12 CFR § 1806.100 - Purpose.

---
identifier: "/us/cfr/t12/s1806.100"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1806.100 - Purpose."
title_number: 12
title_name: "Banks and Banking"
section_number: "1806.100"
section_name: "Purpose."
chapter_name: "COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY"
part_number: "1806"
part_name: "BANK ENTERPRISE AWARD PROGRAM"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1834a, 4703, 4703 note, 4713, 4717; 31 U.S.C. 321."
regulatory_source: "81 FR 52743, Aug. 10, 2016, unless otherwise noted."
cfr_part: "1806"
---


# 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.