{"data":{"id":"us/12-cfr-1807.800","jurisdiction":"us","citation":"12 CFR 1807.800","heading":"Evaluation and selection—general.","body":"Each Applicant will be evaluated and selected, at the sole discretion of the CDFI Fund, to receive a CMF Award based on a review process that will include a paper or electronic Application, and may include an interview(s) and/or site visit(s), and that is intended to:\n(a) Ensure that Applicants are evaluated in a fair and consistent manner based on the criteria outlined in the NOFA;\n(b) Ensure that each Recipient can successfully meet its performance goals and achieve Affordable Housing Activity and Economic Development Activity impacts;\n(c) Ensure that Recipients represent a geographically diverse group of Applicants serving Metropolitan Areas and Rural Areas across the United States to address economic distress. Criteria of economic distress may include:\n(1) The percentage of Low-Income Families or the extent of poverty;\n(2) The rate of unemployment or underemployment;\n(3) The extent of disinvestment;\n(4) Economic Development Activities that target Extremely Low-Income, Very Low-Income, and Low-Income Families within the Recipient's Service Area; and\n(5) Any other criteria the CDFI Fund shall set forth in the applicable NOFA; and\n(d) Take into consideration other factors as set forth in the applicable NOFA.","path":["Title 12—Banks and Banking","CHAPTER XVIII—COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY","PART 1807—CAPITAL MAGNET FUND","Subpart H—Evaluation and Selection of Applications"],"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":"fa0ec2445ac87a82d29c02b3e49ef156f0c4f8aff33d7d8a336b448abe73c098","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1807.701-1807.799","next":"us/12-cfr-1807.801"},"notice":"GroundRules: Original legal text. Not legal advice."}