April is a significant month for affordable housing. As we celebrate the 50th anniversary of the Fair Housing Act, we are reminded that while this landmark civil rights legislation put to right many wrongs, there is still so much to do before we can say that
everyone in our nation, everyone in
our neighborhood, has access to decent, clean and affordable housing.
Helping us on that journey to universal housing equality is t
he Community Reinvestment Act (CRA). Passed in the 1970s to combat lending discrimination, the Act affirms the abiding principle that banks must serve the communities in which they do business. And this includes every community and all income levels in that community.
We are so fortunate that the lending institutions in our community faithfully enact the CRA through their generous partnerships in our affordable housing developments. Without them, it would just not be possible to serve the "convenience and needs" of all of our neighbors, in particular those who struggle daily to simply put a roof over their heads.
Once again as I write this, I am in Washington D.C. As I walk past our founding principles of equality and justice made architecturally manifest in marble, the pride I feel to be in service to our mission is indescribable. Thank you for your continued support, thank you for having a heart for housing and everyone of our neighbors.