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SEIA Comments on the Community Reinvestment Act

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The Community Reinvestment Act (CRA) directs regulated banks to serve low- and moderate-income (LMI) communities and is an important legislative tool for catalyzing local investment and lending sources in these communities.

In comments submitted on August 4, 2022, the Solar Energy Industries Association urges banking regulators to expand use of the CRA to include financing support for solar and storage projects of all sizes. This will help increase credit access, lower emissions and create more jobs and business opportunities in communities that are disproportionately affected by climate change.

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