Community Reinvestment Act : Regulatory Developments and Issues.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Community development.

Poverty.

Banks and banking.

Physical Description:

1 online resource (14 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2009.

System Details:

text file

Summary:

Reviews statute and regulations of the Community Reinvestment Act (CRA) of 1977, which requires Federal banking regulatory agencies to evaluate how each of their regulated institutions meet the credit needs of their low- and moderate-income neighborhoods; and describes how a CRA examination is conducted. Reviews recent changes to CRA compliance rules and summarizes the provisions of the Community Reinvestment Modernization Act of 2009. Presents debates concerning costs and benefits of CRA, as well as its effectiveness.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. Community Reinvestment Act

Access Restriction:

Restricted for use by site license.