12 C.F.R. § 1808.605

Current through November 30, 2024
Section 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.

12 C.F.R. § 1808.605