OMB No. 1559-0032
Schedule 2-C Awardee: ABC Community Bank
BEA Program Award No.: 131BE011107
USES OF BEA PROGRAM AWARD REPORT
If the Awardee receives a Bank Enterprise Award over $50,000, or has made a commitment to serve Persistent Poverty Counties, the Awardee is required to submit the Uses of BEA Program Award Report to the CDFI Fund to demonstrate it has met its Performance Goal. Using an electronic form based on the chart below, the Awardee must report on its uses of the Bank Enterprise Award (or an amount equivalent) for its full Reporting Period.
Each transaction must be listed separately on its own row. Awardees with Persistent Poverty Counties (PPC) commitments are required to identify the transactions that are PPC Investments.
Total BEA Award: $415,000
Total PPC Commitment: $41,500
Report Due Date: 6/30/2015
Performance Period: Effective Date – 12/31/2014
Category of Activity |
Activity Type |
Total Dollar Amount ($) |
PPC Investment |
Census Tract (if the transaction is a Distressed Community Financing or Service Activity) |
CDFI Partner(s) (if CDFI Related Activity) |
Impact |
Qualified |
Distressed Community Financing |
SBL |
$100,000 |
Y |
00000000000 |
N/A |
|
Y |
CDFI Related |
ELL |
$250,000 |
N |
11111111111 |
LISC |
|
Y |
Service |
TFS |
$65,000 |
Y |
22222222222 |
N/A |
|
Y |
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Directions for completing the Use of Award Report: Total Dollar Amount by Column Heading
Category of Activity:
Select the applicable Category of the Activity.
Activity Type:
Select the applicable Activity Type.
Total Dollar Amount:
Input the Total Dollar Amount of the Activity.
PPC Investment:
Indicate (Y/N) whether the investment was a PPC investment.
Census Tract (If the transaction is a Distressed Community Financing or Service Activity):
For Distressed Community Financing or Service Activities, input the census tract number that confirms the funds were deployed in a Distressed Community as defined in the applicable BEA NOFA and BEA Program Interim Rule. If the activity was a CDFI Related Activity, input N/A.
CDFI Partner(s) (If CDFI Related Activity):
For a CDFI Related Activity, list the name of the CDFI that received a loan, technical assistance, or qualifying deposits defined in the applicable BEA NOFA and BEA Program Interim Rule. If the activity was a Distressed Community Financing or Service Activity, input N/A.
Impact:
For Distressed Community Financing Activities and Service Activities listed below, provide the number of the appropriate measure in aggregate for all transactions funded within the category:
Affordable Housing Development: Total number of units developed or rehabilitated as part of the transaction.
Small Business: Total number of full-time equivalent jobs created or maintained by borrower.
Commercial Real Estate: Total number of commercial real estate properties acquired, developed or rehabilitated.
Community Services: Number of individuals who received the identified service funded with the Award.
Financial Services and Targeted Financial Services: Number of accounts opened, checks cashed, etc. as a result of the related program funded with the Award
Targeted Retail Savings/Investment Products: Number of products developed with funds from the Award sold or opened.
File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
Author | Fleites, David |
File Modified | 0000-00-00 |
File Created | 2021-01-23 |