Community Reinvestment Act 2025 Notice of Proposed Rulemaking
The Community Reinvestment Act, or CRA, was signed into law in 1977 and is a seminal piece of legislation to address inequities in access to credit for low- and moderate-income individuals and communities. The Board, the FDIC, and the OCC have adopted substantially similar regulations implementing the CRA.
On July 16, 2025, the Board, FDIC, and the OCC issued a joint notice of proposed rulemaking to amend their CRA regulations by rescinding the CRA rule issued in October 2023 and replacing it with the 1995 CRA regulations. The October 2023 rule is currently subject to legal action and the Board continues to apply the 1995 CRA regulations.
Press release
July 16, 2025
Agencies issue joint proposal to rescind 2023 Community Reinvestment Act final rule
- Federal Register notice
- Issued Version: Federal Register notice (PDF)
Board memo
July 16, 2025
Board Memo on Notice of Proposed Rulemaking – Community Reinvestment Act (Regulation BB) (PDF)
Comments on the Proposal
Comments are due 30 days after publication in the Federal Register. View comments on the proposal here.