The Effectiveness of the Community Reinvestment Act

Getter, Darryl E.

Library of Congress. Congressional Research Service.

关键词: Community development;    Investments;    Neighborhood government;   

RP-ID  :  R43661
RP-ID  :  R43661_2014Jul25

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report informs the congressional debate concerning the Community Reinvestment Act (CRA) effectiveness to incentivize bank lending and investment activity tolow- and moderate-income (LMI) borrowers. After a discussion of the CRA's origins, the examination process and bank activities that are eligible for consideration of CRA credits are presented. Next, the difficulty of determining the CRA's influence on bank behavior is discussed.