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CRA and Race
December 15, 2021 , 1:00 pm EST – 2:00 pm EST
How can the Community Reinvestment Act be updated to directly examine race and better combat redlining?
The Community Reinvestment Act (CRA) was enacted to ensure much-needed investment and capital makes it to LMI communities. But NCRC’s research has shown that the majority of communities that were redlined in the 20th Century are still lower-income and also predominantly communities of color.
NCRC and the civil rights law firm Relman Colfax PLLC have released a report calling on federal regulators to add race directly to the scope of CRA and finally hold banks accountable to the communities they serve.
Hear from some of the architects of the report and senior NCRC leadership.
- Dedrick Asante Muhammad, Chief of Membership, Policy & Equity, NCRC
- Josh Silver, Senior Policy Advisor, NCRC
- Glenn Schlactus, Partner, Relman Colfax PLLC