WebAug 24, 2024 · The Community Reinvestment Act (CRA), enacted in 1977, requires the Federal Reserve and other federal banking regulators to encourage financial … WebIn 1977, Congress enacted the Community Reinvestment Act (CRA), which required federal financial regulatory agencies to encourage regulated financial institutions to help …
Community Reinvestment Act (CRA) OCC
WebMay 5, 2024 · Statement on Community Reinvestment Act Proposal by Governor Lael Brainard Statement on Community Reinvestment Act Proposal by Governor Michelle W. Bowman Media Contacts: Federal Reserve Board Laura Benedict 202-452-2955 FDIC Julianne Breitbeil 202-898-6895 OCC Stephanie Collins 202-649-6870 Last Update: … WebSep 21, 2024 · The Federal Reserve Board on Monday issued an Advance Notice of Proposed Rulemaking (ANPR) that invites public comment on an approach to modernize the regulations that implement the Community Reinvestment Act (CRA) by strengthening, clarifying, and tailoring them to reflect the current banking landscape and better meet the … dying symptoms of lung cancer
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WebMay 5, 2024 · The Community Reinvestment Act is passed to encourage the sound provision of lending, financial services, and other investments in low- and moderate-income neighborhoods. Community advocates, policymakers, and economists argued that people in low- and moderate-income neighborhoods still struggled to access credit despite the … WebA proposal to STRENGTHEN & MODERNIZE THECRA COMMUNITY REINVESTMENT ACT The Community Reinvestment Act, or CRA, became law in 1977 and remains one of the seminal pieces of legislation to address systemic inequities in access to credit. WebApr 8, 2024 · 12 Community Reinvestment Act Regulations; Request for Public Input, 85 Fed. Reg. 1285 (January 10, 2024). 13 Joseph M. Otting, Statement before the House Financial Services Committee, Washington, DC, January 29, 2024. 14 Community Reinvestment Act Regulations, 85 Fed. Reg. 1221–22 (January 9, 2024). crystal sands by wyndham vacation rentals