Code of Federal Regulations · Section
§ 1807.100 — Purpose
12 C.F.R. § 1807.100
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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.
Authorizing Statute
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Capital Magnet Fund12 U.S.C. § 4569