CDFI-0002 Bank Enterprise Award Program Application

Bank Enterprise Award Program Application

1559-0005 BEA Program Application FY 2023-25

OMB: 1559-0005

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OMB Approval No. 1559-0005
CDFI Form: CDFI-0002
Paperwork Reduction Act Notice
This submission requirements package is provided to Applicants for Awards under the Bank
Enterprise Award Program. The estimated average burden associated with this collection of
information is 60 hours per respondent, depending on individual circumstances. Comments
concerning the accuracy of this burden estimate and suggestions for reducing this burden should be
directed to the Department of the Treasury, Community Development Financial Institutions Fund,
1500 Pennsylvania Ave., N.W., Washington, DC 202X0.
Catalog of Federal Domestic Assistance Number: 21.021
The CDFI Fund is an equal opportunity provider.

Please note that the purpose of this document is to provide instructions for completing a FY
202X 1 BEA Program Application. This document is not the FY 202X BEA Program Application
and, therefore, should not be submitted through Grants.gov or the CDFI Fund’s Award
Management Information System (AMIS). DO NOT SUBMIT THIS DOCUMENT.
Except as authorized by law or as incorporated into a contract, the contents of this document do not
have the force and effect of law and are not meant to bind the public in any way. This document is
intended only to provide clarity to the public regarding existing requirements under the law or agency
policies.

This Application will be used during active funding rounds for multiple fiscal years. The fiscal year will be added to the
Application at the time of an active funding round, and will be the fiscal year as stated in the applicable BEA Program Notice
of Funds Availability.
1

CDFI Fund | BEA Program Application

TABLE OF CONTENTS
INTRODUCTION ........................................................................................................................... 4
GENER AL APPLI C ATION INFORM ATIO N ...................................................................... 5
Actual Award Amount ................................................................................................................ 5
Assessment Period Activities .................................................................................................. 5
Baseline Period Activities ......................................................................................................... 5
CDFI Partners ............................................................................................................................... 5
Eligibility Data .............................................................................................................................. 6
Compliance and Reporting Requirement .............................................................................. 7
APPLIC ATION ELIGIBILI TY F AC TO RS ........................................................................... 9
FDIC-Insured Depository Status.............................................................................................. 9
Certification Status ..................................................................................................................... 9
CDFI Program Award Status..................................................................................................... 9
Prior CDFI Fund Award Recipients or Allocatees ............................................................... 9
Double Funding.......................................................................................................................... 10
GENER AL APPLI C ATION INSTRUCTIONS .................................................................. 11
System Access ........................................................................................................................... 11
BEA Program Application Submission Guidance ............................................................ 12
P ART I. GR ANTS.G OV: GR ANTS APPLIC ATION P ACK AG E ............................. 15
Table 3: Standard Form (SF) – 424 Mandatory Instructions .......................................... 15
Assurances and Certifications............................................................................................... 17
P ART II. AMIS: BE A PROGR AM ELECTRONIC APPLI C ATION ........................ 24
Forms and Certifications ......................................................................................................... 25
Table 4: Applicant Information............................................................................................... 28
Environmental Review Questions ......................................................................................... 30
Table 5: Reporting BEA Qualified Activities ...................................................................... 32
Table 6: Transactions to be Considered for an Award .................................................... 35
Table 7: Estimated BEA Program Award Calculation ...................................................... 39
Recipient Profile ........................................................................................................................ 44
Table 8: Projected Use of BEA Program Award ................................................................ 44
REPO RTING QU ALI FIED ACTI VI TIES AND SUPPORTI NG
DOCUMENTATION ................................................................................................................ 45
Qualified Activity Documentation - CDFI Related Activities .......................................... 53
Qualified Activity Documentation - Distressed Community Financing Activities.... 54
CDFI Fund | BEA Program Application

Qualified Activity Documentation - Service Activities ..................................................... 57
Instructions for Uploading Qualified Activity Documentation ...................................... 58

CDFI Fund | BEA Program Application

INTRODUCTION
Capitalized terms (other than titles) are defined in the BEA Program Regulations (12 C.F.R.
Part 1806), the Notice of Funds Availability (NOFA) for the FY 202X BEA Program Application,
the FY 202X BEA Program Application, or the FY 202X BEA Program Supplemental Guidance
and Frequently Asked Questions for Applicants. All of these documents may be downloaded
from the CDFI Fund’s website at www.cdfifund.gov. Certain terms used throughout the
Application have meanings unique to the BEA Program. The CDFI Fund encourages each
Applicant to review the BEA Program Regulations, NOFA, and the BEA Supplemental
Guidance to be familiar with these meanings, as well as other program requirements.

