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Home / Simons-Taxes /Personal and employment tax /Part E3 Reliefs for investors /Division E3.6 Community investment tax relief /Qualifying investments / E3.611 Qualifying loans

There are three conditions which all must be satisfied before a loan can be a qualifying investment.

Condition A—receipt of loans by CDFI

In order for this condition to be met, either:

  1. Ìý

    (a)ÌýÌýÌýÌý the CDFI must receive the full amount of the loan from the investor on the investment date; or

  2. Ìý

    (b)ÌýÌýÌýÌý in cases where the loan agreement authorises the CDFI to draw down amounts of the loan over a period of time, the end of that period must not be later than 18 months after the investment date1

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Web page updated on 17 Mar 2025 16:37