One reason supervisors are proposing CRE guidance at this point is that we are seeing high and rising concentrations of CRE loans relative to capital. For certain groups of banks, such as those with assets of between $ million and $ billion, average CRE concentrations are about 300 percent of total capital.
A cross-section of partners from the public, private, nonprofit, and philanthropic sectors sought to achieve this, in part, by embedding Family Resource Centers within the Lawrence Public Schools. To-date, these efforts have placed over 200 parents in new positions paying 25 percent higher wages on average than their previous jobs, with 200 more parents in the training pipeline.