12 CFR § 1807.502 - CMF Award limits.

---
identifier: "/us/cfr/t12/s1807.502"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1807.502 - CMF Award limits."
title_number: 12
title_name: "Banks and Banking"
section_number: "1807.502"
section_name: "CMF Award limits."
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"
---


# 1807.502 CMF Award limits.

An eligible Applicant and its Subsidiaries and Affiliates may not be awarded more than 15 percent of the aggregate funds available for the CMF Awards during any year.