# 12 CFR § 1808.104: Deviations

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.104

## Section

- **Citation:** 12 CFR § 1808.104
- **Heading:** Deviations
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER XVIII—COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY > PART 1808—COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS BOND GUARANTEE PROGRAM > Subpart A—General Provisions

## Text

To the extent that such requirements are not specified by statute, the Secretary of the Treasury in consultation with the Office of Management and Budget, may authorize deviations on an individual or general basis from the requirements of this interim rule upon a finding that such deviation is essential to program objectives, and the special circumstances stated in the proposal make such deviation clearly in the best interest of the Federal Government. All proposals must be in writing and supported by a statement of the facts and the grounds forming the basis of the deviation. For deviations of general applicability, after a determination is made by the Secretary of the Treasury based on the deviation proposal, the CDFI Fund must publish notification of granted deviations in the Federal Register. Any deviation that was not captured in the original credit subsidy cost estimate will require either additional fees, or discretionary appropriations to cover the cost.

## Nearby sections

- [12 CFR § 1808.100 § 1808.100 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.100.md)
- [12 CFR § 1808.101 § 1808.101 Summary.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.101.md)
- [12 CFR § 1808.102 § 1808.102 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.102.md)
- [12 CFR § 1808.103 § 1808.103 Participant not instrumentality.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.103.md)
- [12 CFR § 1808.104 § 1808.104 Deviations.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.104.md)
- [12 CFR § 1808.105 § 1808.105 Relationship to other CDFI Fund programs.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.105.md)
- [12 CFR § 1808.106 § 1808.106 OMB control number.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.106.md)
- [12 CFR § 1808.200 § 1808.200 Qualified Issuers.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.200.md)
- [12 CFR § 1808.201 § 1808.201 Designated Bonding Authority.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.201.md)
- [12 CFR § 1808.202 § 1808.202 Eligible CDFIs.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.202.md)
- [12 CFR § 1808.300 § 1808.300 Interest rates.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.300.md)
- [12 CFR § 1808.301 § 1808.301 Eligible uses of Bond Proceeds.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.301.md)
- [12 CFR § 1808.302 § 1808.302 Bond terms and conditions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.302.md)
- [12 CFR § 1808.303 § 1808.303 Risk-Share Pool.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.303.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-1808.104. Check the current official text before relying on it. Not legal advice.