CRA 2.0: Why CRA Must be Strengthened

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Uploaded by on Jun 11, 2009

CRA has leveraged hundreds of billions of dollars of loans, investments, and bank services for low- and moderate-income communities, but the full potential of CRA has yet to be realized. NCRC has worked with members of Congress to introduce the Community Reinvestment Modernization Act of 2009 or H.R. 1479. Learn how H.R. 1479 strengthens CRA as applied to banks, enhances data disclosure and transparency of financial transactions, and how H.R. 1479 would apply CRA to non-bank financial institutions.

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