community development financial institution

(A) In general 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

12 USC § 4702(5)(A)


Scoping language

None identified. Default scope is assumed to be the entire title.
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