12 CFR 1806.300 - Eligible Activities.

Regulations last checked for updates: Jan 31, 2025

Title 12 - Banks and Banking last revised: Jan 27, 2025

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§ 1806.300 - Eligible Activities.

§ 1806.301 - Restrictions of use of award.

§ 1806.300 - Eligible Activities.

Recipients of BEA Program Awards must use their payments for the following Eligible Activities:

(a) CDFI Related Activities;

(b) Distressed Community Financing Activities; and

(c) Service Activities, and to comply with the Uniform Administrative Requirements as further described in the applicable NOFA and the Award Agreement.

§ 1806.301 - Restrictions of use of award.

A Recipient may not distribute BEA Program Award funds to an Affiliate without the CDFI Fund's prior written consent.

authority: 12 U.S.C. 1834a,4703,4703 note,4713,4717; 31 U.S.C. 321.

source: 81 FR 52743, Aug. 10, 2016, unless otherwise noted.

cite as: 12 CFR 1806.300