Can a loan be counted as both? We have a refi of a HI of non profit housing corp that provides affordable housing to it's members. Would you classify it as HMDA reportable or a CRA community Development loan? Curious....

If it is multifamily affordable housing it can be HMDA-Reportable and reported as CD too.

Thanks Len! Can I ask you this? So I am going to include it in my HMDA submission and as a CDL too. We use CRA Wiz for submission. I seem to recall that for CRA submission, I list the total number and total amount of CD loans vs. listing the loans on the IRS. Am I correct?

I have used CRA WIZ and you are correct....list just the number and dollars of CD Loans. At exam time is when you show the details of your community development loans.

Thanks for confirming!

I double confirm.