CRA Public Comments Due April 8th
March 30, 2020
The Community Reinvestment Act (CRA) was passed by Congress in 1977 as a response to redlining and lending discrimination. One would think that a nationwide pandemic would cause the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to halt the rulemaking process. That unfortunately is not the case.
Public comments remain due April 8th. Your voice is urgently needed to go on the record in opposition to this harmful proposal that would:
CRA works. We need to modernize CRA - not weaken it!
|OCDCA urges every member to submit a public comment that's customized to your organization. Here are some helpful templates, but supplementing with your own voice is important.|
Public comment (April 8 deadline) is critical in building the case against the proposed changes. Tell the OCC and FDIC that any changes to CRA should strengthen it and live up to the spirit and intent of the act - ensuring that LMI communities and communities of color have equal access to capital and credit.
Please take the time to make your voice heard. If you have any questions please contact me at email@example.com or 614-461-6392 ex. 207.
Thank you for your advocacy!
Ohio CDC Association