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Enforce the Community Reinvestment Act

June 2, 2016
Consumer Finance
Letters to Congress

A better enforced and strengthened CRA would be a critical tool in ensuring that underserved communities across the country are provided with the credit opportunities needed to better recover from the 2008 financial crisis. While more affluent neighborhoods have bounced back or have begun to bounce back following the crisis, many low- and moderate-income neighborhoods continue to struggle eight years later with fewer mortgages and small business lending opportunities.