REMINDER: CRA Reform Comment Letters Are Due August 5

The deadline to submit comments on the Notice of Proposed Rulemaking (NPR) on the Community Reinvestment Act (CRA) is fast approaching – Friday, August 5, at 11:59 pm ET.

The best chance we have to influence the final rule is if community groups put up a good showing and send in comment letters!

NCRC drafted three sample comment letters, including one for health care practitioners, that can be found on our #TreasureCRA page. On the page, under the “TAKE ACTION” tab, you will find the comment letters, which you can copy and edit as you see fit. You can find instructions on how to submit comments on the page as well. We suggest you submit to all three agencies.

The #TreasureCRA page also has a summary of the proposed rule and data tools to calculate the number of CRA dollars in local communities over the last decade. If you are an NCRC member, you can also access our fair lending tool to identify racial disparities that CRA reform must address in your community.

Though the NPR is strong on many fronts, there are several important aspects we want the agencies to reconsider: They must do more about CRA and race, and they must stop the proposed changes to about 20% of the bank CRA exams that would make those exams easier and reduce the level of community development financing in smaller cities and rural areas.

Important aspects we want to support: Preserve the proposed improvements to data collection and assessment areas so online or hybrid banks have most of their loans covered by CRA exams.

NCRC experts are ready and eager to help you craft your comment letters. You can contact us directly by using the form on our #TreasureCRA page.

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1 thought on “REMINDER: CRA Reform Comment Letters Are Due August 5”

  1. CRA is just about non-existent, as successful, productive and beneficially inclusive as the CFPB ( Consumer Financial Protection Bureau ) almost seems to TAG- TEAM against Low to Moderate with other intentional barriers against Veteran(s) and backs up their havoc with other private sector and governmental entities at all levels of governmental entities:
    The evidence is crystal clear, that ABANDOMENT of Community ReInvestment Act invisible and unattainable to life long Black African Americans: covers apparently with UTILITY and Personal Property Real Estate officials, that: yank struggling residents from their / our WALLS, FLOORS and ordinarily comforts of HOME. “STRUCTURAL VIOLENCE”, “REDLINING” “ECONOMIC VIOLENCE” “SYSTEMIC VIOLENCE” and their actions are considered completely NORMAL; while they implement the 21st Century version of the old fashioned “NEGRO REMOVAL PLAN”.
    And it’s done so STERILE and FIRM, as iF, the category of CRA is for every oNe except, poor Black African Americans and VETERANS of all races.
    Even when questioned or complaints, the ENTITIES that violate the INTENTIONAL Understandings of CRA and CFPB, they are honored in SILENCE, which is INTERPRETED, that the REGULATORS approve of just ERASING entire Black African American areas, withour hesistation, or REMORSE. It’s like a INSIDERS COMPLIMENT to their careers, as the 2020, 2010, 2000, 1990, 1980, 1970, to 1960 U.S. CENSUS reflects in our areas of ZIP CODES 66101 and 6104.
    Thank this entity for allowing these brief comments.
    My late father’s entire ESTATE, bank account, truck, Insurance policy with AIG, pension from the Parsons (Kansas Ammunition Plant) real estate in ROUND ROCK, Williamson County, Texas, Los Angeles, California, Parsons, Kansas were allowed to be CANNIBALIZED… even his BANK in Parsons refused to share information about his account, with his rightful sole heir and it appears to just be “ok”— Deposited Social Security Checks, MAIL, were all allowed to be just EVAPORATED, without regard to his sole heir….. NO Apologies, nor regard to secondary impacts: to the invisble cruel and unusual punishments of STRUCTURAL VIOLENCE .
    In summary, if this happened to our family / me: only GOD knows how many other BLACK AFRICAN AMERICAN VETERANS were and still are being done like “STRUCTURAL VIOLENCE” is perfectly ACCEPTABLE, wrapped around pretend regulations and statues relevant to both C.R.A. and CFPB…. Thank you for allowing me to share some of the TRAUMA and HARDSHIPS, of just another Black Navy Veteran

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Redlining and Neighborhood Health

Before the pandemic devastated minority communities, banks and government officials starved them of capital.

Lower-income and minority neighborhoods that were intentionally cut off from lending and investment decades ago today suffer not only from reduced wealth and greater poverty, but from lower life expectancy and higher prevalence of chronic diseases that are risk factors for poor outcomes from COVID-19, a new study shows.

The new study, from the National Community Reinvestment Coalition (NCRC) with researchers from the University of Wisconsin–Milwaukee Joseph J. Zilber School of Public Health and the University of Richmond’s Digital Scholarship Lab, compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.

Table of Content

  • Executive Summary
  • Introduction
  • Redlining, the HOLC Maps and Segregation
  • Segregation, Public Health and COVID-19
  • Methods
  • Results
  • Discussion
  • Conclusion and Policy Recommendations
  • Citations
  • Appendix

Complete the form to download the full report: