§ 4701. Findings and purposes
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(a)Findings The Congress finds that—
(1)many of the Nation’s urban, rural, and Native American communities face critical social and economic problems arising in part from the lack of economic growth, people living in poverty, and the lack of employment and other opportunities;
(2)the restoration and maintenance of the economies of these communities will require coordinated development strategies, intensive supportive services, and increased access to equity investments and loans for development activities, including investment in businesses, housing, commercial real estate, human development, and other activities that promote the long-term economic and social viability of the community; and
(3)community development financial institutions have proven their ability to identify and respond to community needs for equity investments, loans, and development services.
(b)Purpose The purpose of this subchapter is to create a Community Development Financial Institutions Fund to promote economic revitalization and community development through investment in and assistance to community development financial institutions, including enhancing the liquidity of community development financial institutions.
(Pub. L. 103–325, title I, § 102, Sept. 23, 1994, 108 Stat. 2163.)
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- § 570.482Eligible activities.
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- § 1807.302Restrictions on use of a CMF Award.
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- Rules and RegulationsNotice of Proposed Rulemaking; request for comments
- NoticesNotice of funds availability (NOFA) inviting applications for the FY 2002 funding round of the core and intermediary components of the Community Development Financial Institutions Program
- NoticesDEPARTMENT OF THE TREASURY
- Presidential DocumentsIntroduction to the Unified Agenda of Federal Regulatory and Deregulatory Actions
- Rules and RegulationsDEPARTMENT OF THE TREASURY
Traces to 4 documents
7 references not yet in our index
- Pub. L. 103–325, title I, § 102
- 108 Stat. 2163
- Pub. L. 103–325
- Pub. L. 103–325, § 1(a)
- 108 Stat. 2160
- Pub. L. 103–325, title I, § 101
- section 11 of Pub. L. 95–452
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§ 4701
Findings and purposes
Fed. Reg.×227
Bills×32
C.F.R.×17
Stat. Comp.×9
Stat.×7
U.S.C.×7
Pub. L.×5
Pub. L.Pub. L. 103–325, title I, § 102
Stat.108 Stat. 2163
Pub. L.Pub. L. 103–325
Pub. L.Pub. L. 103–325, § 1(a)
Stat.108 Stat. 2160
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