Woodstock Institute staff are eagerly reading through the newly released proposed rules implementing the Illinois Community Reinvestment Act. Join us and the Illinois CRA Coalition to weigh in on final rules for the state's new bank regulation.
This time around, our expert panel discussed the pros and cons of including race in the Community Reinvestment Act, CRA, responding to each others’ points.
About the panelists
Warren W. Traiger, Senior Counsel at Buckley has played a leading role in formulating the banking industry’s position on CRA modernization, coordinating and preparing the responses of leading national trade associations and several banks to the proposed federal inter-agency rulemaking. More
Calvin Bradford is an independent researcher and consultant who worked on the original CRA proposals and legislation. He is a board member of Woodstock Institute.
Horacio Mendez is President & CEO of Woodstock Institute and brings experience as a former banker and policymaker as well as advocate to his role.
CEO Horacio Mendez joined Neighborhood Housing Services of Chicago President Anthony Simpkins in presenting analysis of lending in communities by banks seeking to hold city deposits.
Now is a good time to discuss what’s next for the Community Reinvestment Act as federal bank regulators review comments on proposed CRA regulatory reform. Join us for a virtual ‘lunch and learn’ on the topic with two experts...
This past year we saw constructive action result from the national outrage at George Floyd’s murder in 2020 including a hopeful response in Illinois and Chicago with passage of the Predatory Loan Prevention Act, Illinois CRA and Chicago’s Lending...
Our new analysis found lending disparities grew in the Chicago region in 2020. Overall, we found, loan volume increased mostly due to refinance loans. Research Associate Natalie Cheng led our presentation on findings and demonstrated the latest iteration of...
Woodstock Institute Vice President for Policy and Communication Brent Adams wrote recently to U.S. Rep. Sean Casten and the other members of the Illinois Congressional delegation on the House Financial Services Committee to urge them to co-sponsor H.R. 6054...
The FDIC released proposed rules for an interagency Community Reinvestment Act reform process today. The long-awaited proposal represents the most recent of many stalled efforts to update this anti-redlining law.
Each year we analyze home and small business lending data for Chicago and the metro region and share it on our Data Portal. In 2020, we found that lending disparities grew in the Chicago region, while overall loan volume...
photo above: Sr VP Policy and Communications Brent Adams, 3rd from left and Policy Associate Jane Doyle, far right, participated in Consumer Federation of America’s Consumer Assembly June 15. They and CEO Horacio Mendez also attended NCRC’s Just Economy...