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§ 1807.901 Payment of funds.

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Title 12 CFR: Banks and Banking › Chapter XVIII: COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY › Part 1807: CAPITAL MAGNET FUND › Subpart I: Terms and Conditions of a CMF Award › § 1807.901: § 1807.901 Payment of funds.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

CMF Awards provided pursuant to this part may be provided in a lump sum payment or in some other manner, as determined appropriate by the CDFI Fund. The CDFI Fund shall not provide any Payment under this part until a Recipient has satisfied all conditions set forth in the applicable NOFA and Assistance Agreement.

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