---
kind: "section"
citation: "12 C.F.R. § 1806.100"
title: "12"
number: "1806.100"
heading: "Purpose."
url: "https://uscodex.org/cfr/12/1806.100"
---

# §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.


## Notes

### Authority

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

### Source

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