{"id":291221,"date":"2026-08-04T16:08:51","date_gmt":"2026-08-04T20:08:51","guid":{"rendered":"https:\/\/ncrc.org\/?p=291221"},"modified":"2026-08-04T16:08:56","modified_gmt":"2026-08-04T20:08:56","slug":"occ-fdic-propose-another-cra-revamp","status":"publish","type":"post","link":"https:\/\/ncrc.org\/occ-fdic-propose-another-cra-revamp\/","title":{"rendered":"OCC, FDIC propose another CRA revamp"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">August 3, 2026, BankingDive, <a href=\"https:\/\/www.bankingdive.com\/news\/cra-update-occ-fdic-no-fed-anti-redlining\/826847\/\" target=\"_blank\" rel=\"noopener\">OCC, FDIC Propose Another CRA Revamp<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a statement Friday, Jesse Van Tol, CEO of the&nbsp;<a href=\"https:\/\/ncrc.org\/new-cra-proposal-is-an-assault-on-working-class-communities\/\">National Community Reinvestment Coalition<\/a>, an advocacy group, said the proposal \u201cdramatically weakens banks\u2019 obligations to invest in working-class communities and threatens to undermine\u201d affordable housing measures put into law just two weeks ago.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cBank capital drives the creation of affordable housing in this country, and they do it because of CRA,\u201d Van Tol said. \u201cNow hundreds of banks won\u2019t have the obligation to do so, and hundreds more will have a weaker requirement, which will further deepen our housing crisis.\u201d&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>August 3, 2026, BankingDive, OCC, FDIC Propose Another CRA Revamp In a statement Friday, Jesse Van Tol, CEO of the&nbsp;National Community Reinvestment Coalition, an advocacy group, said the proposal \u201cdramatically weakens banks\u2019 obligations to invest in working-class communities and threatens to undermine\u201d affordable housing measures put into law just two weeks ago. \u201cBank capital drives [&hellip;]<\/p>\n","protected":false},"author":4662,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"content-type":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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3, 2026, BankingDive, OCC, FDIC Propose Another CRA Revamp In a statement Friday, Jesse Van Tol, CEO of the&nbsp;National Community Reinvestment Coalition, an advocacy group, said the proposal \u201cdramatically weakens banks\u2019 obligations to invest in working-class communities and threatens to undermine\u201d affordable housing measures put into law just two weeks ago. \u201cBank capital 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