By: Donna Kimura, Affordable Housing Finance
Federal bank regulators have issued a joint proposal to update the Community Reinvestment Act (CRA), a key driver of investments in affordable housing.
Enacted in 1977, the CRA calls on banks to help meet the credit needs of the communities where they do business, with a focus on low- and moderate-income communities. Its last major revision was in 1995.
1025 Connecticut Avenue, NW
Suite 710
Washington, DC 20036
(202) 293-9850
1025 Connecticut Avenue, NW
Suite 710
Washington, DC 20036
(202) 293-9850
The Center for Community Lending (CCL) is a 501(c)(3) nonprofit that conducts and sponsors research about community lending. To support CCL’s mission, visit
centercommunitylending.org.
© 2021 National Association of Affordable Housing Lenders | Designed and Developed by Ibel Agency | All Rights Reserved
1025 Connecticut Avenue, NW
Suite 710
Washington, DC 20036
(202) 293-9850
1025 Connecticut Avenue, NW
Suite 710
Washington, DC 20036
(202) 293-9850
The Center for Community Lending (CCL) is a 501(c)(3) nonprofit that conducts and sponsors research about community lending. To support CCL’s mission, visit
centercommunitylending.org.
© 2021 National Association of Affordable Housing Lenders | Designed and Developed by Ibel Agency | All Rights Reserved