Comment Letter to the Office of the Comptroller of the Currency on Possible Regulatory Changes to the CRA

2018
|   By
Terri Ludwig ,
Formerly of Enterprise Community Partners, Inc.
letter image
Summary
Comments to the Office of the Comptroller of the Currency (OCC) on possible streamlining of and enhancements to the Community Reinvestment Act (CRA).
Description

On November 19, Enterprise submitted comments to the Office of the Comptroller of the Currency (OCC) on possible streamlining of and enhancements to the Community Reinvestment Act (CRA). Enterprise’s comments note that our aim for modernized CRA regulations is to ensure a consistent, transparent system that properly gives banks credit for sound community development work. Our comments also point out Enterprise’s three principles in CRA modernization: 1) Preserving a focus on affordable housing, 2) Updating assessment areas to address national lending and investment challenges and 3) Retaining an explicit investment test with an emphasis on community development activities.

Viewed 77 times
Opp360 logo

For full access to our tools and resources, please provide the information below.

We use this data to better understand our users; we do not sell or share this data. By providing this information, you can expect to receive newsletters and other updates from Opportunity360.