The Bank Enterprise Award Program (BEA Program), complements the community development
activities of banks and thrifts (collectively referred to as Depository Institutions for purposes of this
Application), by providing financial incentives to expand investments in CDFIs and to increase lending,
investment, and service activities within the most economically Distressed Communities. Providing
monetary awards for increasing community development activities leverages the CDFI Fund's dollars
and puts more capital to work in Distressed Communities throughout the nation.
Information on the CDFI Fund’s programs can be found on the CDFI Fund’s website at
www.cdfifund.gov. From the home page navigation bar, click on “Programs & Training,” then
“Programs,” for the various programs of interest.

The CDFI Fund expects to award up to $TBD for the FY 202X BEA Program Award
Application. The CDFI Fund reserves the right to fund, in whole or in part, any, all or none of
the Applications submitted in response to the FY 202X BEA Program NOFA.

CDFI Fund | BEA Program Application

GENERAL APPLICATION INFORMATION
Actual Award Amount
The CDFI Fund will determine the eligibility of each transaction an Applicant has submitted for
consideration in its FY 202X BEA Program Application. Based upon this review, the CDFI Fund will
calculate the Actual Award Amount for which the Applicant is eligible. The CDFI Fund will determine
Actual Award Amounts based upon the availability of funds, increase in qualified activities from the
Baseline Period to the Assessment Period, the CDFI certification status of the Applicant, and the total
assets of an Applicant. In calculating the increase in qualified activities, the CDFI Fund will determine
the eligibility of each transaction an Applicant has submitted for consideration for a BEA Program
Award. In some cases, the actual Award amount calculated by the CDFI Fund may not be the same
as the estimated Award amount requested by the Applicant.
If the CDFI Fund determines an Applicant is eligible to receive an Award for qualified activities in more
than one category, the CDFI Fund will combine the Award amounts into a single BEA Program Award.

Assessment Period Activities
Qualified activities occurring during the Assessment Period must have occurred between DATE, and
DATE. 2 Qualified activities during the Assessment Period are required to either be related to
Certified CDFIs or businesses and residents located in a Distressed Community and meet any
applicable eligibility requirements specified in the FY 202X BEA Program Application, BEA Program
Regulations (12 C.F.R. Part 1806), or FY 202X BEA Program NOFA.

Baseline Period Activities
Qualified activities occurring during the Baseline Period must have occurred between DATE and
DATE. 3 Qualified activities during the Baseline Period are required to either be related to certified
CDFIs or businesses and residents located in a Distressed Community and meet any applicable
eligibility requirements specified in the FY 202X BEA Program Application, BEA Program Regulations
(12 C.F.R. Part 1806), or FY 202X BEA Program NOFA. Applicants are not required to submit
documentation for Baseline Period qualified activities.

CDFI Partners
An eligible CDFI Partner is an entity that has been provided assistance in the form of CDFI Related
Activities by an unaffiliated Applicant and was a certified CDFI at the time assistance was provided.
CDFI Partners that receive CDFI Support Activities from an Applicant must be Integrally Involved in a
Distressed Community. Applicants will be required to certify that all CDFI Partners receiving CDFI
Support Activities from an Applicant meet the definition of Integrally Involved as stated in the applicable
FY 202X BEA Program NOFA. To meet this requirement, Applicants must provide evidence each
CDFI Partner that is the recipient of CDFI Support Activities is Integrally Involved in a Distressed
Community by submitting the “Integral Involvement Form for CDFI Support Activities” for each CDFI
This Application will be used during active funding rounds for multiple fiscal years. The Assessment Period date will be
added to the Application at the time of an active funding round, and will be the date as stated in the applicable BEA Program
Notice of Funds Availability.
3
This Application will be used during active funding rounds for multiple fiscal years. The Baseline Period date will be added to
the Application at the time of an active funding round, and will be the date as stated in the applicable BEA Program Notice of
Funds. The Baseline Period is the period preceding the Assessment Period.
2

