You can get community development credit for loans under 1 million (if they have a community development purpose) under the following circumstances:
1. Loans to non-profit organizations: When the loan is unsecured or secured by something other than commercial real property, it counts. -- For instance, a loan to the YMCA will not count if it is secured by the YMCA building. However, if the loan is unsecured, or secured by a vehicle or some other type of collateral, it can be counted as a community development loan.
2. Loans secured by residential real property: Any loan that is secured by residential real property and has community development purpose will count.
These types of loans can be reported as community development loans even though they are under 1 million. This is because of the way they are coded for the CALL report (9B, 1C, & 1D). They are not reportable as small business loans and therefore can be reported as community development loans if they qualify.