Community development financial institution definition

Community development financial institution means an entity

Community development financial institution means an entity designated and certified by the United States Department of the Treasury as a Community Development Financial Institution pursuant to 12 CFR Part 1805.

Community development financial institution means the same as that term is defined in 12

Examples of Community development financial institution in a sentence

• Community development financial institution financing of supermarkets in underserved communities: a case study.

• Smart-E offers loans to credit challenged customers through Capital for Change, a Community development financial institution (CDFI).

• The position will not filled, given that the triennial elections are in June.

• Community development financial institution or CDFI means an institution that is certified as a community development financial institution by the CDFI Fund under the Community Development Banking and Financial Institutions Act of 1994 (12 U.S.C. 4701et seq.).

• As used in this section, the following terms shall have the following meanings: (a) "Community development financial institution" means an organization whose principal office is located in this state, which has been certified as a community development financial institution by the federal community development financial institutions fund, as established pursuant to 12 U.S.C. § 4701, et seq.

More Definitions of Community development financial institution

Community development financial institution means an entity that

Community development financial institution means an organiza-

Community development financial institution means an organization that:

Community development financial institution means the same as that term is defined in 12 U.S.C. Sec. 4702.

Community development financial institution means that term as defined in section 103 of the community development banking and financial institutions act of 1994, 12 USC 4702, but is limited to a community development financial institution that satisfies all of the following:

Community development financial institution or “CDFI” shall mean a community based organization that provides financial services and products to communities, businesses and people underserved by traditional financial institutions.

Community development financial institution means a financial institution, with a primary mission of community development that provides credit and financial services to underserved markets and population and is certified by an entity recognized by the director.¶