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#2142996 - 08/22/17 01:07 PM CD Loan Counted as Investment
terpsfan Offline
Diamond Poster
Joined: Feb 2007
Posts: 1,973
I know if the past we have been able to count loans to CDFIs as investments but I am trying to point to where the regulation or Q&A that allows this to determine whether a new loan will be given the same consideration. Can anyone point me in the right direction?

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CRA
#2143769 - 08/26/17 10:26 PM Re: CD Loan Counted as Investment terpsfan
Karen Tucker Offline
Junior Member
Joined: Mar 2007
Posts: 39
Washington, DC
The CRA Reg defines a qualified investment as "(t) Qualified investment means a lawful investment, deposit, membership share, or grant that has as its primary purpose community development." In my experience loans to CDFI were not considered as investments. If there was confusion on how to treat an asset - as either a loan or as an investment - I directed examiners to default to the Call Report definitions.

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