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Community Reinvestment Act
Complex, Sweeping CRA Proposal Would Undercut Law’s Mission of Serving Communities
Washington, D.C. – BPI today commented on the banking agencies’ joint Community Reinvestment Act proposal. BPI strongly supports the CRA and its core mission of supporting communities, including low- and moderate-income and underserved areas, and parts of the proposal would helpfully provide some certainty about what activities qualify for CRA credit, particularly with respect to banks’ partnerships …
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