Community Development Briefs

摘要

The federal financial regulatory agencies have issued a final Community Reinvestment Act (CRA) regulation implementing a statutory requirement to consider low-cost higher education loans to low-income borrowers as a positive factor in CRA assessments.rnThe rule also incorporates a statutory provision that allows the regulators to consider an institution's capital investment, loan participation, and other ventures with minority-owned institutions, women-owned institutions, and low-income credit unions in the institution's CRA assessment.