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12 CFR 1808.100

§ 1808.100 Purpose.

United States · 12 CFR — Banks and Banking · Status: effective

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12 CFR 1808.100, § 1808.100 Purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/51367
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Full text

The purpose of the Community Development Financial Institutions (CDFI) Bond Guarantee Program is to support CDFI lending by providing Guarantees for Bonds issued as part of a Bond Issue for Eligible Community or Economic Development Purposes, as authorized by sections 1134 and 1703 of the Small Business Jobs Act of 2010 (Pub. L. 111-240; 12 U.S.C. 4713a).

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.