Comptroller Discusses CRA, Affordable Housing

Thursday, December 1, 2016 - 11:45AM

Comptroller of the Currency Thomas J. Curry today addressed the National Association of Affordable Housing Lenders Policy and Practice Conference on the importance of Community Reinvestment Act (CRA) lending to affordable housing development. Curry said that CRA lending to affordable housing and community development totaled $87 billion in 2015, an increase from about $75 billion in 2014. He also discussed initiatives to improve CRA compliance supervision and noted that CRA performance and compliance are critical aspects of business banking. 

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