(I am a CRA Newbie 2)- In reviewing our CRA system report I see loans flagged as CRA reportable that are over $1MM. Are community development loans subject to the $1MM or less origination or can they be any amount? I don't know if these fit the definition of community development or not but if they are not reportable due to the amount, I will save some time. This sounds like a dumb question but I am reading the guide and not able to find the answer.

Community Development loans are NOT limited by dollar.

Generally speaking, many Community Development loans will be over $1MM. If the loan is $1MM or less, and meets the definition for a Small Business Loan, it must be reported as a Small Business Loan instead of Community Development.

So, your reportable Community Development loans will generally be from the following types:

* Commercial loans over $1MM that have a Community Development purpose.
* Construction or Land Development loans that have a Community Development purpose.
* Loans to Non-Profit organizations where the loan is NOT secured by non-farm/non-residential property and the loan has a Community Development purpose.
* Loans secured by residential property that have a Community Development purpose.

ALso CD Loans cannot be report else where execpt for multi-family loans.

One more common type of CD loans (the bulk of mine many years) is Multi-Family loans.