Yesterday, Federal Reserve Board Governor Lael Brainard gave a speech at the Urban Institute outlining a vision for reforming the Community Reinvestment Act (CRA) regulations that differs...

The House and Senate have reached a $1.4 trillion spending agreement for Fiscal Year 2020, with a record-setting appropriation of $262 million for the CDFI Fund and an extension of the New Markets Tax Credit (NMTC) Program for one year with an increase in the allocation to $5 billion.

For the first time in nearly 25 years, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) are moving closer to overhauling the Community Reinvestment Act (CRA) regulatory framework.

On December 2, the Federal Housing Finance Agency (FHFA) held one of four public listening sessions designed to gather input from the public on Fannie Mae and Freddie Mac’s 2021-2023 Duty to Serve (DTS) plans.