NCSHA Comments on Federal Banking Regulators’ Review of CRA Regulations
On October 22, 2025, NCSHA sent the attached comments to the federal banking regulators — the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency — in response to their review of Community Reinvestment Act (CRA) regulations conducted under the Economic Growth and Regulatory Paperwork Reduction Act. In the letter, NCSHA stresses that regulatory certainty is critical to ensure CRA meets its vital mission. To this end, NCSHA urges the agencies to quickly finalize their July 2025 proposed rule to rescind their 2023 rule to overhaul the CRA regulations, which is facing legal challenges, and return to the previous CRA framework.
