Community Reinvestment Act Information

The Community Reinvestment Act (CRA) was enacted by Congress in 1977.The CRA encourages banks and other financial institutions to help meet the needs of their communities for housing and other purposes, particularly in neighborhoods with low or moderate incomes, while maintaining safe and sound operations. IHFA issues bonds and other financial instruments to provide affordable housing opportunities throughout the State of Idaho for individuals with low and moderate incomes. Certain IHFA bonds and financial instruments may qualify as CRA investment opportunities. Please refer to Future Investment Opportunities for a listing of anticipated future issues.

The information presented on this site is not a solicitation to sell, but rather a posting of potential qualifying CRA investment opportunities. This information has not been reviewed by the Federal Reserve Bank or its counsel for accuracy or CRA applicability. Neither the CRA eligibility or the acquisition of any of the posted investments may be appropriate for your institution. The CRA eligibility, if any, should be reviewed by your CRA officer and counsel. The appropriateness of any such investment should also be reviewed by your financial advisor. Even if such investment meets CRA criteria within the State of Idaho, the CRA credit, if any, may vary from institution to institution within the state. For further clarification on CRA qualifying investment applicability for financial institutions, please contact the Federal Reserve Bank’s Idaho Community Affairs Advisor, Craig Nolte at 206-343-3761 or email him at craig.nolte@sf.frb.org.

Link to more CRA Qualified Investment Information