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Regulators Release 2023 List of Distressed, Underserved Communities

Regulators Release 2023 List of Distressed, Underserved Communities

Posted: Jun 28 2023
Federal banking regulators have released the 2023 list of distressed or underserved nonmetropolitan middle-income geographies. Distressed or underserved nonmetropolitan middle-income geographies are census tracts where revitalization or stabilization activities are eligible to receive Community Reinvestment Act consideration. The designations reflect local economic conditions, including unemployment, poverty and population changes, according to the agencies.
 
To read more, visit: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20230623a.htm
 
To view the list, visit: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230623a2.pdf
 

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