{"data":{"id":"us/12-cfr-1805.301","jurisdiction":"us","citation":"12 CFR 1805.301","heading":"Eligible activities.","body":"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:\n(a) Commercial facilities that promote revitalization, community stability or job creation or retention;\n(b) Businesses that:\n(1) Provide jobs for Low-Income persons;\n(2) Are owned by Low-Income persons; or\n(3) Increase the availability of products and services to Low-Income persons;\n(c) Community Facilities;\n(d) The provision of Financial Services;\n(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:\n(1) Are not provided by other lenders in the area; or\n(2) Complement the services and lending products provided by other lenders that serve the Investment Area(s) or Targeted Population(s);\n(f) The provision of consumer loans (a loan to one or more individuals for household, family, or other personal expenditures); or\n(g) Other businesses or activities as requested by the Applicant and deemed appropriate by the CDFI Fund.","path":["Title 12—Banks and Banking","CHAPTER XVIII—COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY","PART 1805—COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM","Subpart C—Use of Funds/Eligible Activities"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"e79b998ea50d4cb813f0dfb25b882ee0c98c4821f93924db90b5fc716b7d0dcf","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1805.300","next":"us/12-cfr-1805.302"},"notice":"GroundRules: Original legal text. Not legal advice."}