DATE: Monday, Oct. 4
TIME: 10:30 am – 11:30 am PDT (1:30 pm -2:30 pm EDT)
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PANELISTS:
Sharon Legenza, Housing Action Illinois
Horacio Mendez, Woodstock Institute
Frank Woodruff, National Alliance of Community Economic Development Associations
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DESCRIPTION:
Keeping banks and investors accountable to communities and community development goals is a significant and complex undertaking – but critical to advancing the civil rights goals inherent in the Community Reinvestment Act (CRA). Federal regulators charged with implementing the CRA are currently working through responses from this year’s Advanced Notice of Proposed Rulemaking and potentially proposing a draft rule in 2022, if not sooner. At the same time, some states are advancing their own CRA laws to increase lending accountability and transparency. Come hear the most recent updates and engage with our expert roundtable about the big questions being raised by these CRA reform efforts, including how we as a sector might want to see them resolved in order to benefit the communities we work with and serve.