Community development is a general term used to characterize the various types of activities that may qualify for positive consideration under the requirements of the Community Reinvestment Act. These activities at the highest level include:
- Affordable Housing for low- and moderate-income individuals and families or in low- and moderate-income geographies
- Community Services targeted to low- and moderate-income individuals and families
- Economic Development activities including those that promote that financing and support to small business or small farms and workforce development for low- and moderate-income individuals
- Revitalization or Stabilization activities that support low- and moderate-income areas as well as nonmetropolitan middle-income areas and designated as CRA geographies by federal agencies