Resilience and Disaster Response

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The Community Reinvestment Act (CRA) & Resilience

  • 1.  The Community Reinvestment Act (CRA) & Resilience

    Posted an hour ago
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    Here are helpful publications and an upcoming webinar on how the Community Reinvestment Act can be leveraged for resilient climate infrastructure. The CRA holds banks accountable for meeting the credit and investment needs of the communities where they operate, especially low- and moderate-income (LMI) neighborhoods. 

    Image: Community workshop with The Redress Movement in Denver, CO  | Rebuild by Design

    What's the Community Reinvestment Act and what's it got to do with extreme weather?

    Rebuild by Design's latest project Leveraging CRA for Community-Wide Infrastructure demystifies the CRA, and provides a roadmap for how community-based organizations and banks can work together to finance community-wide infrastructure before extreme weather strikes.

    Please join us on March 17th from 1-2 pm to hear from national experts on how the CRA is currently being used and where there is opportunity for investment in community-wide infrastructure. Rebuild will present our research, including a CRA Community Guide and CRA Bank Guide that show how community-based organizations and banks can utilize private investment to proactively protect communities and assets.

    Image: CRA Community Guide | Rebuild by Design

    RECOMMENDATIONS FOR COMMUNITY-BASED ORGANIZATIONS

    Community-based organizations can use the CRA Community Guide to demystify the CRA process, learn how to leverage CRA for community-wide infrastructure, and develop strategies to build relationships with financial institutions. This guide was created in collaboration with Center for Urban Pedagogy. Read the guide>>

    RECOMMENDATIONS FOR BANKS

    Banks can use the CRA Bank Guide to understand how to protect their assets from extreme weather, strategically direct their CRA investments toward projects that strengthen community-wide infrastructure in low-to-moderate communities, and receive CRA credit. Read the guide>>


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    Michael Donovan, Ph.D
    Director of Resilience and Disaster Response
    The American Institute of Architects
    Washington DC
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    Attachment(s)

    pdf
    CRA-Community-Guide.pdf   36.49 MB 1 version