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During the Great Recession, some Americans defended the Community Reinvestment Act (CRA) of 1977 because they believed it promoted fair access to credit and homeownership for low- and moderate-income communities, which was essential for economic stability. Critics often blamed the CRA for contributing to risky lending practices, but supporters argued that the act was not responsible for the housing market collapse. Instead, they contended that the CRA helped empower underserved populations and counteracted systemic discrimination in lending. Ultimately, defenders viewed the CRA as a necessary tool for fostering equitable economic growth and community investment.

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