Application requirements.

CFR · 2024-01-01 · US · Title 12

(a) (b) (2) The Capital Distribution Plan shall include, but not be limited to, the following information: (i) Statement of Proposed Sources and Uses of Funds; (ii) For the Qualified Issuer and each Certified CDFI seeking a Bond Loan, an organizational capacity statement, a plan that describes how the proposed Bond Loan will meet Eligible Purposes, and a description of Credit Enhancement, if any; (iii) A Secondary Capital Distribution Plan, if applicable; and (iv) Assurances and certifications that not less than 100 percent of the principal amount of Bonds will be used to make Bond Loans for Eligible Purposes beginning on the Bond Issue Date, and that Secondary Loans shall be made as set forth in subsection 1808.307(b).

official document · source cfr-2024 · id 12:§ 1808.401