BEA Program

E10941

The BEA Program is a U.S. Treasury initiative that provides financial incentives to banks to increase lending, investment, and financial services in economically distressed communities.

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AI-generated illustration of BEA Program

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

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Generate an image of the BEA Program (The BEA Program is a U.S. Treasury initiative that provides financial incentives to banks to increase lending, investment, and financial services in economically distressed communities.)

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Label Occurrences
BEA Program canonical 1

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Statements (32)

Predicate Object
instanceOf United States federal government program ⓘ
community development financial incentive program ⓘ
administeredBy Community Development Financial Institutions Fund ⓘ
U.S. Department of the Treasury ⓘ
aimsTo encourage banks to serve underserved markets ⓘ
leverage private sector resources for community development ⓘ
stimulate economic activity in distressed communities ⓘ
associatedWith Community Development Financial Institutions Fund programs ⓘ
benefits cash awards based on increases in qualified activities ⓘ
country United States ⓘ
eligibleInstitutionType FDIC-insured depository institutions ⓘ
focusArea community development ⓘ
economic development ⓘ
financial inclusion ⓘ
fullName Bank Enterprise Award Program ⓘ
geographicFocus economically distressed communities in the United States ⓘ
incentiveType financial incentives ⓘ
monetary awards ⓘ
jurisdiction United States federal government ⓘ
purpose to encourage investment in economically distressed communities ⓘ
to expand the provision of financial services in economically distressed communities ⓘ
to provide financial incentives to banks to increase lending in economically distressed communities ⓘ
regulatoryContext U.S. Treasury community development initiatives ⓘ
relatedTo Community Development Financial Institutions Program ⓘ
New Markets Tax Credit Program ⓘ
sector banking ⓘ
community development finance ⓘ
supportsActivity equity investments in community development projects ⓘ
increased lending in low-income communities ⓘ
provision of financial services in underserved areas ⓘ
targetAudience banks ⓘ
insured depository institutions ⓘ

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.