Capitol Hill hearings urged to ensure CRA program is strengthened, not weakened

Black Local and National News

by Staff 10 Views

By: Charlene Crowell For more than 40 years, the Community Reinvestment Act (CRA) has served as a mechanism for the federal government to hold banks and other depository institutions accountable for meeting the credit needs of low and moderate-income (LMI) neighborhoods. Enacted in 1977, the CRA has the power to influence applications for bank mergers, […]

The post Capitol Hill hearings urged to ensure CRA program is strengthened, no...

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