09/13/2026
A proposed change from federal bank regulators would adjust the asset thresholds that determine a bank’s obligations under the Community Reinvestment Act, which requires banks to affirmatively meet the service needs of their community
Counties frequently rely on partnerships with banks to finance local priorities. As federal regulators consider changes to the CRA framework, counties should assess how local banks currently support affordable housing, small business and economic development projects and consider how the proposed changes could affect these partnerships.
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