Organizations with projects deemed eligible under the Community Reinvestment Act (CRA) may submit community and economic development projects through a Request for Proposal process. Organizations may submit multiple projects for consideration, but only one project per CRA specified category.

Typical issues addressed include, but are not limited to:

• Asset building/financial education
• Community facilities
• Small business development/micro lending
• Healthy neighborhoods/affordable housing
• Workforce development

The application season for parts of North Carolina, West Virginia and Virginia will open in late September.

Proposals from Maryland and Washington, D.C. also remain active in the Funders Portal and are accessible for review by potential funders.

If you have questions about this year’s process or future Investment Connection opportunities, contact us through the Investment Connection mailbox.

Banks, foundations, government entities and other financial institutions throughout the Fifth District with the capacity to invest, lend or provide services in support of CRA activities should explore our searchable database to create a customized list of funding opportunities in Maryland, the District of Columbia, and Virginia.

Pandemic Planning
Joint Statement on Community Reinvestment Act Consideration for Activities in Response to COVID-19