12 CFR § 1805.802 - Payment of funds.

---
identifier: "/us/cfr/t12/s1805.802"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1805.802 - Payment of funds."
title_number: 12
title_name: "Banks and Banking"
section_number: "1805.802"
section_name: "Payment of funds."
chapter_name: "COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY"
part_number: "1805"
part_name: "COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 4703, 4703 note, 4710, 4717; and 31 U.S.C. 321."
regulatory_source: "80 FR 52382, Aug. 31, 2015, unless otherwise noted."
cfr_part: "1805"
---


# 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.