OCC Docket ID OCC-2025-0005 (Joint Proposal to Rescind 2023 Community Reinvestment Act Final Rule)

August 19, 2025

The African American Alliance of CDFI CEOs (the Alliance) is a national coalition of 87 Black-led Community Development Financial Institutions (CDFIs). Together, our members are committed to fostering economic stability, expanding access to credit, and building lasting wealth in Black communities. Every day, they work on the frontlines to fill the persistent capital gaps left by mainstream financial institutions, providing affordable loans and financial services where others have often fallen short. We submit this public comment in response to the federal banking agencies’ proposal to rescind the October 2023 CRA Final Rule and revert to the 1995 regulatory framework. The Alliance welcomes the opportunity to weigh in, given the far-reaching implications for how banks reinvest in communities of color. 

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