---
kind: "section"
citation: "12 C.F.R. § 345.15"
title: "12"
number: "345.15"
heading: "Impact and responsiveness review of community development loans, community development investments, and community development services."
url: "https://uscodex.org/cfr/12/345.15"
---

# §345.15. Impact and responsiveness review of community development loans, community development investments, and community development services.

- (a) **Impact and responsiveness review, in general.** Under the Community Development Financing Test in [§ 345.24](/cfr/12/345.24.md), the Community Development Services Test in [§ 345.25](/cfr/12/345.25.md), and the Community Development Financing Test for Limited Purpose Banks in [§ 345.26](/cfr/12/345.26.md), the FDIC evaluates the extent to which a bank's community development loans, community development investments, and community development services are impactful and responsive in meeting community development needs in each facility-based assessment area and, as applicable, each State, multistate MSA, and the nationwide area. The FDIC evaluates the impact and responsiveness of a bank's community development loans, community development investments, or community development services based on [paragraph (b)](#b) of this section, and may take into account performance context information pursuant to [§ 345.21(d)](/cfr/12/345.21.md?p=d).
- (b) **Impact and responsiveness review factors.** Factors considered in evaluating the impact and responsiveness of a bank's community development loans, community development investments, and community development services include, but are not limited to, whether the community development loan, community development investment, or community development service:
  - (1) Benefits or serves one or more persistent poverty counties;
  - (2) Benefits or serves one or more census tracts with a poverty rate of 40 percent or higher;
  - (3) Benefits or serves one or more geographic areas with low levels of community development financing;
  - (4) Supports an MDI, WDI, LICU, or CDFI, excluding certificates of deposit with a term of less than one year;
  - (5) Benefits or serves low-income individuals, families, or households;
  - (6) Supports small businesses or small farms with gross annual revenues of $250,000 or less;
  - (7) Directly facilitates the acquisition, construction, development, preservation, or improvement of affordable housing in High Opportunity Areas;
  - (8) Benefits or serves residents of Native Land Areas;
  - (9) Is a grant or donation;
  - (10) Is an investment in projects financed with LIHTCs or NMTCs;
  - (11) Reflects bank leadership through multi-faceted or instrumental support; or
  - (12) Is a new community development financing product or service that addresses community development needs for low- or moderate-income individuals, families, or households.

## Notes

### Authority

Authority: 12 U.S.C. 1814-1817, 1819-1820, 1828, 1831u, 2901-2908, 3103-3104, and 3108(a).

### Source

Source: 89 FR 7205, Feb. 1, 2024, unless otherwise noted.