The federal bank regulatory agencies with responsibility for CRA rulemaking have published final revisions to “Interagency Questions and Answers Regarding Community Reinvestment.” The Questions and Answers document provides additional guidance to financial institutions and the public on the agencies’ CRA regulations.
The new and revised guidance addresses questions raised by bankers, community organizations and others regarding the agencies’ CRA regulations in the following areas:
For more information on the CRA, the agencies’ CRA regulations and the agencies’ Questions and Answers, please visit the Federal Financial Institutions Examination Council website at www.ffiec.gov.
“The Opportunity Project” is a new open data effort to improve economic mobility for all Americans. It will unleash the power of data, putting tools in the hands of civic leaders, community organizations and families to help them navigate information about critical resources such as access to jobs, housing, transportation, schools and other neighborhood amenities. A unique package of federal and local datasets has been released in an easy-to-use format, accelerating a new way for the federal government to collaborate with local leaders, technologists and community members to use data and technology to tackle inequities and strengthen communities. For more information, visit http://opportunity.census.gov.
Keep up with what’s new and noteworthy at the St. Louis Fed. Sign up now to have this free monthly e-newsletter emailed to you.
Fed in Print: An index of the economic research conducted by the Fed.
FedCommunities.org is a portal to community development resources from all 12 Federal Reserve Banks and the Federal Reserve Board of Governors.