Recent News

Wednesday, November 7, 2018

Results from Tuesday’s elections–with Democrats taking control of the House of Representatives and Republicans maintaining control of the Senate–and their effect on the affordable housing, community development and renewable energy communities are the subject of a Notes from Novogradac blog post and a

Thursday, November 1, 2018

The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act (CRA) performance evaluations that became public in October. Of the 37 evaluations, 30 were rated satisfactory and seven were outstanding. The list includes only national banks, federal savings associations and insured federal branches of foreign banks.

Thursday, October 25, 2018

The federal banking agency members of the Federal Financial Institutions Examination Council that have Community Reinvestment Act (CRA) responsibilities today announced the availability of a fact sheet and data tables for specific lending 2017 data pursuant to the CRA.

Friday, October 19, 2018

The Treasury Department today released the first tranche of proposed guidance for the opportunity zones (OZ) incentive, addressing gains invested in qualified opportunity funds. Treasury also released a related revenue ruling. Treasury will accept comments for 60 days.

Tuesday, October 2, 2018

The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act performance evaluations that became public in September. Thirty evaluations were made, with 23 rated satisfactory, five rated outstanding, one rated needs to improve and one rated substantial needs to improve. The list contains national banks, federal savings associations and insured federal branches of foreign banks.

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