Regulations last checked for updates: Feb 06, 2026

Title 12 - Banks and Banking last revised: Dec 01, 2026
§ 1291.27 - Scoring criteria for Targeted Funds.

A Bank shall adopt in its scoring methodology for each Targeted Fund established by the Bank at least three different scoring criteria, as determined by the Bank in its discretion, that allow the Bank to select applications that meet the specific affordable housing need or needs being addressed by the Targeted Fund.

authority: 12 U.S.C. 1430(j)
source: 83 FR 61231, Nov. 28, 2018, unless otherwise noted.
cite as: 12 CFR 1291.27