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A CRA To Meet the Challenge of Climate Change - Center for American Progress


A CRA To Meet the Challenge of Climate Change
Advancing the Fight Against Environmental Racism
Getty/Thomas B. Shea/AFP
A car gets towed while men walk in floodwaters on a road in Houston, August 2017, in the wake of Hurricane Harvey.
Julia Cusick
Introduction and summary
A federal law passed more than 40 years ago to address the discriminatory practice of redlining in low-income neighborhoods and communities of color can and should be modernized to address other systemic racism-fueled inequities. These inequities, including the disproportionate exposure to environmental hazards and climate-related challenges, have been exacerbated by the coronavirus pandemic.
The Community Reinvestment Act (CRA) was enacted in 1977 to combat redlining the practice of systematically denying mortgages and other financial services to communities based on their racial makeup and other forms of racial discrimination in lending. The CRA should be updated to spur lending, ....

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RELEASE: CAP Outlines Blueprint To Address Climate Resilience and Environmental Racism in Low-Income Communities of Color


RELEASE: CAP Outlines Blueprint To Address Climate Resilience and Environmental Racism in Low-Income Communities of Color
Date: December 17, 2020
Contact: Julia Cusick
Washington, D.C. A new report from the Center for American Progress outlines a new framework to restructure the Community Reinvestment Act (CRA) to address environmental racism and build climate resilience in low-income communities of color. The CRA was enacted in 1977 to combat redlining and other forms of discriminatory lending but did not factor in environmental criteria. Since then, it has become increasingly clear that climate change has disproportionately impacted the health and economic futures of low-income communities of color. ....

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