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#328923 - 03/03/05 04:12 PM CD Loans & Renewals
Anonymous
Unregistered

If I have a loan that I reported in 2003 for a qualified community development organization, e.g Habitat for Humanity, and that origanization renews the loan in 2004, can I count it again as a CD loan for 2004?

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CRA
#328924 - 03/04/05 06:57 PM Re: CD Loans & Renewals
HRH Dawnie Offline
Power Poster
HRH Dawnie
Joined: Aug 2002
Posts: 7,353
Anchorage Alaska
Yup If you didn't renew it, someone would have to right? Take every renewal as long as you're not structuring it just for this purpose (unlikely, but just in case)
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Dawn Coursey VP/CRA Queen

CRA Rating is in...Oh who cares...I'm home with the baby.

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