration for its harmful rule that would have eviscerated anti-redlining obligations imposed on banks to serve low and moderate-income communities. In September of 2021, the Office of the Comptroller of the Currency proposed to fully rescind the rule and work on new rules jointly with the Federal Reserve Board and the Federal Deposit Insurance Corporation.

Homeowners’ Bill of Rights

We organized to pass the first-in-the-nation Homeowners’ Bill of Rights (HBOR), which gives homeowners a meaningful chance to avoid foreclosure as well as the right to a fair process to determine whether their loans can be modified. Under this law, homeowners are also given a right to sue banks that fail to provide this due process.

DFPI Expansion

We helped strengthen the consumer protection infrastructure in California by expanding the authority of the Department of Business Oversight (DBO), now the Department of Financial Protection and Innovation (DFPI).


The California Public Banking Option Act, AB 1177 (Santiago), was signed into law in 2021. The law establishes CalAccount, which guarantees all Californians a no-fee, no-penalty debit account, with no overdraft fees, no minimum balance requirement, automatic bill pay capacity and free ATM access at participating banks. In May, Gov. Newsom included a $4 million allocation to complete the first step in the creation of the program in the budget proposal for fiscal year 2022-23.

SB 1079

We helped establish the first-ever right to purchase for tenants, community land trusts, nonprofit affordable housing providers and families at foreclosure auctions with SB 1079.

Homeowner Survivor Bill of Rights

We mobilized to protect widows, widowers and other heirs of deceased borrowers from unfair foreclosures with the Homeowner Survivor Bill of Rights, SB1150.


Our grassroots advocacy EBT-for-Free campaign, resulted in an agreement with the state and with Bank of America, JPMorgan Chase and other banks to offer free EBT access both locally and nationwide..

Our Programs

Economic Equity Promotoras

This program provides financial education and direct outreach in communities that have histrocially faced multiple barriers to achieving financial security.

Racial Justice Training

This is our members training, education, language, and resources, and a vehicle to develop a racial justice lens around economic justice issues specifically related to money and wealth in America.

Resilience Fund

Our 2-year, $4 million initiative developed by CRC and the San Francisco Foundation that provides grants and capacity-building to launch a new generation of community development financial institutions (CDFIs) led by people of color.

Get in Touch

Are you an elected officials who is interested in CRC's campaigns, initiatives or corporate trainings? We'd like to hear from you.