Delaware Community Reinvestment Action Council, Inc.

DCRAC is a nonprofit in the business of transforming financial lives for the Delaware community through advocacy, banking, law, and financial education

DCRAC's mission is to ensure equitable treatment and equal access to credit and capital so Delawareans can buy homes, stay in their homes, resolve their debts, and plan their financial future. We work to reduce the racial wealth divide that leaves an average American family of color with only 16 cents for every dollar owned by the average White family.

Chartered in 1987 to ensure that Delaware's financial institutions understood and responded to the convenience and credit needs of low-income and minority borrowers of mortgages and consumers of banking, DCRAC has been transforming financial lives of our neighbors. Our target community is statewide and largely of modest means.  

DCRAC has a 30+ year rich history of influencing key stakeholders: the state, the banks, and like-minded non-profits. Most recent achievements include:

• Became home to The Money School, which has offered highly regarded free financial education provided by volunteer faculty statewide for the past 17 years, on April 1, 2019,
• In March 2019, renewed Standards for Excellence certificate, first obtained in 2007,
• In 2018, selected to the Wilmington cohort of Prosperity Now's Building High Capacity Nonprofits of Color,
• In 2018, all three lawyers on staff recognized as Top Lawyers by “Delaware Today” and all have committed to meeting the 1% pro bono challenge set by the Delaware State Bar Association,
• Chartered a community credit union during difficult financial times (2011).