The Community Reinvestment Act (CRA) remains a driving force behind private sector investment in underserved communities, including Cinnaire’s work to raise capital through equity investments and lending. The CRA has fundamentally been successful at increasing the level of bank activity that serves low- to moderate-income (LMI) communities and has been essential to the success of the Low Income Housing Tax Credit program, the New Markets Tax Credit program, and the growth of CDFI activities and partnerships in underserved communities.
