Natural Resources Defense Council (NRDC)
OCCNonrulemakingOCC-2014-0021

Community Reinvestment Act; Interagency Questions and Answers Regarding Community Reinvestment

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May 5, 2017
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Natural Resources Defense Council (NRDC) filings
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Activity

Natural Resources Defense Council (NRDC) filed 1 comment on this docket between Nov 13, 2014 and Nov 13, 2014. 48 other organizations filed here. The comment window closed 4278d ago.

What Natural Resources Defense Council (NRDC) filed (1)

Nov 13, 2014· Natural Resources Defense Council, ACEEE, and Institute for Market Transformation· OCC-2014-0021-0092

Filed on regulations.gov — full text not in the inline record.

Abstract

The OCC, Board, and FDIC (the Agencies) propose to clarify and supplement their Interagency Questions and Answers Regarding Community Reinvestment to address questions raised by bankers, community organizations, and others regarding the Agencies' Community Reinvestment Act (CRA) regulations. The Agencies propose to revise three questions and answers that address (i) alternative systems for delivering retail banking services and (ii) additional examples of innovative or flexible lending practices. In addition, the Agencies propose to revise three questions and answers addressing community development-related issues, including economic development, community development loans, and activities that are considered to revitalize or stabilize an underserved nonmetropolitan middle-income geography. The Agencies also propose to add four new questions and answers, two of which address community development services, and two of which provide general guidance on responsiveness and innovativeness.

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