Forbes, February 25, 2022, Why the Community Reinvestment Act needs a racial equity lens
There are strong legal grounds for including race and ethnicity in CRA evaluations. According to the National Community Reinvestment Coalition, “the CRA statute itself and the constitutional parameters set out by court cases around race-conscious policies demonstrate that the prudential regulators have substantial latitude to incorporate race and ethnicity in CRA evaluations and within the agency’s framework design.”
