Customer owns 10 acres and is building a shed for storage on the real estate. Is this considered a home improvement loan for HMDA purposes? or do the improvmeents need to be done to the residence

Improvements can be done to the dwelling or the real property on which it is located.

So, if there is a dwelling on the 10 acres, this would be home improvement. If it is vacant land, it would not be.

Is the storage shed for the residence or for storing other things like farm equipment? On page D-5 of the GIR it states (emphasis added):

4. Mixed-use property. A loan to improve property used for residential and commercial purposes (for example, a building containing apartment units and retail space) is a home improvement loan if the loan proceeds are used primarily to improve the residential portion of the property. If the loan proceeds are used to improve the entire property (for example, to replace the heating system), the loan is a home improvement loan if the property itself is primarily residential. An institution may use any reasonable standard to determine the primary use of the property, such as by square footage or by the income generated. An institution may select the standard to apply on a case-by-case basis. If the loan is unsecured*, to report the loan as a home improvement loan the institution must also have classified it as such.