It seems that there is a global norm for hurdle rates somewhere around the 13 to 14 per cent mark and it is hard to shift this norm, even at record low interest rates. https://www.rba.gov.au/speeches/2019/sp-gov-2019-10-29.html  11/18  10/30/2019  Some Echoes of Melville | Speeches | RBA  Graph 8  There are a couple of possible explanations for this.
We know that you serve many of these same individuals and communities, and we are asking our Community Development staff around the country to reach out to you to gather your perspectives on the communities you serve to identify emerging issues of which we should be aware. In closing, your institutions are important to the American economy and our understanding of that economy.