1. Federal banking regulators considering change to CRA regulations
CRA Regulatory Reform
Federal banking regulators considering change to CRA regulations
Led by OCC, with participation of Fed and FDIC
Goals of reform:
clarifying what activity is eligible for CRA consideration
expanding where activity counts
creating more objective way to evaluate CRA activity
improving the transparency and timeliness of reporting
ANPR released in August 2018
NPR possible this fall

2. Objectives are widely shared but great concern potential changes
CRA Regulatory Reform
Objectives are widely shared but great concern potential changes
Regulators not unified
OCC has been advocating for single metric
Concerns about impact on Housing Credit equity markets
OCC has suggested double counting LIHTC investment
September letter from housing/community development organizations to OCC expressing concern about single metric and unified regulations
Timing of regulatory process

3. Bernie Sanders Elizabeth Warren Cory Booker Kamala Harris
Affordable Housing Proposals in Presidential Campaigns
Bernie Sanders
$1.48 trillion/10 years for HTF, $70 billion for public housing, fully fund section 8
Elizabeth Warren
$445 billion/10 years for HTF
Cory Booker
$400 billion/10 years for HTF, renters credit
Kamala Harris
$100 billion program to increase minority homeownership
Julian Castro
$400 billion/10 years for HTF, 50% increase in LIHTC, renters credit

4. Common Themes Local zoning and land use regulation
Affordable Housing Proposals in Presidential Campaigns
Common Themes
Local zoning and land use regulation
Trump Task Force
Democratic candidate support
Fair Housing Enforcement
Democratic candidates
Increase Housing Trust Fund