The Final Rule brought amendments to regulations by the Federal Reserve, FDIC, and OCC, expanding CRA options. Essentially, any bank loan linked to the Small Business Administration (SBA) 504 loan program now qualifies as economic development, fulfilling the Community Development Financing Test for CRA credit. This encompasses both interim and permanent third-party loans.
Interested?
If you are interested in this item and have some questions, feel free send an inquiry.
Click Here
On the Go?
Scan our QR code and use your phone to access our catalog.
B:Side Capital is a proud member of
American Fork - We're Bringing Local Back
Click Here to Learn MoreCommunity Sponsors