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Advocacy, Coalitions, Community Benefits

The Community Reinvestment Act was a landmark civil rights law passed in 1977 to end discrimination that was once common in America’s banking and housing markets. NCRC leads campaigns, community coalitions, advocacy with federal policy makers and negotiations with lenders to fulfill their obligations under the law.

NCRC’s #TreasureCRA campaign seeks to strengthen and modernize it.

Since 2016, banks have pledged more than $338 billion in lending, investments and philanthropy through community benefits agreements negotiated with NCRC. We also serve as watchdogs, analyzing essential data to identify misbehaving financial institutions in our member communities.

What is the CRA?
The CRA is a law that requires banks to serve the credit needs of communities where they take deposits, including low- and moderate-income communities. The law was passed in 1977 to reverse redlining patterns, and promotes neighborhood revitalization. CRA makes wealth building more accessible by creating access to responsible home ownership opportunities, basic banking services, and capital for small businesses. The CRA also calls on banks to support affordable housing, small business development, social services and neighborhood stabilization in low- and moderate-income communities. Since its inception, advocates such as NCRC, have used the CRA to secure trillions of reinvestment dollars for underserved communities.

Click here for a manual on the CRA and here to learn more about the CRA’s widespread benefits.

Community Reinvestment Summits
NCRC hosts community reinvestment summits where stakeholders get together to discuss the most important issues facing their community and how to productively address them through working in coalitions. We have recently convened summits in OregonOhio, Delaware, Maryland, and Louisiana.

How can you use the CRA?
NCRC offers crucial support to our members on how to use the CRA. NCRC provides research on bank behavior in your community, strategic consulting on how to approach banks, and other assistance to our members that increases their power to create positive outcomes for the neighborhoods they serve. We have brought hundreds of community groups into community benefits agreements with financial institutions.

Please contact NCRC for more information and to learn about the benefits of NCRC membership.

Policy Work
NCRC also works with legislators and regulators to strengthen the CRA, so that underserved communities have greater access to credit and capital.

Recent news on CRA:

CRA Comments Review, Part 3: What Are Banks And Trade Groups Worried About – Or Embracing?

Part Three in a four-part series examining Community Reinvestment Act reform recommendations in public comment letters. ...

CRA Comments Review, Part 2: What Do Healthcare And Climate Resiliency Advocates Want From Regulators?

Part Two in a four-part series examining Community Reinvestment Act reform recommendations in public comment letters. ...

NCRC Endorses Rep. Maxine Waters Legislation To Overhaul Community Reinvestment Act

The bill has several particular strengths that would broaden CRA’s reach, increase its rigor and improve its ability to address racial inequities. ...

Your Membership, Your Benefits: A Closer Look at NCRC Membership

Are you making the most of your NCRC Membership?Have you heard about NCRC’s new “Member Hub”?Join us to learn what resources, services, content, and networking opportunities your membership includes and … Your Membership, Your Benefits: A Closer Look at NCRC Membership Read More » ...

Video: A conversation with key financial regulators on proposed Community Reinvestment Act (CRA) reform

Recorded August 2, 2022 Listen to our conversation with key financial regulators on proposed Community Reinvestment Act (CRA) reform. We dig into the potential areas for reform, and how these impact … Video: A conversation with key financial regulators on proposed Community Reinvestment Act (CRA) reform Read More » ...

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