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Article

Opportunity in Next Wave of Mergers

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 […]

Article

Where Do We Go From Here?

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 […]

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Shelterforce Interviews Two CRA Veterans

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, […]

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CRA Weakened

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 […]

A broadly smiling woman with dark skin and braids, wearing a black shirt with a green-leaf logo on it, stands in front of a medium-blue wall. A business name, The Olive Street Agency, with the green-leaf logo, is printed (or affixed) to the wall in white capital letters.

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CDFIs Shouldn’t Act Like Banks, But Too Often Do

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?

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Washington News and Views

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 […]

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Into Every Life a Little Sunshine Must Fall

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 […]