---
kind: "section"
citation: "12 C.F.R. § 1805.700"
title: "12"
number: "1805.700"
heading: "Evaluation and selection—general."
url: "https://uscodex.org/cfr/12/1805.700"
---

# §1805.700. Evaluation and selection—general.


Applicants will be evaluated and selected, at the sole discretion of the CDFI Fund, to receive assistance based on a review process that may include an interview(s) and/or site visit(s) and that is intended to:

- (a) Ensure that Applicants are evaluated on a merit basis and in a fair and consistent manner;
- (b) Consider the unique characteristics of Applicants that vary by institution type, total asset size, stage of organizational development, markets served, products and services provided, and location;
- (c) Ensure that each Recipient can successfully meet the goals of its Comprehensive Business Plan and achieve community development impact;
- (d) Ensure that Recipients represent a geographically diverse group of Recipients serving Metropolitan Areas, non-Metropolitan Areas, and Indian Reservations from different regions of the United States; and
- (e) **Consider other factors as described in the applicable Notice of Funds Availability.**

## Notes

### Authority

Authority: 12 U.S.C. 4703, 4703 note, 4710, 4717; and 31 U.S.C. 321.

### Source

Source: 80 FR 52382, Aug. 31, 2015, unless otherwise noted.