The Application includes a series of questions related to an Applicant’s (and its covered Affiliates’) Financial Products and Financial Services to determine whether they are consistent with a set of community development principles and the standards for responsible financing practices established by the CDFI Fund for the purposes of CDFI Certification. These questions apply to all Financial Products and Financial Services offered by an Applicant and its Affiliates, not just those directed to one or more of the Applicant’s Target Markets.
19. Do the standards for responsible financing practices apply to all of an Applicant’s Financial Products (and those of any covered Affiliate), or only those directed to a Target Market?
FAQ Question
19. Do the standards for responsible financing practices apply to all of an Applicant’s Financial Products (and those of any covered Affiliate), or only those directed to a Target Market?
FAQ Answer