Community Development Engagement Regulations 
CRA Today
AUGUST 1, 2023
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.
Center for Community Progress
AUGUST 30, 2022
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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CRA Today
DECEMBER 31, 2022
In any case, most banks will have at least one more CRA examination before the new finalized regulations are implemented, and it’s important to put the bank ’ s best face forward. Maximize the Reporting of Community Development Activities; 2. Maximize the Reporting of Community Development Activities.
The Stoop (NYU Furman Center)
MARCH 11, 2024
It is considered one of America’s government- sponsored enterprises (GSEs), i.e., public-private hybrid corporations created by Congress and authorized to engage only in a narrowly-tailored set of activities. Part 1 of this two-part paper describes this more fully. 6 This was totally inconsistent with the original design.
CRA Today
OCTOBER 20, 2021
Are you one of the 95 percent of banks that are underreporting community development loans under the Community Reinvestment Act (CRA)? SHOWNOTES: Community Development Loans Demystified with Krista Shonk, VP & Senior Counsel, Regulatory Compliance and Policy, Fair & Responsible Banking, ABA.
The Stoop (NYU Furman Center)
MARCH 4, 2024
2 The report came about at a time when the FHLBs have been increasingly criticized for neglecting their housing and community development mission and instead using their subsidies and privileges to benefit their financial institution owners and executives. mortgage originations.
CRA Today
DECEMBER 29, 2021
Here are some things to consider: Collaborate with different business units to ensure you’re meeting the credit needs of the community. Engage key internal bank stakeholders to maximize the bank’s community development services, loans, and investments. Who’s your regulator? Where are you in the exam cycle?
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