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Episode 65: CRA Tips: Revisiting the Fundamentals: A Community Development Loan Primer

CRA Today

Episode 65: CRA Tips: Revisiting the Fundamentals: A Community Development Loan Primer [link] This episode will lay the foundation for community development loans as it relates to your CRA program. Community development loans must have a primary purpose of community development.

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Episode 15: Community Development Loans… How Much Is Enough?

CRA Today

Episode 15: Community Development Loans. link] Regulators are currently revisiting the way they define a community development loan (CDL) through CRA modernization efforts. Here’s where you should start: The post Episode 15: Community Development Loans… How Much Is Enough? How Much Is Enough?

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Driving Impact and Building Trust: The Power of Collaboration Between Compliance Professionals and Lenders in Community Development Lending

CRA Today

Community development lending is a critical tool for driving impact and building stronger communities, but it requires a deep understanding of regulatory compliance and risk management. Commercial lenders are entrenched in local communities customizing financing options to help businesses manage cash flow and operational risk.

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Over Forty National, Local, and Land Bank Stakeholders Join Community Progress in Asking Bank Regulators to Strengthen the CRA

Center for Community Progress

This joint effort represents the first major revisions to CRA regulations since 1995. Through the CRA, the Agencies encourage banks—from smaller community and regional banks to international conglomerates with billions in assets— to help meet the credit needs of communities , especially including low- and moderate-income neighborhoods.

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Maximizing Underused Hospital-Owned Land for Affordable Housing

The Stoop (NYU Furman Center)

As New York City faces its worst housing crisis in over 50 years, policymakers are looking to connect affordable housing developers with a range of institutional stakeholders from hospitals to faith-based organizations to find ways to increase the supply of homes.

Housing 112
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Episode 80: CRA Tips: CRA Services Hours, Events, or Instances? What the What?!?

CRA Today

[link] In a recent CRA fundamentals office hours session, we discussed current practices around community development services. One bank professional asked why, at her last bank, they counted the number of hours of qualified community development services, but at her current bank, they count both the number of occurrences and hours.

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The CRA Exam Cycle From a Regulator’s Perspective

CRA Today

Your bank is steadfast in meeting the credit needs of all businesses both large and small in your communities. Your job is making sure you capture and identify all eligible community development activities going into a regulatory exam. But what about your regulator? This is the basis for the regulation.