9. What is a Section Zero determination?

Section Zero is a set of questions at the start of the CDFI Certification Application for Applicants that wish to seek a determination on the acceptability of:

• new Financial Products (not already approved by the CDFI Fund),
• new Financial Services (not already approved by the CDFI Fund),
• amended standards for responsible financing practices,
• the ability to disregard or include use of major assets and/or staff time,
• the ability to disregard or include use of major assets and/or staff time,
• the use of alternative or modified Target Market assessment methodologies.