A federal law known as the Community Reinvestment Act (CRA) requires banks to report annually by Census Tract how much money they lend for community development projects. The CRA encourages banks to target community development lending in low-income and moderate income Census Tracts to strengthen community development in those areas. Community development projects include community services, affordable housing, small business development, farm lending, and other community development initiatives.
Ganning, Joanna, "Focus on Facts: Community Development Lending by Banks in Cuyahoga County, 2015" (2017). Urban Publications. 0 1 2 3 1451.