Community Reinvestment Act (CRA)
Congress enacted CRA in 1977 to encourage insured depository institutions to help meet the credit needs of their communities. Over the past 40 years, banks and not-for-profit lenders have worked hard to increase the flow of private capital to underserved areas. The law has helped to revitalize our nation’s low- and moderate-income (LMI) communities by increasing access to credit, on fair terms, and in a safe and sound manner.
- Improving Implementation of the Community Reinvestment Act [October 2017]
- Unsubsidized Affordable Rental Housing Under CRA [October 2017]