Aug1

HR Update

Join us for the annual HR Seminar where you will learn the latest on topical and pressing issues impacting your organizations. The year’s topics include how to prepare for the Opioid Impact and a fresh look at current hiring and DEI measures.
Aug6

Executives@Skamania

Our 2024 Annual Executive Event brings together executive-level credit union leaders for three days of valuable networking, high-level training and education, and fun recreational options.
Aug20

Q3 Small Credit Union Roundtable

In this session, we’ll delve into the ever-relevant topic of fraud trends with experts from Envisant, exploring effective mitigation strategies.
Aug26

Q3 CDFI Roundtable

A place to connect with other CDFIs, learn what credit unions are doing in their communities, stay current on updates and relevant changes, and discover how GoWest can support you on your CDFI journey.

Brittanie Bonanzino

AVP, Communications

Washington

Alyse Headshot

Alyse Knudsen

Manager, Communications

Oregon

Home » Advocacy On The Move »

New Version of Warren-Cleaver Housing Legislation Not Expected to Include CRA

Posted by on June 28, 2024

The GoWest federal advocacy team has learned that Senator Elizabeth Warren (D-MA) and Rep. Emanuel Cleaver (R-MO-5) will be introducing a revamped version of the American Housing and Economic Mobility Act, without the inclusion of Community Reinvestment Act (CRA) requirements for credit unions. We brought this legislation to your attention a few weeks ago regarding the possible inclusion of CRA for credit unions and wanted to make sure you are up to date on this positive development.  

Thanks to the collective advocacy of GoWest credit unions, the advocacy teams at GoWest, and our league and national partners, we are happy to report that the pressure brought to bear from our movement persuaded key congressional leaders to push back on the inclusion of CRA for credit unions in the bill. That pressure along with our advocacy resulted in the removal of the CRA language altogether.  

Again, we will closely monitor this legislation as it rolls out and will stay close to the discussion around CRA for credit unions, where that pressure or theme is resonating from, and gaining traction. We will keep you closely informed if the landscape changes and if additional credit union advocacy is needed.  

Posted in Advocacy on the Move, Federal Advocacy.