Investments, such as Low-Income Housing Tax Credits, are in such high demand in some areas that there is little return on investment, while it is difficult to find investors in other areas. We believe that it is important for revisions to CRA regulations to address this type of market distortion to promote more lending and investment in smaller markets within a bank's footprint.
These meetings seek to identify existing credit gaps, share promising practices, and highlight regional differences as well as national themes in credit access and technical support for small businesses. The key findings of these small business gatherings will be presented to policymakers later this summer.