Comptroller of the Currency to Co-Sponsor Community Development Workshops

WASHINGTON—The Office of the Comptroller of the Currency (OCC) will co-sponsor three community development workshops for bankers in June. These workshops will provide information to bankers on ways to participate in various community development programs and will show how participation can positively impact their bank's Community Reinvestment Act (CRA) rating. These programs are being coordinated by OCC's Community Affairs Department which offers a range of educational resources to assist national banks in structuring their CRA programs.

The first workshop will be held on June 16 in Memphis, Tennessee, and is co-sponsored by the OCC, the Office of Thrift Supervision, the Federal Reserve Bank of St. Louis, the Barret School of Banking, and the Community Development Council of Memphis. This workshop is designed to identify potential areas of collaboration between banks and community development corporations in the implementation of the Department of Housing and Urban Development's Neighborhood Stabilization Program. For registration and details regarding the event please visit: http://www.stlouisfed.org/community_development/events.

The other two events will focus on investing in Low-Income Housing Tax Credits from a community banker's perspective.

The June 23 forum will be held in Philadelphia, Pennsylvania in partnership with the Federal Reserve Bank of Philadelphia and the Federal Home Loan Bank of Pittsburgh. For location and details regarding the event, please contact ann.killian@fhlb-pgh.com.

The June 25 forum will be held in Glen Allen, Virginia in partnership with the Federal Reserve Bank of Richmond, the Virginia Bankers Association, the Federal Home Loan Bank of Atlanta, the Virginia Community Development Corporation and the Virginia Housing Development Authority.

Related Links

• OCC's Community Affairs webpage
• OCC's Insights Report "Property Disposition: Exploring Different Approaches for Preserving Affordable Housing Opportunities"
• OCC's Insights Report "Low-Income Housing Tax Credits: Affordable Housing Investment Opportunities for Banks"