{"data":{"id":"us/12-cfr-1807.301","jurisdiction":"us","citation":"12 CFR 1807.301","heading":"Eligible Uses.","body":"The Recipient must use its CMF Award to finance and support Affordable Housing Activities and/or Economic Development Activities through the following Eligible Uses:\n(a) To capitalize Loan Loss Reserves;\n(b) To capitalize a Revolving Loan Fund;\n(c) To capitalize an Affordable Housing Fund;\n(d) To capitalize an Economic Development Activity Fund;\n(e) To make Risk-Sharing Loans; and\n(f) To provide Loan Guarantees.","path":["Title 12—Banks and Banking","CHAPTER XVIII—COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY","PART 1807—CAPITAL MAGNET FUND","Subpart C—Eligible Purposes; Eligible Uses; Restrictions"],"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":"da5e0d019045dac58bd43b8f7dd504f8a9320490dbed824ecbb2b76618da64c8","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1807.300","next":"us/12-cfr-1807.302"},"notice":"GroundRules: Original legal text. Not legal advice."}