Agencies Release 2016 CRA Data on Small Business, Community Development Lending
The federal banking agencies today released 2016 Community Reinvestment Act Data on small business, small farm and community development lending.
Tag: Community development
Fannie, Freddie to Return to LIHTC Market
Fannie Mae and Freddie Mac will be allowed “limited re-entry” as equity investors in the market for low-income housing tax ...
Pitching In to Serve
Meet Ken Burgess, a quiet but determined advocate for America’s banks.
Bankers Tour South Side Chicago Community Development Efforts
More than 125 bankers today toured two Chicago neighborhoods whose redevelopment is being led by coalitions of banks, municipal groups ...
Federal Home Loan Banks’ Affordable Housing Funds Up 15 Percent in 2016
The Federal Home Loan Banks awarded approximately $368.9 million in affordable housing program funds in 2016, a 15 percent increase ...
Treasury Announces FY 2017 Bank Enterprise Award Funding
The Treasury Department’s Community Development Financial Institutions Fund is announcing $23 million in funding for the fiscal year 2017 Bank ...
Six Banks to Receive Community Commitment Awards
The ABA Foundation has recognized six banks for their outstanding commitment to their communities.
Alabama Bank CEO Named to Community Development Advisory Board
Bob Jones, president and CEO of United Bank in Atmore, Ala., has been appointed by President Trump to serve a ...
House Bill Introduced to Support Minority-Owned Banks
A group of three Democratic lawmakers -- Reps. Gregory Meeks (D-N.Y.), Joyce Beatty (D-Ohio) and Dwight Evans (D-Pa.) -- yesterday ...
OCC Issues Guidance on Programs for Home Loans with Over 100 Percent LTV
Noting that in many communities persistently depressed home prices are hindering recovery, the OCC today issued guidance for OCC-regulated banks ...
