Remove Community Development Remove Engagement Remove Regulations
article thumbnail

Part of a Small CRA Team? Here’s How to Get the Help You Need

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Supply Skepticism Revisited: What New Research Shows About the Impact of Supply on Affordability

The Stoop (NYU Furman Center)

The proposed changes include easing regulations around mixed-use corridors and underutilized spaces, loosening restrictions on office conversions into residential space, removing parking mandates, adding a universal affordability preference, and allowing the addition of accessory dwelling units. "At

Housing 115
article thumbnail

Finish Strong, as published in ABA Bank Compliance

CRA Today

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.

article thumbnail

CRA Podcast Episodes

CRA Today

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.

article thumbnail

The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

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.