What is community development lending?

Community development lending includes loans to:

  • Construct or rehab of affordable housing including multifamily development or retail units
  • Support nonprofit organizations serving low- and moderate-income people or areas
  • Support community development needs or community facilities in low- and moderate-income geographies
  • Local, state or tribal government community development activities
  • Finance environmental clean-up or redevelopment of industrial sites are part of revitalization efforts
  • Small businesses or farms with gross annual revenues under $1 million

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