February 10, 2021
Bank On Washington Morning Coffee Presentation
Date: Tuesday, February 23, 2021
Time: 10:30 a.m. – 11:30 a.m. PT
Location: Virtual – Zoom
Topic: Community Reinvestment Act (CRA) Overview
Our morning Coffee Hour presentation will focus on the awareness and education of community-based organizations (CBO) and municipalities in understanding the Community Reinvestment Act (CRA) and further creating engagement pathways between the CBO and banking communities.
The presentation will offer suggestions for formulating ideas and strategies for crafting projects and initiatives that comply with CRA and address CRA’s goals and mission relative to specific communities. It will also serve as a supplement to Bank On activities and holistic solutions that are community-based, with financial institutions and stakeholders working together.
- To provide CBOs and Municipalities increased awareness on the history, intent, and application of the CRA.
- Reveal the potential and constraints in the new CRA rules.
- To share the potential roles of CBOs and opportunities to work with banks to further the mission of CRA
- To explore how Bank On activity work initiates next level inclusion within the financial mainstream.
Meet Your Presenters:
Frank Woodruff, Executive Director, National Alliance of Community Development Associations (NACEDA)
Frank joined the NACEDA in September 2010, becoming executive director in January 2012. He is dedicated to addressing the challenges and opportunities facing our country’s low- and moderate-income communities.
Frank holds an Executive Education Certificate from the Harvard Kennedy School of Government, an MA in public policy from George Washington University, and a BA from the University of Wisconsin-Madison.
His publications include The Mortgage Interest Deduction: An Example of Upside-Down Federal Government Housing Subsidy,Transforming Community Development through Arts and Culture: State Policy Innovations to Support Creative Placemaking published in the Community Development Innovation Review of the Federal Reserve Bank of San Francisco. He co-authored two essays entitled “Redlining,” published in The American Middle Class: An Economic Encyclopedia of Progress and Poverty in The Wiley-Blackwell Encyclopedia of Urban and Regional Studies.
Mallory Van Abbema, Policy and Advocacy Manager, Housing Development Consortium
Mallory brings her experience in direct social services, advocacy, and community organizing to her role as Policy & Advocacy Manager at the Housing Development Consortium of Seattle-King County. In this role, she works alongside community partners, HDC members, and the public to support jurisdictions across King County as they work to meet the affordable housing needs of all residents, regardless of household income.
Mallory holds a BA & MA in Social Work with a focus on Administration & Policy Practice from the University of Washington.