Irvin Henderson
Trustee National Trust for Historic Preservation Henderson, NC
Uncategorized
Maryellen J. Lewis
ChairMichigan Community Reinvestment Coalition Lansing, MI
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Bethany Sanchez, NCRC Immediate Past Chair
Director, Fair Lending
Metropolitan Milwaukee Fair Housing Council
Milwaukee, WI
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Community Reinvestment Act (CRA)
Since it was passed in 1977, the Community Reinvestment Act (CRA) has helped infuse trillions of dollars in community reinvestment dollars into minority and lower income neighborhoods. But, despite the benefits of CRA, recent changes will decrease its effectiveness and result in fewer loans and investments in low-income and minority communities. Instead, CRA needs to
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Community Reinvestment Act Organizing
The Community Reinvestment Act (CRA) is a law that requires banks to serve the credit needs of communities where they are chartered, including low- and moderate-income communities. The law promotes neighborhood revitalization and equity building by creating access to responsible homeownership opportunities, basic banking services and capital for small businesses. The CRA also calls on
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A Brief Description of CRA
Passed by Congress in 1977, the Community Reinvestment Act (CRA) states that “regulated financial institutions have continuing and affirmative obligations to help meet the credit needs of the local communities in which they are chartered.” The act then establishes a regulatory regime for monitoring the level of lending, investments, and services in low- and moderate-income
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The CRA Small Business Data
In the early years of CRA, community activists, lenders, and regulators focused on home lending activity. This was partly because HMDA data was available and because neighborhood organizing usually started with the issues of housing, crime prevention, and other community empowerment endeavors. As CRA enforcement and activism evolved over the years, the importance of small
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NCRC Comments on CRA Exam
NCRC Organizes Community Groups to Protest Venture Bank’s Payday Lending NCRC Comments on Staten Island NCRC Comments on NetBank’s CRA Strategic Plan NCRC Organizes Community Groups to Protest Venture Bank’s Payday Lending The National Community Reinvestment Coalition (NCRC), the Consumer Federation of American (CFA), the Community Reinvestment Association of North Carolina (CRA*NC) and 65 other
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