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Community Redevelopment Agency Board Meeting Tuesday, May 11th, 2021 7:00 PM Immediately Following 05.11.21 City Council Meeting TO THE MEMBERS OF THE CRA BOARD OF PORT RICHEY, FLORIDA TO THE CITY

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What is what is a cra?

CRA stands for Community Reinvestment Act, it is a federal law that encourages banks and other financial institutions to meet the credit needs of their entire community, including low and moderate-income neighborhoods.

Who is required to file what is a cra?

Banks and financial institutions that meet certain criteria are required to file a CRA report.

How to fill out what is a cra?

Banks and financial institutions can fill out a CRA report by collecting and reporting on various types of data related to their lending practices and community development activities.

What is the purpose of what is a cra?

The purpose of the CRA is to ensure that banks and financial institutions are serving the credit needs of all members of the community, including those in underserved areas.

What information must be reported on what is a cra?

Information such as loan originations, denials, and the geographic distribution of loans is typically reported on a CRA report.

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