Monthly Archives: December 2017

CCM Celebrates 40 Years of the Community Reinvestment Act (CRA)
December 2017 | Impact Investing

In 1977, Congress enacted the Community Reinvestment Act (CRA), a law intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income (LMI) neighborhoods, consistent with safe and sound banking operations. In 1989, Congress passed the Financial Institutions Reform, […]