The Community Reinvestment Act and the Creative Economy

The Community Reinvestment Act (CRA) plays a central role in encouraging financial institutions to provide adequate investment, credit, and services to low- and moderate-income communities. Increasingly, this work has moved beyond affordable housing to include creative places and businesses. The Community Reinvestment Act and the Creative Economy provides important research about how to use CRA to support creative places and businesses as part of comprehensive community development. This Open Source Solutions paper highlights examples of CRA-qualifying activities across the country.

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