12 C.F.R. § 1806.300

Eligible Activities

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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.

Notes of Decisions

Cited in 1 case, 2011–2011 · leading case: First American International Bank v. Community's Bank

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First American International Bank v. Community's Bank (2011) nysd · cites it 2× “) TCB argues that federal regulations require a BEA Award recipient to comply with any terms and conditions established by CDFIF, see 12 C.F.R. § 1806.300 (a), and that the Award Agreement prohibits it from “assign[ing], pledging] or otherwise transferring] any rights, benefits…”

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