§__.41(c)(1) Other Units of Local Governments as Political Subdivisions

§__.41(c)(1) – 1

Q: Besides cities, towns, and counties, what other units of local government are political subdivisions for CRA purposes?

A1. Townships and Indian reservations are political subdivisions for CRA purposes. Institutions should be aware that the boundaries of townships and Indian reservations may not be consistent with the boundaries of the census tracts (i.e., geographies) in the area. In these cases, institutions must ensure that their assessment area(s) consists only of whole geographies by adding any portions of the geographies that lie outside the political subdivision to the delineated assessment area(s).

 

Source: Interagency Questions & Answers Regarding Community Reinvestment | July 2016

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