---
kind: "section"
citation: "12 C.F.R. § 1805.802"
title: "12"
number: "1805.802"
heading: "Payment of funds."
url: "https://uscodex.org/cfr/12/1805.802"
---

# §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.


## Notes

### Authority

Authority: 12 U.S.C. 4703, 4703 note, 4710, 4717; and 31 U.S.C. 321.

### Source

Source: 80 FR 52382, Aug. 31, 2015, unless otherwise noted.