2017 NCRC Policy Agenda Individual Fact Sheets

Invest Local

• Defend CRA From Efforts to Weaken It
• Improve Accountability for CRA Activities With Tougher Bank Examinations and Timely Release of CRA Ratings
• Identify and Enforce Public Benefits Claimed by Banks in Mergers and Acquisitions and Require Specific Description of Public Benefits of Mergers
• Reduce FHA’s Mortgage Insurance Premium to Make Homeownership More Accessible
• Continue to Improve the FHA Quality Assurance Framework to Ensure Greater Lender Participation and Better Access to Homeownership
• Protect Fannie Mae and Freddie Mac’s Affordable Housing Mission and Affordable Housing Goals in Any Reform of the Enterprises
• Protect Funding of the National Housing Trust Fund and Capital Magnet Fund Even as the Enterprises Remain in Conservatorship
• Rethink Fannie Mae and Freddie Mac’s Backing of Private Equity Investors in the Single Family Rental Market
• Prioritize the Affordable Housing Needs of Rural Americans

Invest Forward

• Ensure that Innovative Fintech Companies Have Requirements Around Consumer Protections, Transparency and Affirmative Obligations That Mirror Those For Banks
• Improve Federal Funding for HUD-Approved Housing Counseling Agencies to Build and Maintain Strong Homeownership

Invest Fair

• Oppose Efforts to Undermine Fair Housing Enforcement, Including HUD’s Affirmatively Furthering Fair Housing (AFFH) and Disparate Impact Rules
• Protect the CFPB and its Director From Attacks That Limit Their Ability to Ensure a Fair and Transparent Financial System
• Protect Section 1071 of the Dodd-Frank Act to Ensure Better Access to Credit for Small Businesses
• Make Public Better Data About the Mortgage Market and Loan Products
• Provide Incentives for Financial Institutions to Adopt Age-Friendly Banking

Invest Period

• Ensure a Fair Federal Tax Code That Continues to Support Homeownership, Affordable Housing and Investment in Small, Midsize and Rural Communities
• Continue to Invest in the Critical Infrastructure of the Country