6 United States Census Bureau, American Community Survey (2019 ACS 1-year estimates, Table: B25074), https://data.census.gov/cedsci/all?q=ACS%20Table%20B25074,%201year%20data%20for%202019. 7 See United States Census Bureau, American Community Survey in note 6. 5  -4equity. Here too, CRA plays a role, not only in providing incentives for the provision of affordable housing, but also in encouraging access to credit for homeownership for LMI households and communities.
Indeed, mortgage lending has long been at the center of evaluating CRA performance. The challenges facing LMI and minority renters and would-be homeowners underscore the importance of getting CRA modernization right. The Federal Reserve Board unanimously voted to approve an Advance Notice of Proposed Rulemaking (ANPR) about CRA modernization on September 21, 2020.