A keynote speech by NCRC Senior Advisor Josh Silver at the annual conference of Building Alabama Reinvestment.
Combating Racism and Inequality in America with Democratic Ideals and Advocacy Read More »
NCRC Applauds Rigorous Work To Overhaul Community Reinvestment Act In Consultation With Stakeholders
America’s most powerful tool for fixing economic inequality is also key to fixing inequities in public health — because wealth and health are closely linked.
The Community Reinvestment Act and Its Connections to Health Outcomes Read More »
An informal survey of exams conducted in the last year identifies some areas with a glaring need for reform – and offers hints at what effective change might look like.
Recent CRA Exams Offer Hints For How To Improve Bank Accountability To Communities Read More »
Online Event Archive Recorded March 24, 2022 Banks are critical community partners and can be a catalyst for change in your neighborhood, particularly when public resources shrink. Learn about the Community Reinvestment Act (CRA) and explore how CRA can be used to increase reinvestment in your communities. This is crucial information for anyone working towards
Video: CRA Basics Read More »
With a new proposal imminent from bank regulators, community, civil rights and consumer advocacy groups stress the urgency of updates to Community Reinvestment Act
(Download) The 123 undersigned organizations are pleased that the federal bank agencies will be proposing an interagency rule implementing the Community Reinvestment Act (CRA) in the near future. CRA has been instrumental in leveraging bank financing for retail lending and community development in low- and moderate-income (LMI) communities since its passage in 1977. A critical
Position Paper on CRA Reform Read More »
Today, in response to the OCC’s rescission of the rule, the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC) agreed to dismiss their lawsuit challenging the rule.
Community Reinvestment Groups Commend Repeal of Disastrous Trump-era CRA Rule Changes Read More »
Getting the disastrous 2020 CRA rule fully rescinded was a hard-fought battle that involved comments from hundreds of our members across the nation and this is a huge victory for them and their communities. We’re relieved and welcome this action today from the OCC.Â
NCRC Welcomes OCC Final Rule to Rescind its Disastrous 2020 CRA Rule Read More »
This paper examines shifts in the market share of banks and nonbank financial institutions in important product markets. Banks are covered by the Community Reinvestment Act (CRA) which requires them to serve all communities, including low- and moderate-income (LMI) ones. Nonbanks, in contrast, do not have this obligation.
Making CRA Relevant for a Changing Financial Services Industry Read More »
The OCC proposed to fully rescind the 2020 CRA rule and also restated the agency’s intent to draft new rules jointly with the Federal Reserve Board and FDIC.
Lawsuit paused after OCC moves to fully rescind disastrous 2020 CRA Rule Changes Read More »
The Massachusetts experience indicates that applying CRA to mortgage companies nationwide is feasible and likely would increase their retail lending and community development activity in lower-income communities.
Massachusetts CRA for Mortgage Companies: A Good Starting Point for Federal Policy Read More »
Today, the Office of the Comptroller of the Currency (OCC) announced it will propose to rescind its controversial Trump-era rules weakening the Community Reinvestment Act (CRA) and work with other banking regulators to adopt a clear, strong and consistent update to the CRA.
Today, the Office of the Comptroller of the Currency (OCC) announced that the agency will halt further implementation of its 2020 Community Reinvestment Act (CRA) rule and will reconsider the rule in its entirety — a necessary first step to reversing the Trump-era changes to the critical anti-redlining law.
OCC Hits Pause On Disastrous 2020 CRA Rule Changes, Lawsuit Still Pending Read More »
Strengthening and expanding the reach of the Community Reinvestment Act and duties to serve throughout the financial sector has to be at the forefront of policy questions about racial equity, the racial wealth gap and expanding financial inclusion for lower income communities.