CDFI Fund | BEA Program Application

Support Activities transaction included in the application. This form is available on the BEA Program
page of the CDFI Fund’s website. A copy has also been provided in Part II of this Application. CDFI
Partners may reference Appendix 2: Examples of Integral Involvement in the FY 202X BEA
Supplemental Guidance/ FAQ document for determining whether it is Integrally Involved in one or
more BEA Distressed Communities. Proof of Integral Involvement can be obtained from the CDFI
Partner at the time the transaction is closed (or after) and must be submitted as supporting
documentation by the Applicant.

Eligibility Data
FY 202X BEA Program Applicants must use the 2016-2020 American Community Survey BEA
Program Eligibility Data provided by the CDFI Fund to determine if Qualified Activities occurred in
Distressed Communities during the Baseline Period and Assessment Period. The data is available in
tabular format on the CDFI Fund’s website. The data is also available in an interactive format in the
CDFI Fund’s Information Mapping System (CIMS). Using CIMS is best for Applicants that need to
geocode transactions, but can also be used for other purposes.
CDFI FUND’S INFORMATION MAPPING SYSTEM (CIMS)
Applicants can refer to the CDFI Fund’s Information Mapping System (CIMS) manual on the BEA
Program page of the CDFI Fund’s webpage for guidance on determining the BEA Program Eligibility
of the census tracts. Applicants that do not know the census tract associated with an address must
use CIMS to geocode the address, obtain the 11-digit census tract number, and determine the BEA
Program Eligibility of the census tract. Applicants should note CIMS now indicates whether a census
tract is in an area that meets Persistent Poverty County (PPC) criteria. Applicants that use CIMS to
determine whether a census tract is in an area that meets PPC criteria will see the result as a “Yes”
or “No” in the ‘Persistent Poverty County’ field. This information is also available in the tabular data.
TABULAR BEA PROGRAM ELIGIBILITY DATA
Applicants with an 11 digit census tract number have the option to use the tabular BEA Program
Eligibility Data located on the CDFI Fund’s public website. The data indicates whether a BEA eligible
census tract is designated as a PPC. Applicants are advised that if they elect to make a PPC
commitment, the PPC designation is in addition to and not in lieu of, statutory BEA Program Distressed
Community Eligibility. The 2016-2020 American Community Survey tabular BEA Program Eligibility
data can be accessed by using the following link:
https://www.cdfifund.gov/sites/cdfi/files/documents/bea-acs_2015_v12-3.17.2020.xlsb

CONTIGUITY DETERMINATIONS FOR PARTIALLY QUALIFIED CENSUS TRACTS
1. The BEA Program provides flexibility for partially qualified census tracts that do not individually
meet minimum statutory eligibility requirements to be considered eligible, if when combined
with one or more directly contiguous census tracts, minimum statutory eligibility requirements
are collectively met. Applicants that use CIMS to determine whether a partially qualified
census tract qualifies for BEA based on contiguity will see the result as a “Yes” or “No” in the
‘Qualified Based on Contiguity’ field.
2. Applicants using the tabular data will see a column that displays a “Yes” or “No” to indicate
whether a partially qualified census tract qualifies based on contiguity.
CDFI Fund | BEA Program Application

