StacksVerified U.S. regulatory reference

12 CFR §1805.301

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Recipients may use financial assistance provided under this part to serve Investment Area(s) or Targeted Population(s) by developing or supporting, through lending, investing, enhancing liquidity, or other means of finance:
  1. (a)Commercial facilities that promote revitalization, community stability or job creation or retention;
  2. (b)Businesses that:
    1. (1)Provide jobs for Low-Income persons;
    2. (2)Are owned by Low-Income persons; or
    3. (3)Increase the availability of products and services to Low-Income persons;
  3. (c)Community Facilities;
  4. (d)The provision of Financial Services;
  5. (e)Housing that is principally affordable to Low-Income persons, except that assistance used to facilitate homeownership shall only be used for services and lending products that serve Low-Income persons and that:
    1. (1)Are not provided by other lenders in the area; or
    2. (2)Complement the services and lending products provided by other lenders that serve the Investment Area(s) or Targeted Population(s);
  6. (f)The provision of consumer loans (a loan to one or more individuals for household, family, or other personal expenditures); or
  7. (g)Other businesses or activities as requested by the Applicant and deemed appropriate by the CDFI Fund.