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Community Reinvestment ActNACEDA Comment Letter to Reform CRA
The Community Reinvestment Act (CRA) shapes how financial institutions behave in low- and moderate-income communities and how they deploy resources through the community development industry. NACEDA submitted comment letter on August 5, 2022 in response to a Notice of Public Rulemaking from the federal agencies that regulate CRA -- the Federal Reserve, OCC, and FDIC. We also supported numerous NACEDA members and partners in crafting their letters. Changes to CRA regulations will chart the community development sector's course for a generation or more Focus Areas
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