StacksVerified U.S. regulatory reference

12 CFR §1807.301

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The Recipient must use its CMF Award to finance and support Affordable Housing Activities and/or Economic Development Activities through the following Eligible Uses:
  1. (a)To capitalize Loan Loss Reserves;
  2. (b)To capitalize a Revolving Loan Fund;
  3. (c)To capitalize an Affordable Housing Fund;
  4. (d)To capitalize an Economic Development Activity Fund;
  5. (e)To make Risk-Sharing Loans; and
  6. (f)To provide Loan Guarantees.