{"ok":true,"canonical_url":"https://dealroom.so/glossary/community-reinvestment-act-objectives","api_url":"https://dealroom.so/api/public/glossary/community-reinvestment-act-objectives","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"community-reinvestment-act-objectives","term":"Community Reinvestment Act Objectives","group":"People and paperwork","definition":"The Community Reinvestment Act (CRA) encourages banks to meet the credit needs of low- and moderate-income communities. While not directly impacting your SBA loan eligibility as a borrower, it shapes which banks are active in certain areas.","what_it_means":"A bank's CRA objectives influence where they focus their lending efforts. Some lenders might prioritize SBA loans in specific underserved communities to meet these requirements. This could mean more favorable terms or a smoother process if your target business is in such an area.","url":"https://dealroom.so/glossary/community-reinvestment-act-objectives","official_sources":[],"related":[{"slug":"preferred-lender","term":"Preferred Lender","url":"https://dealroom.so/glossary/preferred-lender"},{"slug":"credit-elsewhere-test","term":"Credit elsewhere test","url":"https://dealroom.so/glossary/credit-elsewhere-test"},{"slug":"7a-loan","term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"}],"related_questions":[{"question":"Can my personal savings account act as collateral for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/can-my-personal-savings-account-act-as-collateral-for-an-sba-7-a-loan"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Community Reinvestment Act Objectives","url":"https://dealroom.so/glossary/community-reinvestment-act-objectives","source_type":"DealRoom Data"}}