The federal bank and thrift regulatory agencies have requested public comment on a series of new and revised interagency questions and answers pertaining to the Community Reinvestment Act (CRA).
The agencies are proposing new questions and answers as well as substantive and technical revisions to the existing material. Many of the proposed revisions update existing guidance to reflect terminology changes made by the U.S. Office of Management and Budget and the U.S. Census Bureau or to reflect recent changes in the agencies' CRA regulations.
The agencies have invited comment on the proposed changes to the interagency questions and answers and, more generally, on other issues raised by the CRA.
See the Board's press release for full details