LOW AND MODERATE INCOME RESIDENT DETERMINATION
1. Applicants can also use either CIMS or the tabular data to determine whether a census tract
meets the Low and Moderate Income Resident requirement. Applicants should use the
Median Family Income data for the census tract as a proxy for determining whether their
borrowers meet BEA Program Low and Moderate Income Resident requirements. Low and
Moderate Income Residents are defined as follows in the FY 202X BEA Program Notice of
Funding Availability (NOFA).
a. Low Income means borrower income does not exceed 80% of the area median income;
and
b. Moderate Income means borrower income may be 81% to no more than 120% of the area
median income, according to the U.S. Census Bureau data.
PERSISTENT POVERTY COUNTIES 4
The CDFI Fund’s appropriation 5 requires at least 10% of BEA Program funds be used for Awards that
support investments that serve populations living in Persistent Poverty Counties (PPCs). In order to
meet this requirement, FY 202X BEA Program Applicants will be required to complete Table 8:
Projected Use of BEA Program Award to indicate the minimum and maximum percentage of the
Estimated BEA Program Award the Applicant will commit to deploying in Distressed Communities
which are also defined as a PPC.
Since the CDFI Fund must ensure this Congressional mandate is met, these commitments will be
considered when making Award decisions. If the CDFI Fund should determine, upon initial analysis of
the pool of Award Recipients, the 10% PPC requirement has not been met, preference will be given
to Applicants committed to deploying at least 10% of their BEA Program Award to PPCs.
The Persistent Poverty Counties data can be accessed by using the following link:
https://www.cdfifund.gov/sites/cdfi/files/documents/cdfi-ppc-feb19-2020.xls

Applicants that commit to serving PPCs and are selected to receive an FY 202X BEA Program Award,
will have their PPC commitment incorporated into their Award Agreement as a performance goal which
will be subject to compliance and reporting requirements.
The BEA Program Eligibility Data indicates whether a census tract also meets “Persistent Poverty
County” criteria. Applicants are strongly encouraged to review the BEA Program Eligibility Data prior
to making a Persistent Poverty County commitment. A link to the updated BEA Program Eligibility Data
has been provided on page 8 under the heading ‘TABULAR BEA PROGRAM ELIGIBILITY DATA’.

Compliance and Reporting Requirement
All BEA Program Award Recipients are required to use their BEA Program Award for additional BEA
qualified activities. All BEA Program Award Recipients are subject to compliance and reporting
requirements. Compliance and reporting requirements will be included as terms and conditions of the
The term “Persistent Poverty County” means any county, including county equivalent areas in Puerto Rico, that has had
20% or more of its population living in poverty over the past 30 years, as measured by the 1990 and 2000 decennial
censuses and the 2016-2020 5-year data series available from the American Community Survey of the Census Bureau or
any other territory or possession of the United States that has had 20% or more of its population living in poverty over the past
30 years, as measured by the 1990, 2000 and 2010 Island Areas Decennial Censuses, or equivalent data of the Bureau of
the Census.
5
Consolidated Appropriations Act, 202X (Public Law Number 116-XXX)
4

CDFI Fund | BEA Program Application

Award Agreement and made contingent to receipt of the Award. Reports are due 90 days from the
end of the Period of Performance, as specified in the Award Recipient’s Award Agreement.

CDFI Fund | BEA Program Application

APPLICATION ELIGIBILITY FACTORS
FDIC-Insured Depository Status
The legislation authorizing the BEA Program specifies that eligible Applicants for the BEA Program
must be Insured Depository Institutions, as defined in 12 U.S.C. §1813(c)(2). As set forth in the
applicable NOFA, for the FY 202X BEA Program Application, an Applicant must have been FDICinsured as of the first day of the Baseline Period, DATE, and maintain its FDIC-insured status at the
time of the Application to be eligible for consideration for a BEA Program Award. The Depository
Institution Holding Company of an Insured Depository Institution may not apply on behalf of an Insured
Depository Institution. Applications received from Depository Institution Holding Companies will be
considered ineligible.

