The Federal Reserve Bank of Minneapolis invites you to join us on January 26, 2021 for a discussion about how the proposed modernization of the Community Reinvestment Act (CRA) could present opportunities to more effectively meet the needs of low- and moderate-income households and communities.
Enacted in 1977, the CRA encourages banks to help meet the credit needs of low- and moderate-income communities and households in their geographic area. The Board of Governors of the Federal Reserve System is seeking feedback on modernized CRA regulations. At this virtual event, Federal Reserve Bank of Minneapolis staff will both listen to community comments and share information on how stakeholders can provide written comments directly on the Federal Reserve’s CRA Advance Notice of Proposed Rulemaking.
Your feedback on the modernization process will help us ensure that regulatory changes lead to a more effective CRA.