October 2, 2026, Capitol Account, A Target of the CRA Revamp Finds a Lot Not to Like
“There is almost no evidence to support what they’re talking about. The way CRA currently operates is you have to demonstrate a benefit for low- and moderate-income communities. But that can include organizations that have a primary purpose of community development, and NCRC has a primary purpose of community development…Any CRA-eligible funds that we have received in the past are dedicated for the benefit of low- and moderate-income communities. And candidly, nobody’s made an assertion or presented evidence to the contrary.” – Jesse Van Tol, CEO of The National Community Reinvestment Coalition (NCRC)