community development financial institution
Defined in 6 places across 4 titles of the United States Code.
The term “community development financial institution” has the meaning given in section 4702 of title 12.
Source
- 2022–present15 U.S.C. § 3722aCommerce and Trade · Regional Technology and Innovation Hub Program · in this section
The term "community development financial institution" has the meaning given that term in section 103 of the Community Development Banking and Financial Institutions Act of 1994 (12 U.S.C. 4702).
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- 2024–present38 U.S.C. § 3765Veterans Benefits · Definitions · for the purposes of this subchapter
The term “community development financial institution” has the meaning given that term under section 4702 of this title.
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- 2021–present12 U.S.C. § 5701Banks and Banking · Definitions · in this chapter
The term “community development financial institution” has the meaning given the term in section 4702 of title 12.
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- 2014–present7 U.S.C. § 6953Agriculture · Healthy food financing initiative · in this section
the term “community development financial institution” has the meaning given the term in section 4702 of title 12); 5
Source
- 2020–present15 U.S.C. § 636Commerce and Trade · Additional powers · under this chapter
The term “community development financial institution” means a person (other than an individual) that—
(i) has a primary mission of promoting community development;
(ii) serves an investment area or targeted population;
(iii) provides development services in conjunction with equity investments or loans, directly or through a subsidiary or affiliate;
(iv) maintains, through representation on its governing board or otherwise, accountability to residents of its investment area or targeted population; and
(v) is not an agency or instrumentality of the United States, or of any State or political subdivision of a State.
Source
- 1994–present12 U.S.C. § 4702Banks and Banking · Definitions · for purposes of this subchapter