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Difficulties in Evaluating the Effectiveness of the Community Reinvestment Act of 1977

OCE-86-1 Published: Nov 04, 1985. Publicly Released: Nov 04, 1985.
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Highlights

In response to a congressional request, GAO tried to perform an evaluation of the effectiveness, economic efficiency, and equity of the Community Reinvestment Act (CRA).

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Full Report (16 pages)

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Topics

Economic Development
Community development programsDiscriminationEconomic analysisInterest ratesLending institutionsMortgage programsProgram evaluationRegulatory agenciesFinancial institutionsCommunity reinvestment