legal · go-v.org

Agency Administrative Fee.

CFR · 2024-01-01 · US · Title 12

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.

official document · source cfr-2024 · id 12:§ 1808.605