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Last Updated: 2/4/2021

Strengthening the Community Reinvestment Act to Advance Financial Inclusion and Equity

The CRA encourages banks and communities to work together to create opportunity and address the needs of low- and moderate-income areas. As regulators consider the first major update to the CRA in 25 years, it is vital to foster dialogue around the law’s impact and how it can be strengthened further.

Community development staff from the Federal Reserve Bank of Chicago will review key elements of a recent Federal Reserve proposal for reforming the CRA, and will highlight questions for public feedback. A panel of community development experts will then share their views on how the CRA could be strengthened to further the law’s core purpose of addressing systemic credit inequities. A Q&A session will follow the panel discussion.

Transcript

Speakers

Taz George

Taz George

Associate Program Lead
Federal Reserve Bank of Chicago

Moderator

Jane Dokko

Jane Dokko

Vice President
Federal Reserve Bank of Chicago

Opening Remarks

Jason Keller

Jason Keller

Senior Advisor
Federal Reserve Bank of Chicago

Presenter

Oscar Perry Abello

Oscar Perry Abello

Senior Economics Correspondent
Next City

Panelist

Horacio Mendez

Horacio Mendez

President and CEO
Woodstock Institute

Panelist

Erica King

Erica King

President
Chicago Neighborhood Initiatives
Micro Finance Group

Panelist

Ellen Seidman

Ellen Seidman

Nonresident Fellow
Urban Institute

Panelist

Robert Tucker

Robert Tucker

Chief Operating Officer and Executive Vice President of Programs
Chicago Community Loan Fund

Panelist

Event Information
Date
02/04/21
Registration Deadline
Wednesday, February 3, 2021
Location

Virtual

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