Implementation of the CRA by these financial supervisory agencies is enacted by Title 12 of the Code of Federal Regulations (CFR); Parts 25, 228, 345, and 563e with the addition of Part 203 as it relates to sections of the Home Mortgage Disclosure Act (HMDA).
https://en.wikipedia.org/wiki/Community_Reinvestment_Act
In that period, the total number of loans to poorer Americans by CRA-eligible institutions rose by 39% while loans to wealthier individuals by CRA-covered institutions rose by 17%. The share of total US lending to low and medium income borrowers rose from 25% in 1993 to 28% in 1998 as a consequence.
https://en.wikipedia.org/wiki/Community_Reinvestment_Act
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.
https://en.wikipedia.org/wiki/Community_Reinvestment_Act
A bank, for example, reports a line of credit as a loan origination in the small business data. Each year, a bank can report one refinancing or renewal of a previous loan or line of credit as a new small business loan.
http://www.ncrc.org/programs-a-services-mainmenu-109/policy-and-legislation-mainmenu-110/the-community-reinvestment-act-mainmenu-80/the-cra-small-business-data-mainmenu-123
Renewals, Refinancings, and Lines of Credit. A renewal of a small business loan is extending the maturity of the loan. A refinancing is replacing the original loan with a new loan that may have a lower interest rate. A line of credit is a specified dollar amount that a customer can borrow.
http://www.ncrc.org/programs-a-services-mainmenu-109/policy-and-legislation-mainmenu-110/the-community-reinvestment-act-mainmenu-80/the-cra-small-business-data-mainmenu-123
In the early years of CRA, community activists, lenders, and regulators focused on home lending activity. This was partly because HMDA data was available and because neighborhood organizing usually started with the issues of housing, crime prevention, and other community empowerment endeavors.
http://www.ncrc.org/programs-a-services-mainmenu-109/policy-and-legislation-mainmenu-110/the-community-reinvestment-act-mainmenu-80/the-cra-small-business-data-mainmenu-123
The CRA regulations also require that lenders release their aggregate community development lending data. This is data on the number and dollar amounts of community development loans for social service facilities, economic development projects, and affordable housing initiatives.
http://www.ncrc.org/programs-a-services-mainmenu-109/policy-and-legislation-mainmenu-110/the-community-reinvestment-act-mainmenu-80/the-cra-small-business-data-mainmenu-123
The new CRA regulations mandated that banks and thrifts release data on small business, small farm, and community development lending activity starting with the 1996 data.
http://www.ncrc.org/programs-a-services-mainmenu-109/policy-and-legislation-mainmenu-110/the-community-reinvestment-act-mainmenu-80/the-cra-small-business-data-mainmenu-123
The Community Reinvestment Act (CRA) is a law intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low-and moderate-income (LMI) neighborhoods, consistent with safe and sound banking operations.
http://www.fdic.gov/regulations/resources/director/presentations/CRA.pdf
1 Revisiting the CRA: Perspectives & Policy Discussion on the Community Reinvestment Act, a joint publication by the Federal Reserve Banks of Boston and San Francisco, Federal Reserve System. 2  Researchers, regulators, bankers, nonprofit practitioners, and community advocates contributing. 3  Published: February 2009.
https://en.wikipedia.org/wiki/Community_Reinvestment_Act
what is cra credit
The Community Reinvestment Act credit is a law intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low-and moderate-income neighborhoods, consistent with safe and sound banking operations. A law intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low-and moderate-income (LMI) neighbourhoods, consistent with safe and sound banking operations is call CRA credit.