California Code of Regulations
Title 4 - Business Regulations
Division 11 - California Pollution Control Financing Authority
Article 13 - California Investment and Innovation Program
Section 8140 - Definitions

Universal Citation: 4 CA Code of Regs 8140

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

The following definitions shall apply wherever the terms are used throughout this Article.

(a) "CDFI" means community development financial institution, as defined in Health and Safety Code section 44458, subdivision (d).

(b) "Eligible Activities" means activities that serve the purposes of Health and Safety Code section 44558.3, subdivision (b).

(c) "Grant" means an award of funds made by the Authority to the Grantee to support the Project, as authorized by Health and Safety Code section 44558.1 and this Article.

(d) "Grant Agreement" means the written agreement between the Authority and a Grantee, setting forth the terms and conditions of the use of the Grant.

(e) "Grantee" means an Applicant whose Grant has been approved and has executed a Grant Agreement.

(f) "Market" means an investment area (e.g., affordable housing, health care, small business lending, consumer lending, community facilities financing) or population.

(g) "Project" means the activities to be accomplished through Grant funding.

(h) "Small and emerging CDFI" has the same meaning as that in Health and Safety Code section 44558, subdivision (l).

Note: Authority cited: Sections 44520 and 44558.4, Health & Safety Code. Reference: Sections 44558, 44558.1 and 44558.3, Health & Safety Code.

Note: Authority cited: Sections 44520 and 44558.4, Health & Safety Code. Reference: Sections 44558, 44558.1 and 44558.3, Health & Safety Code.

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