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Community Reinvestment Act Consideration for Gulf Coast Disaster Area Activities

 

Feb 23 - The areas designated major disaster areas by the Federal Emergency Management Agency in 2005 following Hurricanes Katrina and Rita continue to be so designated and to demonstrate significant revitalization and recovery needs. To continue to support community development, the FDIC, along with the other federal banking agencies, is extending CRA consideration for community development loans, investments and services that help revitalize or stabilize those disaster areas through 2014.

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