CTBC Bank USA Announces Acquisition of Low Income Housing Tax Credit Fund

Q: What are the key facts in this article?

CTBC Bank Corp. (USA) announced on April 30, 2026, its plan to invest up to USD 15,000,000 in a Low Income Housing Tax Credit Fund. This strategic investment aims to secure tax credits, reduce the effective tax rate, and fulfill Community Reinvestment Act (CRA) requirements. The transaction was approved by the bank's board of directors.

Q: What is the direct answer?

CTBC Bank Corp. (USA) announced on April 30, 2026, its plan to invest up to USD 15,000,000 in a Low Income Housing Tax Credit Fund. This strategic investment aims to secure tax credits, reduce the effective tax rate, and fulfill Community Reinvestment Act (CRA) requirements. The transaction was approved by the bank's board of directors.

Q: What is the source and date?

Source: https://mops.twse.com.tw/material/twse-2891-2026-04-30-5d93c814 | Date: Date unavailable

1. Name and nature of the target (if preferred stock, specify agreed-upon terms such as dividend rate, etc.): Low Income Housing Tax Credit Fund ; Low Income Housing Tax Credit Fund 2. Date of occurrence: 2026/04/30 3. Transaction unit quantity, price per unit, and total transaction amount: Not applicable; Not applicable; Not exceeding USD 15,000,000 4. Transaction counterparty and its relationship with the company (if the counterparty is an individual and not related to the company, their name may be omitted): R4 California Housing Partners X LP; Not a related party 5. If the counterparty is a related party, the reason for selecting the related party as the counterparty, the previous owner, the relationship between the previous owner, the company, and the counterparty, the date of the previous transfer, and the amount of the transfer shall also be announced: Not applicable 6. If the owner of the subject of the transaction has been a related party of the company in the past five years, the date of acquisition and disposal, price, and relationship with the company at the time of transaction shall also be announced: Not applicable 7. Matters related to the disposal of the claim (including the type of collateral attached to the disposed claim, and if the disposed claim is a claim against a related party, the name of the related party and the book value of the claim against the related party shall also be announced): Not applicable 8. Disposal profit (or loss) (not applicable for acquisition of securities) (deferred items shall be listed to explain the recognition situation): Not applicable 9. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements: To be handled according to the contract 10. Method of decision for this transaction, reference basis for price determination, and decision-making unit: To be handled according to the contract; To be handled according to the contract; CTBC Bank Corp. (USA) Board o

CTBC Bank USA Announces Acquisition of Low Income Housing Tax Credit Fund

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