Community Investments

April 1, 2001

Articles on the New Markets Tax Credit, the CRA, and municipal securities.

The views expressed are not necessarily those of the Federal Reserve Bank of San Francisco or of the Federal Reserve System. Material herein may be reprinted or abstracted provided Community Investments is credited. Please provide our Community Development Department with a copy of any publication in which material is reprinted.

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Table of Contents

Editor’s Notebook
Joy Hoffmann Molloy

The New Market Tax Credits
Stockton Williams

Shedding Light on Sunshine

District Update

The Big Bank World of CRA Q&A
Fred Mendez

CRA-Qualified Muni Securities