The coalition is not proposing a particular percentage. We would like to see a system that requires the banks to release information on loan applications. The banks grant loans to consumers. The United States have a system and a method to determine whether the person asking for the loan is credit-worthy. The bank has to grant loans to everyone who is credit-worthy; otherwise, the government will ask the bank to take corrective action by developing special programs for people in the community, women entrepreneurs or other, similar lenders. It is not based on a quota or a percentage; it is just a system to verify what exactly the banks do with each application and what goes to each community.
On February 19th, 2007. See this statement in context.