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Interagency Forum on Broadband Access and Financial Institutions in Rural California

August 2 @ 11:30 am - 1:00 pm

High-speed broadband access is a critical requirement for participation in the modern world and with infrastructure money coming from the federal, state, and local level, the following question arises: How can banks, community groups, and financial regulators plan for providing communities with funding and technical assistance to implement sufficient, accessible broadband services? Join the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and California Reinvestment Coalition on August 2 for a community development forum to learn about opportunities for partnership and funding mechanisms to expand broadband services and advance digital equity in rural California. Topics include:

  • the challenges broadband presents in communities and solutions implemented by California-based groups;
  • examples of financial institutions’ current initiatives supporting broadband access; and
  • ways to receive Community Reinvestment Act (CRA) credit through a myriad of lending, investment, and service opportunities.
Earlier this month, federal regulators issued joint proposed regulations for updating requirements under the CRA. We now have an opportunity to deliver important feedback on these proposed changes that will hopefully put an end to lending discrimination as it exists today.
Hosted by the Federal Reserve Bank of San Francisco, the FDIC, and the OCC, in collaboration with the California Reinvestment Coalition.

Details

Date:
August 2
Time:
11:30 am - 1:00 pm

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