SPCP Toolkit
  • Home
  • Explore The Toolkit
    • SPCP Basics
      • What is a Special Purpose Credit Program?
      • Regulatory Guidance on SPCPs
    • Why SPCPs are needed
      • History & Background Presentation by NFHA
      • SPCPs & Antidiscrimination Law
      • Background Research & Data by Urban Institute
    • FAQs: Legal Issues
    • Market examples of SPCPs
    • Building your SPCP
      • How to complete the requirements for SPCPs
      • Useful Blogs on SPCPs
    • Data & Design FAQs
    • Data Analysis Examples
      • Data analytics and resources for SPCPs
      • Performing the Data Analysis
      • SPCP Analysis Case Study Example
    • Compliance and Monitoring
    • SPCP Toolkit Contributors
  • SPCP Basics
    • What is a Special Purpose Credit Program?
    • Regulatory Guidance on SPCPs
  • Why SPCPs are needed
    • History & Background Presentation by NFHA
    • SPCPs & Antidiscrimination Law
    • Background Research & Data by Urban Institute
  • FAQs: Legal Issues
  • Market examples of SPCPs
  • Building your SPCP
    • How to complete the requirements for SPCPs
    • Useful Blogs on SPCPs
  • Data & Design FAQs
  • Data Analysis Examples
    • Data analytics and resources for SPCPs
    • Performing the Data Analysis
    • SPCP Analysis Case Study Example
  • Compliance and Monitoring
  • SPCP Toolkit Contributors
Search
  • nfha
  • mba
Click to toggle navigation menu.
  • SPCP Basics
    • What is a Special Purpose Credit Program?
    • Regulatory Guidance on SPCPs
  • Why SPCPs are needed
    • History & Background Presentation by NFHA
    • SPCPs & Antidiscrimination Law
    • Background Research & Data by Urban Institute
  • FAQs: Legal Issues
  • Market examples of SPCPs
  • Building your SPCP
    • How to complete the requirements for SPCPs
    • Useful Blogs on SPCPs
  • Data & Design FAQs
  • Data Analysis Examples
    • Data analytics and resources for SPCPs
    • Performing the Data Analysis
    • SPCP Analysis Case Study Example
  • Compliance and Monitoring
  • SPCP Toolkit Contributors

Regulatory Guidance on SPCPs

CFPB Advisory Opinion

The CFPB issued an Advisory Opinion that provides detailed agency guidance regarding the content that a for-profit organization should include in a SPCP written plan.

CFPB SPCP Resource Blog

This blog on CFPB’s website provide a host of information, resources, and contacts that lenders who are building or deploying SPCPs will find helpful and useful.

HUD General Counsel Opinion

HUD issued guidance that confirms that SPCPs that conform with ECOA and Reg B generally do not violate the Fair Housing Act (“FHA”).

Interagency Statement on SPCPs

The OCC, Board of Governors of the Federal Reserve System, FDIC, NCUA, CFPB, HUD, the U.S. DOJ, and FHFA issued a joint statement that “encourage[s] creditors to explore opportunities to develop special purpose credit programs consistent with ECOA and Regulation B requirements as well as applicable safe and sound lending principles.”

HUD FHEO Statement

HUD’s Office of Fair Housing and Equal Opportunity issued an accompanying statement “encourag[ing] lenders to seriously consider establishing [SPCPs] that are consistent with the antidiscrimination and affirmative provisions of the [ECOA], Regulation B, and the [FHA].”

image_pdf Download PDF
  • Helpful Links
  • Contact the SPCP Toolkit Team

Copyright © 2023 SPCP Toolkit – All Rights Reserved.
National Fair Housing Alliance, Homeownership Council of America, and Mortgage Bankers Association