COMMUNITY REINVESTMENT ACT OF 1977.

SEC. 909. COMMUNITY REINVESTMENT ACT OF 1977.The Community Reinvestment Act of 1977 (12 U.S.C. 2901 et seq.) is amended— (1) in section 804— (A) by inserting before the first sentence the following: “(a) In General.—”; and (B) by adding at the end the following new subsection: “(b) Majority-Owned Institutions.—In assessing and taking into account, under subsection (a), the record of a nonminorityowned and nonwomenowned financial institution, the appropriate Federal financial supervisory agency may consider as a factor cap-ital investment, loan participation, and other ventures undertaken by the institution in cooperation with minority- and women-owned financial institutions and low-income credit unions provided that these activities help meet the credit needs of local communities in which such institutions and credit unions are chartered.”: and (2) in section 808(a), by striking “shall be treated as” and inserting “may be a factor in determining whether the depository institution is”.