§ 1807.100 Purpose.
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Title 12 CFR: Banks and Banking › Chapter XVIII: COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY › Part 1807: CAPITAL MAGNET FUND › Subpart A: General Provisions › § 1807.100: § 1807.100 Purpose.
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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.
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