Community Reinvestment Act

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Community Reinvestment Act Changes Expected to Benefit Low- and Moderate-Income Communities

Proposed changes to the Community Reinvestment Act (CRA) could lead to greatly enhanced investment in low- and moderate-income (LMI) communities…

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The lawmakers’ concerns are reinforced by worsening income inequality and the growing and persistent racial wealth gap.

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According to a report, Black consumers are the only racial/ethnic group that has made no appreciable progress in homeownership over…

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Despite these changing times, much of what has plagued black America remains the same: a lack of wealth and ample…