Community Reinvestment Act A part of the Housing and Community Development Act passed in 1977. The purpose of the act is to prevent the practice of redlining and disinvestment by lenders in certain areas of a city.
Community Reinvestment Act A part of the Housing and Community Development Act passed in 1977. The purpose of the act is to prevent the practice of redlining and disinvestment by lenders in certain areas of a city.