Concept information
Preferred term
Community Reinvestment Act
Definition
- The Community Reinvestment Act (CRA) was passed in 1977 as part of a wider agenda of equity and community redevelopment in the United States. The act is designed to encourage depository institutions to serve the needs of all communities by providing access to services across lending and investment. [Source: Encyclopedia of Human Services and Diversity; Community Reinvestment Act (1977)]
Broader concept
Belongs to group
Date
- 1977
URI
https://concepts.sagepub.com/social-science/concept/Community_Reinvestment_Act
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