Community Reinvestment Act
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Community Reinvestment Act

Guidance

Notice: Adoption of the Interagency Questions and Answers Regarding Community Reinvestment
Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation (FDIC); Office of Thrift Supervision, Treasury (OTS)
(November 15, 2013)

Notice: Interagency Questions and Answers Regarding Community Reinvestment
Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation (FDIC); Office of Thrift Supervision, Treasury (OTS)
(March 18, 2013) 

Notice: Interagency Questions and Answers Regarding Community Reinvestment
Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation (FDIC); Office of Thrift Supervision, Treasury (OTS)
(March 11, 2010) 

Notice: Interagency Questions and Answers Regarding Community Reinvestment
Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation (FDIC); Office of Thrift Supervision, Treasury (OTS)
(January 6, 2009)

OCC Bulletin 2008-24: Community Reinvestment Act and Hurricanes Katrina and Rita
Office of the Comptroller of the Currency, Treasury (OCC)
(September 29, 2008)

Community Development Investment Letter #2008-1: Investment in Fund for Solar Energy Producing Facilities
(July 31, 2008)

Proposed Revisions to the Interagency Questions and Answers Regarding Community Reinvestment
Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System; and Federal Deposit Insurance Corporation (FDIC)
(July 11, 2007)

OTS Questions and Answers Regarding the Community Reinvestment Act
Office of Thrift Supervision (OTS),
(April 12, 2006)

Interagency Questions and Answers Regarding Community Reinvestment
Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System; and Federal Deposit Insurance Corporation (FDIC)
(March 2, 2006)

OCC Bulletin 2006-6: Community Reinvestment Act and Hurricanes Katrina and Rita
Office of the Comptroller of the Currency, Treasury (OCC)
(February 9, 2006)

OCC Community Development Investment Letter #2004-3: National Bank May Invest in a CDE formed under the NMTC program which acquires real estate loan made to QALICB

OCC Interpretive Letter # 996: National Bank is Authorized to Acquire Non-controlling Interest in an LLC that Generates NMTCs
(July 6, 2004)

Compliance Corner: Expanding Your CRA Reach with CD Banks and CDFIs
(Summer 2004)

Legal Authority for National Bank Investments in Subsidiary Community Development Entities and NMTCs
(Summer 2004)

OCC Interpretive Letter # 984: Treatment of NMTC investments under CRA
(December 17, 2003)

Community Reinvestment Act Information
U.S. Treasury Department

Equity Equivalent Investments
Community Investments Newsletter, Volume 14; No. 1; March, 2002

Regulations

Joint Final Rule: Community Reinvestment Act Regulations
Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation (FDIC); and Office of Thrift Supervision, Treasury (OTS), December 20, 2010

Proposed Community Reinvestment Act Regulations
Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC), June 24, 2010

Agencies Propose to Expand Scope of Community Reinvestment Act Regulations to Encourage Depository Institution Support for HUD Neighborhood Stabilization Program Activities
Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC), June 17, 2010

Public Hearings and Request for Comments Related to Modernization
Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC), June 17, 2010

Final Rule: Community and Economic Development Entities, Community Development Projects, and Other Public Welfare Investments
Office of the Comptroller of the Currency (OCC), April 7, 2009

Revised Definition of Community Development under CRA Regulations 
Office of Thrift Supervision (OTS), April 12, 2006

Joint Final Rule: Community Reinvestment Act Regulations 
Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC), August 2, 2005

Proposed Amendment to Community Reinvestment Act regulations 
Office of the Comptroller of the Currency (OCC), Federal Housing Finanace Board and Federal Deposit Insurance Commission (FDIC), March 11, 2005

Proposed Amendment to Community Reinvestment Act definition of 'small bank'  
Federal Deposit Insurance Corporation (FDIC), August 20, 2004

Proposed Amendment to Community Reinvestment Act regulations: definition amended, abusive lending practices and other issues addressed   
Office of the Comptroller of the Currency (OCC); Board of Governors of the Federal Reserve System ; Federal Deposit Insurance Corporation (FDIC); Office of Thrift Supervision (OTS), U.S. Treasury Department, February 2004

Joint Agency Notice of Proposed Rulemaking - Community Reinvestment Act Regulations 
U.S. Treasury Department, Federal Reserve System and Federal Deposit Insurance Corporation, July 19, 2001

