Board of Governors of the Federal Reserve System

The Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation today announced the availability of the 2015 list of distressed or underserved nonmetropolitan middle-income geographies, where revitalization or stabilization activities will receive Community Reinvestment Act (CRA) 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.  The criteria for designating these areas are available on the Federal Financial Institutions Examination Council (FFIEC) website (http://www.ffiec.gov/cra).  The designations continue to reflect local economic conditions, including unemployment, poverty, and population changes. 

As with past releases, the agencies apply a one-year lag period for geographies that were listed in 2014 but are no longer designated as distressed or underserved in the current release. Revitalization or stabilization activities in these geographies are eligible to receive CRA consideration as community development for 12 months after publication of the current list. 

The current and previous years' lists can be found on the FFIEC website, along with information about the data sources used to generate those lists. 

2015 List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies (PDF)
Source Information and Methodology (PDF)