Certification Status
Although the only eligibility criteria is for Applicants to be FDIC-insured as noted above, funding priority
is given to certified CDFIs. Applicants can apply as a certified CDFI or as a non-certified CDFI. To
apply as a certified CDFI, an Applicant must have received its certification designation from the CDFI
Fund by the end of the Assessment Period (December 31, 202X for the FY 202X BEA Program
Application and maintain its status as a certified CDFI at the time BEA Program Awards are announced
under the FY 202X BEA Program NOFA. Please note that additional information on the CDFI
Certification requirements can be found at: www.cdfifund.gov/cdficert.
The Applicant’s CDFI certification status is displayed in AMIS on their organization detail page. If the
Applicant believes the certification status displayed is not accurate, the Applicant should contact the
CDFI Fund’s Office of Certification, Policy and Evaluation by submitting an AMIS Service Request.

CDFI Program Award Status
As stated in the FY 202X BEA Program NOFA, no CDFI Program Applicant may receive an FY 202X
BEA Program Award if it has: (1) an application pending for assistance under the FY 202X round of
the Community Development Financial Institutions Program (CDFI Program); (2) been included on the
list of Award Recipients under the CDFI Program award announcement within the 12-month period
prior to the Federal Award Date of the FY 202X BEA Program Award Agreement; (3) executed an
assistance agreement with the CDFI Fund under the CDFI Program within the 12-month period prior
to the Federal Award Date of the FY 202X BEA Program Award Agreement issued by the CDFI
Program; or (4) ever received assistance under the CDFI Program for the same activities for which it
is seeking a FY 202X BEA Program Award. Please note that Applicants may apply for both a CDFI
Program Award and a BEA Program Award in FY 202X; however, meeting any of the aforementioned
criteria described above removes an Applicant from eligibility for an FY 202X BEA Program Award.

Prior CDFI Fund Award Recipients or Allocatees
The FY 202X BEA Program NOFA includes certain eligibility requirements generally applied to
Applicants that are prior Award Recipients or Allocatees under other CDFI Fund programs.
COMPLIANCE STATUS
If an Applicant that is a prior Award Recipient or Allocatee under any CDFI Fund program: (i) has
demonstrated it has been noncompliant with or in default of a previous assistance agreement, award
CDFI Fund | BEA Program Application

agreement, allocation agreement, bond loan agreement, or agreement to guarantee and, (ii) the CDFI
Fund has yet to make a final determination as to whether the entity is in noncompliance with or in
default of its previous agreement, the CDFI Fund will consider the Applicant’s Application pursuant to
the FY 202X BEA Program NOFA pending full resolution, in the sole determination of the CDFI Fund,
of the noncompliance.
NONCOMPLIANCE OR DEFAULT STATUS
CDFI Fund will not consider an Application submitted by an Applicant (or Affiliate of such Applicant)
that is a prior CDFI Fund Award Recipient or Allocatee under any CDFI Fund program if, as of the
Application deadline: (i) the CDFI Fund has made a final determination that such Applicant is in
noncompliance with or in default of a previously executed assistance agreement, award agreement,
allocation agreement, bond loan agreement, or agreement to guarantee, and (ii) the CDFI Fund has
provided written notification that such entity is ineligible to apply for or receive any future CDFI Fund
awards or allocations.
Such entities will be ineligible to submit an Application for such time period as specified by the CDFI
Fund in writing.

Double Funding
A BEA Program Applicant may not submit as qualified activities any transactions funded with Award
proceeds from another CDFI Fund program or other federal programs.

