CRA Allocation Process
The CRA allocation process begins once your institution has made an investment in the Fund. We will then confirm with you the assessment area or areas that you would like us to target. Investments are usually made at the county level.
Once an investment has been made on your behalf, it will be allocated to your institution specifically for CRA purposes. No "double counting" is permitted. Your institution will receive extensive documentation for each security purchased identifying why it is a CRA qualified investment. All documentation serves to verify that a particular investment has as its "primary purpose" community development.
Qualified investment allocations will be made on a CRA examination cycle.