# Regulatory Capital Treatment for High Volatility Commercial Real Estate (HVCRE) Exposures
> **US Federal Reserve System** · Final rule. · Published 2019-12-13 · Effective 2020-04-01 · 84 FR 68019
## Document
- **Document number:** 2019-26544
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 84 FR 68019
- **CFR reference:** 12 CFR 3
- **Publication date:** 2019-12-13
- **Effective date:** 2020-04-01
- **Docket:** Docket ID OCC-2018-0026
## Abstract

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) are adopting a final rule to revise the definition of "high volatility commercial real estate (HVCRE) exposure" in the regulatory capital rule. This final rule conforms this definition to the statutory definition of "high volatility commercial real estate acquisition, development, or construction (HVCRE ADC) loan," in accordance with section 214 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). The final rule also clarifies the capital treatment for loans that finance the development of land under the revised HVCRE exposure definition.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2019/12/13/2019-26544/regulatory-capital-treatment-for-high-volatility-commercial-real-estate-hvcre-exposures)
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