Bankowość · 20/12/2010

US Agencies Adopt Revisions to Community Reinvestment Act Regulations

The Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of Thrift Supervision (OTS) are revising rules implementing the Community Reinvestment Act (CRA) to include loans, investments, and services supporting projects in designated target areas identified by the US Department of Housing and Urban Development (HUD) under the Neighborhood Stabilization Program (NSP).