---
kind: "section"
citation: "12 C.F.R. § 1807.800"
title: "12"
number: "1807.800"
heading: "Evaluation and selection—general."
url: "https://uscodex.org/cfr/12/1807.800"
---

# §1807.800. Evaluation and selection—general.


Each Applicant will be evaluated and selected, at the sole discretion of the CDFI Fund, to receive a CMF Award based on a review process that will include a paper or electronic Application, and may include an interview(s) and/or site visit(s), and that is intended to:

- (a) Ensure that Applicants are evaluated in a fair and consistent manner based on the criteria outlined in the NOFA;
- (b) Ensure that each Recipient can successfully meet its performance goals and achieve Affordable Housing Activity and Economic Development Activity impacts;
- (c) Ensure that Recipients represent a geographically diverse group of Applicants serving Metropolitan Areas and Rural Areas across the United States to address economic distress. Criteria of economic distress may include:
  - (1) The percentage of Low-Income Families or the extent of poverty;
  - (2) The rate of unemployment or underemployment;
  - (3) The extent of disinvestment;
  - (4) Economic Development Activities that target Extremely Low-Income, Very Low-Income, and Low-Income Families within the Recipient's Service Area; and
  - (5) Any other criteria the CDFI Fund shall set forth in the applicable NOFA; and
- (d) **Take into consideration other factors as set forth in the applicable NOFA.**

## Notes

### Authority

Authority: 12 U.S.C. 4569.

### Source

Source: 89 FR 53015, June 25, 2024, unless otherwise noted.