Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies - Circulars

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Circular

Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies

June 9, 2009

Circular No. 12104

The federal bank and thrift regulatory agencies have announced the availability of the 2009 list of distressed or underserved nonmetropolitan middle-income geographies in which revitalization or stabilization activities will receive Community Reinvestment Act consideration as "community development."

"Distressed nonmetropolitan middle-income geographies" and "underserved nonmetropolitan middle-income geographies" are designated by the agencies in accordance with their CRA regulations.

As with past releases, the 2009 list will incorporate a one-year lag period for geographies designated as distressed or underserved in 2008, but not designated as such in the 2009 release.

See the press release for full details.

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