This Community Developments Fact Sheet summarizes certain aspects of the Historic Tax Credit (HTC) program for national banks and federal savings associations (collectively, banks) and explains how HTCs may be used to support a bank’s affordable...

On December 13, 2019, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) announced a proposal to modernize the agencies’ regulations under the Community Reinvestment Act (CRA) that have not been...

The OCC Annual Report provides Congress with an overview of the condition of the federal banking system. The annual report discusses the OCC's strategic priorities and details agency regulatory and policy initiatives. Additionally, the report...

This fact sheet on Historic Tax Credits (HTC) was produced by the Office of the Comptroller of the Currency in July 2017.

The role of CRA in forwarding development finance initiatives is explored in this BNY Mellon Development Finance Webcast by speakers Sharon Canavan and David Black of the Office of Comptroller Currency, Laura Choi of the Federal Reserve Bank of San...

NSP compliance requirements are very similar to the Community Development Block Grant program. Several additional restrictions apply, however, to focus the program more narrowly on stabilizing areas that are seriously affected by foreclosures and...

This fact sheet from the U.S. Department of the Treasury provides an overview of USDA's Business and Industry Guaranteed Loan Program and its potential relationship with community development efforts.

This Insights report describes the New Markets Tax Credit (NMTC) Program and the major considerations banks may need to address when using the tax credits to support community and economic development activities. The report examines the primary...

This fact sheet, provided by the Office of the Comptroller of the Currency, provides an overview of the Low-Income Housing Tax Credit (LIHTC) Program. Elements include how the credits work, how they are awarded, and how LIHTC projects can provide...

The OCC released their 2012 annual report which gives an overview of the bureau, provides the Comptroller's viewpoint, gives a brief review, and details all the measures taken to ensure nominal federal currency risk.

This fact sheet from the Office of the Comptroller of the Currency discusses the USDA's Community Facilities Guaranteed Loan Program, which provides credit enhancements lenders can use to meet CRA requirements and help finance community facilities.

This fact sheet from the Office of the Comptroller of the Currency covers the New Markets Tax Credit program from the banking perspective. The document describes benefits to banks and common financial structures for the program.

This issue of Community Development Investments from the Office of the Comptroller of the Currency covers community development corporations (CDCs). Topics include tips for creating multibank CDCs, encouraging economic development, and project case...

New Markets Tax Credits are a tool to aid in community and economic development. The Comptroller of the Currency Administration of National Banks for the U.S. Department of the Treasury's <I>Community Developments Insights</I> has published a...