Please join us for a rescheduled National Tribal Listening Session on Community Reinvestment Act Modernization on January 21, 2021, at 2:00 p.m. CT.

The U.S. Department of the Treasury has set up a consultation call about the Emergency Rental Assistance Program (ERAP) that conflicts with our original session time of 2:00 p.m. on January 14. As part of the pandemic relief package signed into law at the end of 2020, Congress set aside $800 million in the ERAP for tribes. We understand that due to the importance of housing in Indian Country and the strain the pandemic has put on housing resources in tribal communities, our stakeholders may be interested in participating in the Treasury call, so we have decided to reschedule our listening session.

The Federal Reserve System is working to reform CRA regulations, which encourage financial institutions to meet the credit needs of the communities they serve. The Center for Indian Country Development, housed at the Minneapolis Fed, is gathering feedback from tribal nations across the U.S. to make sure that a modernized CRA is responsive to the needs of tribal nations and Indigenous people. Tribes have enormous unmet capital needs, and the COVID-19 pandemic has exacerbated an already challenging landscape for financial access in Indian Country.

Your feedback on the modernization process is essential to ensure that CRA regulations are appropriate for and in proportion to the needs of Indian Country. Please join us for this important discussion. We look forward to meeting with you at our new date and time and hearing your feedback on modernizing the CRA.

Please consider these discussion questions for the listening session: