The OCC’s Community Developments Insights newsletter published today focuses on how banks can support the market for small multifamily rental housing. The newsletter explores how affordable housing qualifies for Community Reinvestment Act consideration, how banks can work together to finance affordable multifamily housing through consortiums, how secondary market options work, how to overcome underwriting challenges and other topics.
Report: Republicans push back against proposed cuts to CDFI Fund
Several congressional Republicans say they do not support a proposal by President Trump to redirect funds away from the CDFI Fund.