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What percentage who bought houses because this act that gave them affordable have defaulted on their paymnets?

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The purpose was to reduce discriminatory practices against low-income neighborhoods.

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Q: What is the Community Investment Act of 1977?
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Related questions

Did the Community Reinforcement Act of 1977 force banks to give people loans that could not afford them?


What regualtes investment companies?

Investment companies operating mutual funds are regulated by the Securities and Exchange Act of 1934 and the Investment Company Act of 1940

What is the opposite of investment?

The opposite act to investment (investing) is divestiture (divesting).

How entrepreneu investment satisfy community needs?

how does entrepreneu satisfy community needs

When was Valencian Community created?

Valencian Community was created in 1977.

What are the release dates for Catch Hollywood in the Act - 1977 TV?

Catch Hollywood in the Act - 1977 TV was released on: USA: 1977

What is promoted by the Community Reinvestment Act?

These laws include the Community Reinvestment Act, which promotes community credit needs.

What is Enterprise State Community College's motto?

Enterprise State Community College's motto is 'Your Investment in Excellence'.

When was Guam Community College created?

Guam Community College was created in 1977.

When was Rushden Community College created?

Rushden Community College was created in 1977.

When was the Workforce Investment Act passed?

The Workforce Investment Act is an act which replaces the Job Training Partnership Act. The main focus is federal development of work initiatives to promote jobs so as to stimulate economic growth. The Act was originally passed on August 7, 1998.

What is the Glass Steagall Act?

The Glass Steagall Act is a way to separate investment and commercial banking activities from overzealous commercial bank involvement in Stock Market investment. Which was deemed for the financial crash.