The federal bank regulatory agencies today announced they are extending the period for giving favorable consideration under their Community Reinvestment Act (CRA) regulations to institutions located outside of Puerto Rico and the U.S. Virgin Islands, for bank activities that continue to help revitalize or stabilize these areas devastated by Hurricane Maria. The agencies have determined that a 36-month extension through September 20, 2026 is appropriate given the continuing economic impact of Hurricane Maria from September 2017 in Puerto Rico and the U.

https://www.miragenews.com/fed-reserve-extends-cra-benefits-to-hurricane-1088750/

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