Community Reinvestment Act

id: community-reinvestment-act-184-1421211
title: Community Reinvestment Act
text: The Community Reinvestment Act is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods. Congress passed the Act in 1977 to reduce discriminatory credit practices against low-income neighborhoods, a practice known as redlining. The Act instructs the appropriate federal financial supervisory agencies to encourage regulated financial insti
brand slug: wiki
category slug: encyclopedia
description: US federal law
original url: https://en.wikipedia.org/wiki/Community_Reinvestment_Act
date created: 2004-10-06T18:03:35Z
date modified: 2024-09-07T16:10:20Z
main entity: {"identifier":"Q1120654","url":"https://www.wikidata.org/entity/Q1120654"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5c/Great_Seal_of_the_United_States_%28obverse%29.svg","width":600,"height":600}
fields total: 13
integrity: 16

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