The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all … See more The Community Reinvestment Act of 1977 sought to address discrimination in loans made to individuals and businesses from low and moderate-income neighborhoods. The Act mandates that all banking institutions that … See more The original Act was passed by the 95th United States Congress and signed into law by President Jimmy Carter on October 12, 1977 (Pub.L. 95-128, 12 U.S.C. ch. 30). The CRA was … See more • Fannie Mae • Freddie Mac • Federal Housing Administration See more Effectiveness The first major research study of CRA was the 1993 book Community Reinvestment Performance (1993, Probus Publishing) by Kenneth H. … See more • Public Law 95-128, 95th Congress, H.R. 6655: Housing and Community Development Act of 1977 [Community Reinvestment Act] • Revisiting the CRA: Perspectives & Policy Discussion on the Community Reinvestment Act, a joint publication by the … See more WebNov 9, 2024 · The OCC published a summary of key provisions of the June 2024 rule modernizing the agency's regulations under the Community Reinvestment Act, as well as …

FDIC: Banker Resource Center: Community Reinvestment Act (CRA)

WebAug 1, 2001 · Community development under the CRA: Review of the 1995 regulations begins Share Subscribe In 1977, Congress passed the Community Reinvestment Act (the CRA) to encourage financial … WebProposed changes to Community Reinvestment Act regulations — the first significant revisions since 1995 — become create complex latest metrics the standards for measured banks’ performance and should require lenders to reexamine their processes. Proposed changes to Community Reinvestment Act regulations — the first significant revisions ... freight itu apa

Feds Propose Updates to CRA Regulations - Investopedia

WebJul 13, 2024 · Flood Insurance Study Status. To determine a community's risk to flood hazards, FEMA performs an engineering study called a Flood Insurance Study (FIS). A … WebThe Community Reinvestment Act (CRA) was enacted in 1977 as part of an attempt to remedy the legacy of redlining and to encourage banks to meet the needs of minority … WebCommunity Reinvestment Act (CRA) Community Reinvestment Act Proposed Rulemaking The Community Reinvestment Act, or CRA, was signed into law in 1977 … fast charge vape mod