Jan 17, 2019 | 9:00 AM | Thursday
Community: Washington DC
Lending has changed substantially since the mid-1990s, and Community Reinvestment Act (CRA) regulations have been slow to catch up. With the Office of the Comptroller of the Currency’s recent Advance Notice of Proposed Rulemaking, revisions to the CRA regulatory framewo
This Sunrise Seminar will present and discuss findings from an Urban Institute report, commissioned by the National Association of Affordable Housing Lenders, that analyzes data on recent lending subject and not subject to CRA, including single and multifamily housing, community development, small business and small farm loans. Panel experts will discuss the differences in lending behaviors between bank and nonbank lenders; CRA lending by small and large banks; and banks’ importance to their communities and to low- and moderate-income people. Finally, panelists will discuss the implications of the study’s findings for CRA policy, and how revised CRA regulations can enable lenders to serve community needs in a more modern, effective way.
Lisa Mensah, Chief Executive Officer, Opportunity Finance Network
Jason Richardson, Director of Research and Evaluation, National Community Reinvestment Coalition
Theresa Stark, Senior Policy Analyst, Federal Reserve Board
Mark Willis, Senior Policy Fellow, NYU Furman Center
Ellen Seidman, Nonresident Fellow, Urban Institute (moderator)
Breakfast and registration will be available at 8:30 a.m., and the program will begin promptly at 9:00 a.m. For inquiries regarding this event, please contact firstname.lastname@example.org.
Support for this event is provided by the National Association of Affordable Housing Leaders. For more information on the Urban Institute’s funding principles, visit www.urban.org/fundingprinciples.