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#2217007 - 07/03/19 06:09 PM Something Going on Distressed/Underserved List?
CRAGoddess Offline
Junior Member
Joined: Nov 2001
Posts: 39
WV
Has anyone noticed anything out of the ordinary with the new list of Middle-Income CTs Designated as Distressed or Underserved?

We've noticed about six instances of census tracts that were moderate-income (and displaying as moderate-income on FFIEC), being added to the list of middle-income distressed and underserved tracts. These are new additions to the list and nothing to do with the 12 month lag time.

Is there a CT update coming soon that I don't know about? Have any of you noticed this?
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Six consecutive "Outstanding" Large Bank CRA Ratings.... and counting.

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CRA
#2217163 - 07/08/19 07:24 PM Re: Something Going on Distressed/Underserved List? CRAGoddess
mrogersfib Offline
100 Club
Joined: Aug 2018
Posts: 116
FFIEC is updated in August of every year (sometimes they are late). This usually happens when they are preparing the data for the new update and I think they get some contaminated data in their current data sets. Usually what you are seeing is tracts being slated as middle-income next data release that are distressed or undeserved.

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