Development Services

Development Services means activities undertaken by a CDFI, its Affiliate or contractor that promote community development and shall prepare or assist current or potential borrowers or investees to use the CDFI's Financial Products or Financial Services. For example, such activities include, financial or credit counseling; homeownership counseling; and business planning and management assistance;

Source

12 CFR § 1805.104

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Scoping language

For the purpose of this part, the following terms shall have the following definitions:

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