12 CFR 1806.100 - Purpose.

Regulations last checked for updates: Dec 18, 2025

Title 12 - Banks and Banking last revised: Dec 04, 2025

View all text of Subpart A [§ 1806.100 - § 1806.105]

§ 1806.100 - Purpose.

The purpose of the Bank Enterprise Award (BEA) Program is to provide grants to Insured Depository Institutions that provide financial and technical assistance to Community Development Financial Institutions and increase their activities in Distressed Communities.

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 1806.100