CRA Credits for Brownfields Redevelopment

Did you know that your local financial institutions can receive Community Reinvestment Act (CRA) credit for investing in economic and community development projects projects that include the cleanup of contaminated industrial sites (brownfields)? You may find the Federal Reserve Bank of Cleveland's report on the subject to be of interest. Click here to download it.

Also, the Fed is hosting an interesting conference on June 11th on "market-based incentives for community development." Click here to learn more.