Johnson added that CBA “firmly believes that any new CRA rule should be finalized with the intention of establishing a durable regime with objective approaches grounded in statute that will last through administration shifts.” Stricter grantsA central point of contention is how the proposal treats community development (CD) grants and operating support. The FDIC and OCC want to tighten CRA credit so that dollars are more clearly tied to projects where community development is the primary purpose. The new proposal represents a sharp pivot from the broad CRA modernization rule the FDIC, OCC and Federal Reserve finalized in October 2023. That rule sought to overhaul assessment areas to reflect digital delivery channels, introduce new retail lending and community development tests, and standardize metrics across agencies.