If your colleague is presenting the training information, then Yes. If your colleague is simply attending the training, then No.
ll.12(i)—3: What are examples of community development services?
A3. Examples of community development services include, but are not limited to, the following:
• Providing technical assistance on financial matters to nonprofit, tribal, or government organizations serving low and moderate-income housing or economic revitalization and development needs;
• Providing technical assistance on financial matters to small businesses or community development organizations, including organizations and individuals who apply for loans or grants under the Federal Home Loan Banks’ (FHLB) Affordable Housing Program;
• furnishing financial services training for staff and management;
Regulations are a poor substitute for ethics.