The mission of the San Diego City-County Reinvestment Task Force, or RTF, is to foster increased financial inclusion and advance economic justice by advocating for affordable housing, supporting small business growth and equitable economic development, and promoting consumer education, counseling, and fair access to financial services.

Created by the City and the County of San Diego, the RTF monitors local banking practices and recommends lending strategies that benefit low- and moderate-income residents. Local banks are monitored for the percentage of deposits each reinvests back into the community through small-business loans, affordable housing development, and mortgage loans to residents in lower-income neighborhoods.

The RTF also monitors local economic data to track trends in consumer debt, housing costs and home mortgages. It can intervene in bank mergers and negotiate with lenders in the region to develop reinvestment plans that benefit underserved communities. It provides a forum for discussion of community investment-related issues at its monthly meetings, and serves as a convener for collective action projects that focus and increase investment in communities around the county.

The RTF is an outgrowth of the federal Community Reinvestment Act, which was enacted in 1977 to reduce discriminatory credit practices, also known as redlining, in low-income neighborhoods. It is funded by the County, the San Diego Housing Commission, and grants from RTF member banks.

It is jointly chaired by a member of the San Diego City Council and the County Board of Supervisors. The two co-chairs appoint 13 task force members representing five lending institutions, five community organizations, and the North, East and South parts of San Diego County.

Task Force Members

Task Force Staff