- Full Event [YouTube]
On July 14, the Federal Reserve Bank of Minneapolis hosted a virtual discussion and listening session on how Community Reinvestment Act (CRA) proposed rulemaking could more effectively address the investment and credit needs of community development financial institutions (CDFIs), minority depository institutions (MDIs), and low-income credit unions (LICUs).
July 14, 2022
|10:00–10:05 a.m. CT||Welcome|
|10:05–10:20 a.m. CT||A primer on the CRA Molly Majerle, Federal Reserve Bank of Minneapolis|
|10:20–10:35 a.m. CT||Highlights of CDFI-, MDI-, and LICU-related provisions in the CRA Notice of Proposed Rulemaking Michou Kokodoko, Federal Reserve Bank of Minneapolis|
|10:35–11:15 a.m. CT||Audience discussion of key issues relating to CDFIs, MDIs, and LICUs
From the Notice of Proposed Rulemaking:
|11:15 a.m. CT||Adjourn|
Your feedback on the modernization process will help us ensure that regulatory changes lead to a more effective CRA. We encourage you to voice your comments and questions about the modernization proposal during this important conversation. You are also welcome to provide written comments about the proposal at any time before August 5, 2022.