An official website of the United States government
Share This Page:
Community Development supports the OCC's mission to ensure a vibrant banking system by helping OCC-supervised banks to be leaders in providing safe and sound community development financing and making financial services accessible to underserved communities and consumers, while treating their customers fairly.
Community Development develops publications to support this goal, in addition to
The Office of the Comptroller of the Currency's (OCC) Financial Literacy Digest is a quarterly e-newsletter that reports upcoming events, new initiatives, and related resources from the OCC and other government agencies and organizations.
This Insights report provides an overview of the U.S. Department of Agriculture's (USDA) Business and Industry (B&I) Guaranteed Loan Program, which guarantees a portion of loans made by banks and other approved lenders to finance eligible rural businesses. This guarantee helps credit-worthy businesses in rural areas obtain financing with the intent of saving and growing jobs in rural America. Loans guaranteed through the B&I program may be eligible for Community Reinvestment Act (CRA) consideration.
This Community Developments Fact Sheet describes the earned income tax credit (EITC) and provides examples of what national bank and federal savings associations (collectively, banks) can do to promote EITC awareness. Some of the EITC-related bank activities, may be eligible to receive Community Reinvestment Act consideration.
The Historic Tax Credit (HTC) is an important tool in revitalizing Main Street and expanding the supply of affordable housing. This Insights report describes how the HTC program works, including alternative transaction structures, and outlines key regulatory considerations for banks participating in the program.
This Community Developments Fact Sheet summarizes key facts of the Federal Home Loan Bank Government Mortgage-Backed Security (MBS) Program. This fact sheet explains how banks that originate mortgages on a smaller scale can obtain the liquidity, a reliable secondary market conduit, and operational support that come from a Government National Mortgage Association (Ginnie Mae) MBS.
