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Title : Sign-On Letter to Modernize CRA	Date Posted : July 13, 2010
The National Community Reinvestment Coalition (NCRC) is advocating for legislation that will update and expand the CRA broadly throughout the financial industry. As part of that campaign, they are circulating a sign-on letter to urge Chairman Barney Frank of the House Financial Services Committee to introduce and pass a CRA expansion bill. Download the letter to Rep. Frank via the link at the end of this article.) NCRC believes that now is the time to pass legislation to update this vital law so that other parts of the financial industry will be required to invest in our communities. Rep. Frank has informed his colleagues and community advocates that CRA expansion will become a high priority once the financial regulatory reform bill has passed. Now is the time to remind him that CRA is the next priority. Please let NCRC know by Friday, July 16, if your organization will sign-on. Send an email to: Josh Silver, Vice President of Research and Policy, at jsilver@ncrc.org or me (Ed Gorman, Chief Membership and Workforce Officer), at egorman@ncrc.org. As part of this campaign, NCRC is also encouraging people to participate in upcoming federal hearings on CRA reform. More info about the hearings is available at: http://housingalliancepa.org/news/view.php?news_id=820. For more info on NCRC's campaign, visit their website at: www.ncrc.org
	Download: Frank CRA Leg Sign-on Letter.pdf
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