---
kind: "section"
citation: "12 C.F.R. § 1808.605"
title: "12"
number: "1808.605"
heading: "Agency Administrative Fee."
url: "https://uscodex.org/cfr/12/1808.605"
---

# §1808.605. Agency Administrative Fee.


The Qualified Issuer shall pay the CDFI Fund annually a fee equal to 10 basis points (0.1 percent) of the amount of the unpaid principal of the Bond(s). The initial Agency Administrative Fee must be paid in full as a condition to closing any Agreement to Guarantee, no later than the effective date of the Agreement to Guarantee.


## Notes

### Authority

Authority: The Small Business Jobs Act of 2010, Pub. L. 111-240, §§ 1134 and 1703; 12 U.S.C. 4713a.

### Source

Source: 78 FR 8310, Feb. 5, 2013, unless otherwise noted.