Aaron Glantz:

This month, the newly-appointed comptroller, Joseph Otting, said he would be seeking formal input to update the law. We requested an interview with Otting. He declined to comment, but said in a statement he was interested in modernizing the 40-year-old act so that it would encourage banks to invest in and meet the needs of their communities.

Otting is no stranger to the banking industry. From 2010 to 2015, he served as CEO of OneWest Bank. When he was in charge, government lending records show only 1 percent of home purchase loans went to African-Americans and 3 percent to Latinos. This month, the Comptroller's Office met with the American Bankers Association at the Treasury Department to get their recommendations on how the act should be changed.

In a report the association submitted in December, they complained of overly restrictive concepts of community and economic development under CRA and said the rules should be loosened.

All of that lobbying is likely do little to help Adrienne Stokes in Point Breeze. While you can see construction on just about every block, very little lending has been going to longtime residents of the neighborhood.

The home two doors down, where a black family lived for three decades, has been demolished, is now a hole in the ground, sold to a local developer, who plans to build a three-story house with a roof deck and a cellar. If the trends of recent years hold, this house will likely go to a white newcomer.