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summer 2005

Investment Resources for Part 24 Authority

Part 24 Resources on the Web

Common Part 24 Questions

CD Investment Precedent Letters

Investments in National/Regional Funds

First Quarter 2005
Part 24 Investments

Regulation and CD-1 Form
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This Just In... OCC's Districts Report on New Investment Opportunities for Banks
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OCC's Community Affairs Department

(202) 874-5556

CommunityAffairs
@occ.treas.gov

Articles by non-OCC authors represent their own views and are not necessarily the views of the OCC.

 

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A Look Inside

Construction of an apartment building in San Francisco
Welcome back to Community Developments Investments (CD I ), the OCC's on-line magazine focusing on national bank investments in community development (CD) activities.   This issue of CD I looks at two innovative CD finance providers.   These investment intermediaries offer banks the ability to earn a double bottom line return - of both economic earnings for the investing bank and social gain for the communities they serve.

Full Story...
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_ Calvert Foundation:
Providing the Perfect Match

Woman Painting at construction site

You could call the Calvert Social Investment Foundation (CF) in Bethesda, MD, a matchmaker. This financial intermediary of the community development financial community "pairs" selected nonprofits with banks looking for Community Reinvestment Act (CRA) qualified community development lending and investment opportunities.

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_ Bay Area Funds Focus on the
Double Bottom Line

photo of the Golden Gate Bridge

A family of three community development funds in San Francisco is making a tempting offer to banks: Invest with us and you'll obtain a good return for your bank's bottom line as well as for your community.   The Bay Area Family of Funds says its bank investors can expect to get more than just possible Community Reinvestment Act (CRA) credit. Bay Area Fund Executive Vice President and Managing Director Elizabeth Ferguson says the fund's investments in environmental cleanup, local business growth, and real estate will seek to generate private equity market rates of return for bank investors.

Full Story...