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  "documentTitle": "2022 strategic update presentation",
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  "notes": "Contains footnotes 86 and 87 detailing bank constraints and tax credit policies.",
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      "text": "86 As a nontraditional bank without a meaningful legacy retail presence, GS Bank does not easily conform to the CRA large bank procedures as written... 87 As per existing federal policy with respect to qualifying investments...",
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      "text": "Tax Credit Equity investments in Low Income Housing Tax Credit or New Markets Tax Credit projects; Real estate debt, including both affordable housing construction and preservation; Letters of credit; Loans to financial intermediaries (e.g., CDFIs); Equity investments (e.g., Real Estate or Third-party fund investments for affordable housing construction or preservation); Originating or purchasing eligible municipal or other tax-exempt loans or securities; Purchasing eligible mortgage loans or securities",
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      "text": "When developing combined community development investing and lending targets, we considered peer bank strategic plans, our own history of innovative, complex and responsive community development investing and feedback from our communities in order to identify the ways in which our specific business model might have the greatest impact.",
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      "text": "As a bank with limited direct retail lending or related business activities, we have emphasized community development lending, qualified investments, grants and community development services leveraging our deep expertise to introduce innovative solutions targeted to the communities that need them most. Community development loans and investments may include, but are not limited to:",
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      "text": "Because GS Bank's activity is limited in the traditional loan products subject to the lending test, i.e., home mortgage and small business lending, our approach relies on community development investing and lending, including partnerships with CDFIs, local nonprofits and other mission-driven partners, to meet LMI community needs. In the spirit of the CRA and NYCRA we have elected to highlight some examples of community development investing and lending activities targeted toward supporting LMI homeownership and small businesses.",
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      "text": "Combined Community Development Loans and Investment Goals",
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