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  1. The National Community Reinvestment Coalition (NCRC) is analyzing the potential impacts of recent rule changes made by the Office of the Comptroller of the Currency (OCC).

Lenders Urge Reconsideration of CRA Rule Changes

1 report, 1 independent Updated Tue 00:00
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What happened

Some supportReported by 1 outlet

The National Association of Affordable Housing Lenders urged federal banking regulators to reconsider proposed changes to the Community Reinvestment Act. The group filed comments with the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, warning that revisions, such as higher asset thresholds, could reduce financing for affordable housing and community development.

From housingwire.com

Why it matters

Some supportBrind's analysis of the reports

The proposed rule could weaken incentives for banks to finance affordable housing, small businesses, and community facilities. NAAHL stated that without private capital catalyzed by CRA, communities could see fewer business opportunities and less support for essential services.

The National Community Reinvestment Coalition is analyzing the potential impacts of recent rule changes made by the Office of the Comptroller of the Currency.

From housingwire.com

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The National Community Reinvestment Coalition (NCRC) is analyzing the potential impacts of recent rule changes made by the Office of the Comptroller of the Currency (OCC). All 1 developments

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