  1. Comment Letter Regarding Proposed CRA Regulations
    Novogradac & Company LLP, October 16, 2001
  2. Comment Letter Regarding LIHTC and CRA Regulations 
    Affordable Housing Tax Credit Coalition, July 20, 2000
  3. Letter Regarding Investment in a LIHTC Partnership
    U.S. Treasury Department Office of Thrift Supervision, November 10, 1994

Systemically Important Financial Institution (SIFI) Information

Policy Measures to Address Systemically Important Financial Institutions
Financial Stability Board, November 4, 2011

Excerpt: Initial List of 29 Globally Systemically Important Financial Insitutions (G-SIFIs)
Financial Stability Board, November 4, 2011

Press Release: Strengthening the intensity and effectiveness of SIFI supervision
FSB reports on progress

Financial Stability Board, November 4, 2011

Press Release: FSB issues International Standard for Resolution Regimes
Financial Stability Board, November 4, 2011

Key Attributes of Effective Resolution Regimes for Financial Institutions
Financial Stability Board, November 4, 2011

Overview of responses to the public consultation
Financial Stability Board, November 4, 2011

Reports and Other Resources

Updated Community Developments Insights: Low-Income Housing Tax Credits: Affordable Housing Investment Opportunities for Banks
Office of the Comptroller of the Currency (OCC), March 26, 2014

FFIEC Interagency CRA Rating Search
This links to a search engine on the FFIEC site that users can search for the latest CRA ratings of financial institutions supervised by the Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and/or Office of Thrift Supervision.

Investing in Wind Energy Using the Public Welfare Investment Authority
(Office of the Comptroller of the Currency (OCC), Fall 2013)

Public Welfare Investments in Wind Energy Tax Credit Transactions Fact Sheet
Office of the Comptroller of the Currency, September 2013

Remarks by Thomas J. Curry Comptroller of the Currency Before the National Community Reinvestment Coalition Washington, D.C.
Office of the Comptroller of the Currency (OCC), March 2013

Remarks by Thomas J. Curry Comptroller of the Currency Before the National Association of Affordable Housing Lenders
Office of the Comptroller of the Currency (OCC), February 2013

Community Reinvestment Act: Challenges in Quantifying Its Effect on Low-Income Housing Tax Credit Investment
U.S. Government Accountability Office (GAO), August 2012

Fact Sheet: Historic Tax Credits
Office of the Comptroller of the Currency (OCC), August 2011

Fact Sheet: Low Income Tax Credits
Office of the Comptroller of the Currency (OCC), July 2011

Fact Sheet: New Market Tax Credits
Office of the Comptroller of the Currency (OCC), July 2011

Fact Sheet: CRA: Community Development Loans, Investments, and Services
Office of the Comptroller of the Currency (OCC), May 2011

Fact Sheet: Solar Energy Investment Tax Credits and Grants
Office of the Comptroller of the Currency (OCC), March 2011

Fact Sheet: Multi-Bank Partnerships for Community Development Financing

OCC Response to Community Development Organizations' Letter Requesting Clarification of OCC Policies Concerning Bank Investments in Multi-Investor, Multi-State Funds
Office of the Comptroller of the Currency (OCC), October 20, 2010

Community Reinvestment Act: Towards a sustainable national CRA policy for Low Income Housing Tax Credit (LIHTC) investments (August 31, 2010)

Comptroller of the Currency Remarks on Role of CRA
Comptroller of the Currency John C. Dugan remarks before the Federal Economic Development Forum, April 20, 2010

Letter To Members of the FFIEC Requesting Clarification of OCC Policies Concerning Bank Investments in Multi-Investor, Multi-State Funds
Community Development Organizations, December 15, 2009

Addendum: Organization Profiles

In Defense of CRA: Making the Case fo Community Investment
National Association of Affordable Housing Lenders, March 2009

Preserving Affordable Multifamily Rental Housing: How Banks Help Sustain the Nation’s Supply of Affordable Rental Housing

Community Developments Insights: New Markets Tax Credits: Unlocking Investment Potential
Office of the Comptroller of the Currency (OCC), February 27, 2007

The Community Reinvestment Act After Financial Modernization: A Baseline Report
U.S. Treasury Department, April 2000