StacksVerified U.S. regulatory reference

12 CFR §1805.700

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Applicants will be evaluated and selected, at the sole discretion of the CDFI Fund, to receive assistance based on a review process that may include an interview(s) and/or site visit(s) and that is intended to:
  1. (a)Ensure that Applicants are evaluated on a merit basis and in a fair and consistent manner;
  2. (b)Consider the unique characteristics of Applicants that vary by institution type, total asset size, stage of organizational development, markets served, products and services provided, and location;
  3. (c)Ensure that each Recipient can successfully meet the goals of its Comprehensive Business Plan and achieve community development impact;
  4. (d)Ensure that Recipients represent a geographically diverse group of Recipients serving Metropolitan Areas, non-Metropolitan Areas, and Indian Reservations from different regions of the United States; and
  5. (e)Consider other factors as described in the applicable Notice of Funds Availability.