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#2179584 - 05/24/18 03:25 PM CRA Credit?
Bbgreen Offline
Member
Joined: Jan 2014
Posts: 76
Texas
Would financing a school bus for a low-mod school district be counted?

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CRA
#2180021 - 05/29/18 05:34 PM Re: CRA Credit? Bbgreen
Tennismom Offline
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Tennismom
Joined: Jan 2004
Posts: 778
Assuming that the school is a public school or a not for profit school the loan cannot be reported on your CRA LAR. If the district serves a majority of students eligible for free and reduced priced meals then it would be a Community Development Loan.
Last edited by Tennismom; 05/29/18 05:37 PM.
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#2180691 - 06/04/18 09:03 PM Re: CRA Credit? Bbgreen
Bbgreen Offline
Member
Joined: Jan 2014
Posts: 76
Texas
thank you!

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