12 CFR § 1807.100 - Purpose.

---
identifier: "/us/cfr/t12/s1807.100"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1807.100 - Purpose."
title_number: 12
title_name: "Banks and Banking"
section_number: "1807.100"
section_name: "Purpose."
chapter_name: "COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY"
part_number: "1807"
part_name: "CAPITAL MAGNET FUND"
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. 4569."
regulatory_source: "89 FR 53015, June 25, 2024, unless otherwise noted."
cfr_part: "1807"
---


# 1807.100 Purpose.

The purpose of the Capital Magnet Fund (CMF) is to attract private capital for and increase investment in Affordable Housing Activities and related Economic Development Activities in every State of the United States, the District of Columbia, or territories of the United States.