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INTERAGENCY INTERPRETIVE LETTERS FOR 1996
December 24, 1996
- loans for church premises that qualify as small business or community development loans


December 23, 1996
- purchases of obligations of certain special purpose vehicles backed by affordable housing mortgages


December 23, 1996
- investment in umbrella partnership real estate investment trust to engage in community development activities


December 11, 1996
- CRA regulations and certain trade financing services


November 4, 1996
- CRA consideration for participation in community service programs offered by a financial company


October 2, 1996
- CRA treatment of mortgage loans to fund part of a program to provide affordable housing


September 23, 1996
- investment in a housing referral and assistance organization for low- and moderate-income individuals


September 9, 1996
- participation in a revolving loan program (RLP)


June 28, 1996 
- application of CRA regulations to support of microenterprise lending programs


June 27, 1996
- treatment of "equity equivalent" instruments offered by a non-profit lender


June 18, 1996
- treatment of the FMA "Direct Deposit Too" program


June 14, 1996
- investment in a community development bank


June 11, 1996
- discussion of "similarly-situated lenders" regarding small business data and performance context issues


May 16, 1996
- treatment of investments in an Empowerment Zone or Enterprise Community


April 15, 1996
- purchase of debentures of a specialized small business investment company


April 2, 1996
- investment in a fund supporting affordable housing, education, and small business


March 25, 1996
- investments in a community-development bank (CDB)


March 4, 1996 
- student loans and the CRA


February 21, 1996
- lending by an affiliate


February 16, 1996
- loans to a fund that provides mortgage insurance for affordable housing


February 13, 1996
- investment in a Unit Investment Trust (UIT) holding mortgage securities


January 31, 1996
- grants to a clinic providing free health care for low-income patients