SAHF Submits Comments on the Federal Reserve Board's Community Reinvestment Act ANPR

On February 16, 2021, SAHF submitted comments on the Federal Reserve Board's Community Reinvestment Act (CRA) Advance Notice of Proposed Rulemaking (ANPR). SAHF encourages the Board to work the other regulators to modernize the CRA regulations to better achieve the statutory purpose of encouraging banks to invest in and serve low and moderate income (LMI) communities; increase clarity, consistency and transparency of supervisory expectations; and tailor supervision to reflect differences across banks, local markets, and business cycles. 

Click here to read the full comments.