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The Federal Reserve advances supervision, community reinvestment, and research to improve understanding of the impacts of financial services policies and practices on consumers and communities.
The 1968 Fair Housing Act outlawed racially motivated redlining and tasked federal financial regulators, including the Federal Reserve, with enforcement
The Federal Reserve’s Community Development function promotes economic growth and financial stability for low- and moderate-income communities.
Community Reinvestment Act
The Federal Reserve and other federal banking agencies have implemented the CRA since its passage in 1977