Friday, November 20, 2009
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The Community Affairs Department supports the Federal Reserve System's economic growth objectives by promoting community development in low- and moderate-income communities and fair and impartial access to credit in underserved markets. The department works closely with financial institutions, nonprofit organizations, and government agencies on public-private partnerships that result in increased affordable housing and community and economic development. The department assists financial institutions to understand their responsibilities under the federal Community
Reinvestment Act (CRA). ![]()
New Video: Lessons From a StormUnderlines the importance of having a bank account, particularly in the aftermath of natural disasters. View the video in English on Spanish or order it online. |