Award Disbursement. Upon being informed that a loan closing has been completed, HTFC shall disburse the funds via ACH (Automated Clearinghouse) transfer, i.e., direct deposit to either the awardee’s account or construction lender’s account. CPC shall comply with HTFC’s policies and procedures in connection with obtaining the award disbursements.
Appears in 2 contracts
Sources: Program Administrator Agreement, Program Administrator Agreement