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The financial industry has been one of the main perpetrators of racial discrimination. It should be obligated to serve all communities, particularly communities of color.

In 1977, Congress passed the Community Reinvestment Act (CRA) and required the federal banking agencies to assess a bank’s record of helping to meet the credit needs of the local […]

The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation just released a set of proposed rules for the Community Reinvestment Act that threaten the very heart of the law.

Final passage of the Gramm-Leach-Bliley bill means neighborhoods are likely to face two new investment battles, one local and one national. Locally, we’ll face a window of opportunity for new […]

In an attempt to make compliance easier for banks, regulators are proposing to incentivize the very thing the Community Reinvestment Act was written to fight.

Traditionally underserved communities lost on bank modernization. Policymakers missed a great opportunity to expand CRA to the new players in the financial sector. Moreover, CRA was weakened with less frequent […]

NCRC examined every single Community Reinvestment Act evaluation for mid-size banks conducted during 2016.

CRA – Taking It To the Next Step The success of the Community Reinvestment Act (CRA) has been significant. Thanks to the CRA, community groups have negotiated agreements with banks, […]

The Community Reinvestment Act, a major tool for twenty years in bringing capital and fairer banking into low income neighborhoods, has been weakened by this year’s financial deregulation bill. This […]

An important part of the National Low Income Housing Coalition’s mission to ensure decent, affordable housing within healthy neighborhoods for everyone is the work state housing coalitions have done with […]

When receiving bank funding, CDFIs often limit their investments in accordance with bank restrictions. How can reforms to the Community Reinvestment Act help center the needs of underserved communities?

Community Reinvestment Act Reform Update In July, 1993, President Clinton requested that the four banking agencies begin a comprehensive review and overhaul of the regulation for the Community Reinvestment Act […]