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Hybrid Hybrid Event
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Special Purpose Credit Programs – A Virtual Forum

September 2, 2021 @ 4:00 am - 1:00 pm

Hybrid Hybrid Event

Register today!

Presented in partnership by the National Fair Housing Alliance, The Urban Institute, and Mortgage Bankers Association, this unique forum will provide audience with a clear understanding of the barriers in access to credit and who is most affected. We introduce SPCPs with leading market research, design and implementation proposals, and outline the legal and regulatory framework in which such programs can exist and thrive.


About Special Purpose Credit Programs

Increasingly, lenders are interested in pursuing proactive efforts to increase lending opportunities for members of African-American, Hispanic and other communities that may have traditionally been underserved. These well-intentioned efforts, however, must be undertaken in compliance with the prohibition in the Equal Credit Opportunity Act (ECOA) and its implementing regulation (Regulation B) against considering a prohibited basis, such as race or ethnicity, in any aspect of a credit transaction.

Notwithstanding this prohibition, ECOA and Regulation B permit creditors to create “special purpose credit programs” in order to extend credit to applicants who meet certain eligibility requirements. Pursuant to such a program, lenders may offer special underwriting or pricing for traditionally disadvantaged groups. This article briefly discusses the requirements of such programs, including guidance on how they may be used.

CLICK HERE to learn more about the event, view a complete list of panelists and speakers, and register.


September 2, 2021
4:00 am - 1:00 pm
Event Category:


Washington, DC
1331 Pennsylvania Ave NW
Washington, DC 20004 United States
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