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Requirements for CDC Certification and Operation | Midpage
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Code of Federal Regulations
Title 13
Chapter I
Part 120
Subpart H
ECFR905acb088338292
Requirements for CDC Certification and Operation
120.816
CDC non-profit status and good standing.
120.818
Applicability to existing for-profit CDCs.
120.820
CDC Affiliation.
120.821
CDC Area of Operations.
120.823
CDC Board of Directors.
120.824
Professional management and staff, and contracts for services.
120.825
Financial ability to operate.
120.826
Basic requirements for operating a CDC.
120.827
Other services a CDC may provide to small businesses.
120.828
Minimum level of 504 loan activity and restrictions on portfolio concentrations.
120.829
Job Opportunity average a CDC must maintain.
120.830
Reports a CDC must submit.