What Community Development really means under CRA

Community Development is an important performance requirement for Large Banks and Intermediate-Small banks' performance under CRA. But it is frequently misunderstood because it has a highly technical definition. In this podcast, CRA Expert Len Suzio covers the different technical meanings and precise definitions of Community Development as it is applied for CRA purposes. What exactly is "affordable housing", "community services", "economic development", and "revitalization/stabilization" under CRA? To find out the details listen to this podcast featuring noted CRA expert Len Suzio

 

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