Fourth Quarter 2010

Federal Reserve

The CRA and the Subprime Crisis

Related Links

Avery, Robert, Raphael Bostic, and Glenn Canner. “CRA Special Lending Programs.” Federal Reserve Bulletin, November 2000, vol. 86, pp. 711-31.

Avery, Robert, Paul Calem, and Glenn Canner. “The Effects of the Community Reinvestment Act on Local Communities.” Paper presented at “Sustainable Community Development: What Works, What Doesn’t and Why,” conference sponsored by the Board of Governors of the Federal Reserve System, March 27-28, 2003.

Chakrabarti, Pabral, David Erickson, Ren S. Essene, et al, eds. Revisiting the CRA: Perspectives on the Future of the Community Reinvestment Act. Federal Reserve Banks of Boston and San Francisco, February 2009.

Laderman, Elizabeth, and Carolina Reid. “Lending in Low- and Moderate-Income Neighborhoods in California: The Performance of CRA Lending During the Subprime Meltdown.” Federal Reserve Bank of San Francisco Community Development Working Paper No. 2008-05, November 2008.

Lindsey, Lawrence B. “The CRA as a Means to Provide Public Goods.” In Revisiting the CRA: Perspectives on the Future of the Community Reinvestment Act, pp. 160-166.