12 C.F.R. § 1806.102 Relationship to the Community Development Financial Institutions Program.
Title 12 - Banks and Banking
(a) Prohibition against double funding. No CDFI may receive a Bank Enterprise Award if it has: (1) An application pending for assistance under the Community Development Financial Institutions Program (part 1805 of this chapter); (2) Directly received assistance from the Fund under the Community Development Financial Institutions Program within the 12-month period prior to the date the Fund selected the Applicant to receive a Bank Enterprise Award; or (3) Ever received assistance under the Community Development Financial Institutions Program for the same activities for which it is seeking a Bank Enterprise Award. (b) Matching funds. Equity Investments and CDFI Support Activities (except technical assistance) provided to a CDFI under this part can be used by the CDFI to meet the matching funds requirements of the Community Development Financial Institutions Program.
Title 12: Banks and Banking
PART 1806—BANK ENTERPRISE AWARD PROGRAM
Subpart A—General Provisions
§ 1806.102 Relationship to the Community Development Financial Institutions Program.
