The CRA Turns 49: The Importance of Bank-Community Partnerships for Historically Disinvested Communities
These are challenging times for the Community Reinvestment Act (CRA). Today, CRA will celebrate its 49th birthday. The following day, the middle-aged CRA will have an existential moment. Comment letters are due on October 13 regarding the proposed rule by the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency