Bankowość · 24/06/2010

OCC, Board, FDIC, and OTS Propose Revised Community Reinvestment Act Regulations

The OCC, Board, FDIC, and OTS are proposing changes to their Community Reinvestment Act rules to expand the definition of 'community development' to include loans and investments in projects supporting low- to middle-income individuals in designated target areas, as identified by HUD under the Neighborhood Stabilization Program.