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.

Forums/Seminars

What’s Next for CRA? [May 2020]

Insights into the Proposed Changes to the Community Reinvestment Act [March 2020]

A Look at Current CRA Lending as Modernization Begins [January 2019]

Testimony

Subcommittee on Consumer Protection and Financial Institutions Hearing: “The Community Reinvestment Act: Assessing the Law’s Impact on Discrimination and Redlining” [April 2019]

House Financial Services Committee, Subcommittee on Consumer Protection and Financial Institutions Hearing: Statement of Benson F. Roberts: Community Reinvestment Act [April 2019]

Reports

The Community Reinvestment Act: Lending Data Highlights [November 2018]

In Defense of CRA [2008]

Q&As

NAAHL Comment Letter on CRA NPR [April 2020]

NAAHL Comment Letter on CRA [November 2018]

Banking Agencies Finalize New and Revised CRA Q&As [August 2016]

Proposals

Tax Credits

Clarifying CRA Policy Would Stimulate Financing [February 2016]