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2023 Roundup: Federal Policy Developments in Neighborhood Revitalization 

Center for Community Progress

This has been a big year for federal policy developments that can help communities address vacancy and stabilize neighborhoods. The rulemaking recognizes the important role of land banks in community revitalization, neighborhood stabilization, and the development of affordable housing.

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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. When both compliance officers and commercial lender work together, community development impact is a natural outcome.

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Episode 71: CRA Tips: CRA Services-What exactly does the provision of financial services mean?

CRA Today

link] In the past, regulations narrowly defined the provision of financial services. To qualify a community development service, it has to have a primary purpose of community development, be offered on behalf of the bank, and must be related to the provision of financial services.

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Nonbank Mortgage Servicers: Proposing a Better Path to Reduce Their Risk to Financial Stability

The Stoop (NYU Furman Center)

6 The regulations covering NMSs do not subject them to strong enough prudential regulatory requirements to ensure they can operate in a safe and sound manner even during times of significantly adverse economic and market circumstances. The Report notes, by contrast, that the regulations that apply to banks are designed to do just that.

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How Digithurst and Telepaxx built a secure and scalable radiology solution chain using AWS

AWS Public Sector Blog

Radiology centers face many challenges, like shortages in personnel and budget; interoperability issues between different IT systems and long-term storage of images; and strict laws and regulations regarding IT security and data protection. In 2018, this platform, called HealthDataSpace, was migrated to AWS.

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Karsun Solutions builds modernization platform using Amazon Bedrock

AWS Public Sector Blog

Summary Highly regulated enterprises and government agencies still maintain critical applications operating on legacy mainframe systems. ReDuX also enables architects and developers to efficiently convert legacy functions into cloud-native microservices.

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How Can Agencies Mitigate Risks of Using AI?

GovLoop

The Connecticut Office of Policy and Management will create policies and procedures governing such AI assessments and clarifying how agencies must develop, procure and implement their AI systems. Beginning on Dec. In most hiring situations, though, a manager is the final arbiter.)

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