On April 7, 2022, the OCC published the latest edition of its Community Developments Investments newsletter, “Partners in Recovery: Community Reinvestment and Resilience.” This edition of Community Developments Investments discusses how banks and community development financial institutions can work together to help rebuild communities that have been affected by the COVID-19 pandemic and natural disasters.
According to the OCC’s release, the newsletter explains three federal emergency programs that have provided loans, grants, and other resources for low- and moderate-income and minority communities and businesses recovering from the disproportionate effects of the pandemic. It also highlights bank-community partnerships that have helped communities rebuild following disasters and the pandemic.
Read the OCC’s full press release here.
The newsletter can be found here.