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Code of Federal Regulations (Last Updated: November 8, 2024) |
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Title 12 - Banks and Banking |
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Chapter XVIII - Community Development Financial Institutions Fund, Department of the Treasury |
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Part 1805 - Community Development Financial Institutions Program |
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Subpart H - Terms and Conditions of Assistance |
§ 1805.802 - Payment of funds.
Latest version.
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§ 1805.802 Payment of funds.
Assistance provided pursuant to this part may be provided in a lump sum or over a period of time, as determined appropriate by the CDFI Fund. The CDFI Fund shall not provide any assistance under this part until a Recipient has satisfied any required conditions set forth in its Assistance Agreement and, if the Recipient is to receive financial assistance, the Recipient has secured in-hand and/or firm commitments for the matching funds required for such assistance pursuant to the applicable Notice of Funds Availability.