Community Reinvestment Act (CRA)
By Kierra Karemani
“Our lending partners have made huge financial commitments to increase minority homeownership.” Carrie Davis of Wealth Watchers shares how the Community Reinvestment Act has helped banks meet the needs of communities.
By Michael Morris
Could CRA modernization drive more inclusive community development for individuals with disabilities, especially those at the intersection of race or ethnicity?
By Lael Brainard
Federal Reserve Governor Lael Brainard shares her views on why it's the right time to modernize the Community Reinvestment Act.
By Laurel Gourd, Maria Villanueva
In the 40+ years since the CRA was enacted in 1977, the way banking is conducted has changed. It's just one reason the Fed is looking to update the regulation we use to evaluate banks under the law.
By Laurel Gourd, Maria Villanueva
Congress enacted the Community Reinvestment Act in 1977, requiring banks to reinvest in the communities in which they operate. Here's why the law was needed and why it's still relevant today.
