This report should encourage more members of Congress to co-sponsor and support the CRA Modernization Act of 2009 (H.R. 1479). The bill currently has 20 co-sponsors and supporters are hoping to increase that to 50 by June 11th. The National Community Reinvestment Coalition has created a CRA Toolbox and has updated information on sponsors and activities.
Woodstock Institute is actively working with NCRC and local leaders to promote fair lending, investments, and financial services in lower-wealth communities through CRA and other methods. Join us on May 12 for the Illinois Community Investment Coalition’s Forum on Regional Reinvestment Priorities.