Community Reinvestment Act Review Sessions

September 12-21, 2001

Session Description
The Federal financial supervisory agencies are jointly undertaking a review of the Community Reinvestment Act [CRA] regulations, in fulfillment of the commitment made to do so when the current regulation was adopted in 1995. A fundamental issue for consideration is whether any change to the regulations would be beneficial or warranted at this time.

The Office of Regional & Community Affairs at the Federal Reserve Bank of New York is hosting the sessions listed below to discuss the current CRA regulations and to get your input on the issues under consideration by the agencies.

Who Should Attend
Bankers
Representatives of community organizations
Others interested in CRA and community development

More Information
For more information, please contact:
John McAteer at (212)720-2170

In light of the terrible disaster in New York City, the CRA Review meeting scheduled for September 20, 2001 from 8:30 a.m. to 11:00 a.m. at the Federal Reserve Bank of New York has been rescheduled and relocated as follows:

9:00 - 11:30 a.m.
Hyatt Regency New Brunswick Hotel
Two Albany Street
New Brunswick, NJ 08901

We have invited regulators from Washington to attend as panelists as well as Judy Kennedy of the National Association of Affordable Housing Lenders. We look forward to seeing you there.

If you have any questions or concerns or if you cannot attend, please let us know via e-mail to connie.poniatowski@ny.frb.org or call our Buffalo office at (716) 849-5023.