Community Reinvestment Act

Do CRA Exams Measure Retail Lending Well?

As we get closer to proposed changes to the Community Reinvestment Act (CRA), a sober assessment of the effectiveness of various parts of CRA exams will help us react to the proposed changes.

From “Just a Job” to Executive Director

The CRASF membership works with financial institutions, state and local organizations as well as government to provide Community Reinvestment Act training and assistance, community advocacy, affordable housing, small business training and loan acquisition assistance.

NCRC’s Community Benefits Agreement Is Helping LHOME Bring Fair Lending to Louisville

Becoming a Community Development Financial Institution (CDFI) has allowed the Louisville Housing Opportunities and Micro-Enterprise Community Development Loan Fund, Inc. (LHOME), a NCRC member organization, to provide affordable housing and facilitate small business startups in low- to moderate-income (LMI) areas of the city. 

New HMDA data shows need to strengthen CRA, close loopholes, apply to more institutions

Just hours before the start of the Labor Day long weekend, the Consumer Financial Protection Bureau (CFPB) released 2018 Home Mortgage Disclosure Act (HMDA) data. It is the most complete record of mortgage lending in the United States. The data showed non-banks extended their dominance of home lending and that banks essentially dropped out of the government-backed FHA program that helps low- and moderate-income (LMI) borrowers.

Community groups call on Trump administration to make homeownership more accessible and affordable for LMI and minority families, not less

A coalition of housing, consumer protection and community development organizations yesterday called on the Trump administration to not undermine policies that help low- and moderate-income (LMI) people buy homes, and avoid changes that would make home-buying harder for millions.