12 CFR 1805.300 - Purposes of financial assistance.

Regulations last checked for updates: Jan 30, 2025

Title 12 - Banks and Banking last revised: Jan 27, 2025

View all text of Subpart C [§ 1805.300 - § 1805.303]

§ 1805.300 - Purposes of financial assistance.

The CDFI Fund may provide financial assistance through investment instruments described under subpart D of this part. Such financial assistance is intended to increase available capital and enhance the ability of a Recipient to provide Financial Products, Financial Services, and Development Services.

authority: 12 U.S.C. 4703,4703,4710,4717; and 31 U.S.C. 321.

source: 80 FR 52382, Aug. 31, 2015, unless otherwise noted.

cite as: 12 CFR 1805.300