NACEDA Action Alert

Protect CRA Investment in Low-Income Communities

Submit your comment by the APRIL 8 DEADLINE!

Proposed changes to the Community Reinvestment Act (CRA) would divert billions of dollars from affordable housing, small businesses, and economic development in low- and moderate-income communities. 


  1. NACEDA's sample comment letter is tailored for the community development field.
  2. NACEDA's quick comment letter makes it easy for community developers to submit comments. 
  3. NCRC's custom comment letter tool is not just for people in the community development field. Click on "Take Action" in the toolbar to find the custom comment tool.

The number of comments really matters! Urge everyone you know who cares about economic health, wealth, and justice in low and moderate-income communities to submit a comment by April 8. 

The NACEDA Network Speaks Out

Calls to Cease Non-Coronavirus rulemaking grow louder
American Banker article
quoting NACEDA letter signed by 32 state and regional community development associations plus other calls to halt the CRA rulemaking process

Questionable Reforms To A Law Ensuring Banks Do Right By Low-Income Neighborhoods Are Moving Forward Amid The COVID-19 Pandemic
Blavity article featuring Nate Coffman of the Ohio CDC Association and Bill Faith of Coalition on Homelessness and Housing in Ohio

New federal CRA proposal could mark return of redlining in Hartford
Hartford Business Journal op-ed by Rex Fowler, CEO of Hartford Community Loan Fund

Hospitals Take Note—An important source of funding to address the social determinants of health may be disappearing
Build Healthy Places Network blog

Civil rights and housing advocates warn proposed change to federal law could spell the return of redlining 
Cleveland Plain Dealer article featuring Nate Coffman of the Ohio CDC Association, Chris Alvarado of Slavic Village Development and Bill Faith of Coalition on Homelessness and Housing in Ohio

Proposed changes would slow progress toward equitable lending in minority communities
MinnPost Op-Ed by Jim Roth of the Metropolitan Consortium of Community Developers, Nasibu Sareva of the African Development Center, and Kathy Wetzel-Mastel of PRG 

Rule change could allow redlining to resume
The Columbus Dispatch Op-Ed by Nate Coffman of the Ohio CDC Association

Changes to Community Reinvestment Act will return us to redlining
Houston Chronicle Op-Ed
by Lori Pampilo Harris of the Houston Housing Collaborative

Fearing proposed changes to community lending regulations would re-legalize redlining
NJ Spotlight Op-Ed
by Staci Berger of Housing and Community Development Network of New Jersey and John Restrepo of Garden State Episcopal Community Development Corporation

Redlining would be relegalized by CRA reform proposal
Shelterforce article by Frank Woodruff of the National Alliance of Community Economic Development Associations | January 9, 2020

Top Regulators Speak Out

FDIC Board Member Martin J. Gruenberg

"The proposal undermines what has been a core strength of CRA for 40 years – the encouragement of bank engagement and dialogue with stakeholders in local communities to understand and better serve historically underserved areas. Taken together, this proposal would fundamentally undermine and weaken the Community Reinvestment Act." Full statement

Federal Reserve Governor Lael Brainard

"An approach that combines all activity together runs the risk of encouraging some institutions to meet expectations primarily through a few large community development loans or investments rather than meeting local needs ... Given that reforms to the CRA regulations are likely to set expectations for a few decades, it is more important to get the reforms done right than to do them quickly." Full remarks

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