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Correspondence Date: July 25, 1997 (2)

Dear [ ]:

This letter responds to your April 24, 1997 letter requesting an opinion about the applicability of the Community Reinvestment Act ("CRA") to financial institutions' investments in the [ ] (the "Fund"). As ("Agencies") promulgated substantially similar CRA regulations on May 4, 1995. In order to promote consistent interpretation of these CRA regulations, staff from all four agencies have considered your inquiry and concur in the opinions expressed in this letter.
 

Correspondence Date: July 24, 1997

Dear [ ]:

This letter responds to your inquiry dated January 27, 1997, regarding the application of the Community Reinvestment Act (CRA) regulations to a financial institution's membership fee paid to an affordable housing finance initiative called the ["Program"]. As you know, the four bank and thrift regulatory agencies have promulgated identical CRA regulations. Therefore, staff from all of the agencies have considered the issue you raised, and they concur in the opinions expressed in this letter.

Correspondence Date: May 22, 1997

Dear [ ]:

This letter responds to your March 10, 1997 letter requesting an opinion about the applicability of the Community Reinvestment Act ("CRA") to financial institutions contributions to the [ ] ("Program"). As you know, the four federal bank and thrift regulatory agencies ("Agencies")  promulgated substantially similar CRA regulations on May 4, 1995. In order to promote consistent interpretation of these CRA regulations, staff from all four agencies have considered your inquiry and concur in the opinions expressed in this letter.

Correspondence Date: March 27, 1997

Dear [ ]:

This responds to your inquiry concerning the treatment under the revised Community Reinvestment Act (CRA) regulation of a program to facilitate rental payment data being reported to credit bureau agencies. As you know, the banking and thrift regulatory agencies have developed substantively identical CRA regulations which can be found at 12 C.F.R. parts 25, 228, 345, and 563e. Therefore, staff from all of the agencies have considered the issues you raised, and they concur in the opinions expressed in this letter.

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