12 CFR § 1805.700 - Evaluation and selection—general.

---
identifier: "/us/cfr/t12/s1805.700"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1805.700 - Evaluation and selection—general."
title_number: 12
title_name: "Banks and Banking"
section_number: "1805.700"
section_name: "Evaluation and selection—general."
chapter_name: "COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY"
part_number: "1805"
part_name: "COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 4703, 4703 note, 4710, 4717; and 31 U.S.C. 321."
regulatory_source: "80 FR 52382, Aug. 31, 2015, unless otherwise noted."
cfr_part: "1805"
---


# 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.