Forecast: Banking rule changes could reduce lending in poor neighborhoods by $105 billion

WASHINGTON, D.C. – A new forecast projects that changes to the Community Reinvestment Act could reduce lending in lower-income communities up to $105 billion dollars in the next five years. The forecast by researchers at the National Community Reinvestment Coalition comes as the Trump administration considers ideas pushed by banks to change enforcement of the […]

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OCC to review Community Reinvestment Act; Changes could impact billions in loans and investments annually

WASHINGTON, D.C. – Today, The Office of the Comptroller of the Currency (OCC) released an Advanced Notice of Proposed Rulemaking to change how banks are tested for compliance with the Community Reinvestment Act (CRA). The 1977 law requires banks serve the needs of all communities in which they are chartered to do business. The OCC […]

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NCRC celebrates the 50th anniversary of the Fair Housing Act

Today, we celebrate the 50th anniversary of the passing of the Fair Housing Act, considered the largest civil rights victory in history, and passed seven days after the assassination of Rev. Dr. Martin Luther King in memoriam of his life’s work. In commemoration, leaders from the National Community Reinvestment Coalition made the following statements. 

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