Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 47— COMMUNITY DEVELOPMENT BANKING · SUBCHAPTER I— COMMUNITY DEVELOPMENT BANKING AND FINANCIAL INSTITUTIONS · § 4701

§ 4701. Findings and purposes

396 words·~2 min read·/usc/title-12/section-4701

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(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.)
Connections304 cite this · traces to 4
Cited by 304 sections · top 60
register
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
Citation graph
cites case law
§ 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
Cites 11 · showing 9Cited by 304 across 7 sources
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.