CDFI Fund | BEA Program Application

GENERAL APPLICATION INSTRUCTIONS
System Access
AWARDS MANAGEMENT INFORMATION SYSTEM (AMIS) ACCOUNT
To apply for a BEA Program Award, all Applicants are required to register in AMIS, the CDFI Fund’s
enterprise-wide business system, by creating a user account. For additional guidance on creating an
AMIS account, please visit the AMIS Homepage: https://amis.cdfifund.gov/s/AMISHome. See Part II.
AMIS: BEA Program Electronic Application for additional details on AMIS submission.
Applicants with existing AMIS accounts should make sure that the information is current before
beginning their BEA application. For more information on AMIS accounts, please see AMIS training
materials posted at: https://amis.cdfifund.gov/s/Training.
SAM.GOV
An active System for Awards Management (SAM) account is required to submit Part I of the BEA
Program Application, the Grants Application Package, in Grants.gov. SAM registration is required
before any Application for Federal grants or forms of Federal financial assistance can be successfully
submitted via Grants.gov. Recent procedural changes to SAM.gov have increased the time it takes to
register, activate, update, or renew a SAM.gov account. The SAM.gov process can take three weeks
or longer to complete; therefore, Applicants are strongly encouraged to begin the registration process
or confirm that their accounts are up-to-date as soon as possible in order to avoid potential application
submission problems. The CDFI Fund will not consider any Applicants that fail to properly register,
activate, or maintain a valid SAM.gov account and, as a result, is unable to submit its Grants
Application Package in Grants.gov or FY 202X BEA Program Application in AMIS by the respective
deadlines. Applicants must have established a SAM.gov account by no later than 30 days after the
release of the FY 202X BEA Program NOFA. For additional information regarding the SAM registration
deadlines for timely submission of Part I of the BEA Program Application, please see Section IV.F. of
the FY 202X BEA Program NOFA.
Applicants must contact SAM directly with questions related to SAM, as the CDFI Fund does not
administer or maintain this system. For more information about SAM, please visit: www.SAM.gov or
call 866-606-8220.
GRANTS.GOV
The Grants Application Package consists of one item, the SF–424 Mandatory. The CDFI Fund
requires Applicants to submit Part I of the BEA Program Application, including the SF–424 Mandatory,
through the official website for federal grant information and applications (www.Grants.gov). The
Grants.gov registration process requires Applicants to have an active SAM.gov account, therefore,
Applicants are advised to complete the SAM.gov process at least 48 hours in advance of the Grants
Application Package deadline. For additional information regarding the Grants.gov deadlines for timely
submission of Part I of the BEA Program Application, please see Section IV.D. of the FY 202X BEA
Program NOFA. See PART I. GRANTS.GOV: GRANTS APPLICATION PACKAGE, for additional
details on Grants.gov submission.
Applicants with questions about the Grants.gov registration or that experience technical difficulties
submitting the Grants Application Package should contact Grants.gov and not the CDFI Fund, as the

CDFI Fund | BEA Program Application

CDFI Fund does not administer or maintain Grants.gov. The Grants.gov help desk can be reached by
phone at 1-800-518-4726 or via email at [email protected].
UEI & EIN
Applicants are also advised that a valid Unique Entity Identifier (UEI) number and Employer
Identification Number (EIN) are required for SAM.gov registration and for Grants.gov submission.
Applicants should allow sufficient time to obtain this information. Applicants unable to submit their
Grants Application Package via Grants.gov by the deadline as a result of a failure to obtain a UEI
number or to register with SAM.gov will not be allowed to submit their Grants Application Package
subsequent to the application deadline. For additional information regarding the UEI requirements for
timely submission of Part I of the BEA Program Application, please see Section IV.E. of the FY 202X
BEA Program NOFA.

BEA Program Application Submission Guidance
APPLICATION PACKAGE
The BEA Program Application Package is organized by method of submission and consists of two
Parts:
•
•

Part I. Grants.gov: Grant Application Package (SF-424 Mandatory) submitted electronically
through www.Grants.gov 6;
Part II. AMIS: BEA Program Electronic Application submitted through AMIS.

Additional detail on how to complete a BEA Program Application can be found below in Table 1: BEA
Program Application Package Submission Guidance and Deadlines.
APPLICATION DEADLINES
The Application Package must be received by the deadlines listed in Table 1: BEA Program
Application Package Submission Guidance and Deadlines. Please note the different submission
deadlines for Part I (materials submitted through Grants.gov) and Part II (materials submitted in AMIS)
of the BEA Program Application Package.
Table 1: BEA Program Application Package Submission Guidance and Deadlines
Part

Required
For

Application Component

Submission
Procedure

Submission
Deadline

Submitted
electronically
through
Grants.gov

TBD at 11:59 pm ET

Part I. Grants.gov

All Applicants

Grant Application Package:
Application for Federal
Assistance Mandatory Form
(SF-424 Mandatory)

Part II. AMIS

All Applicants

Last Day to register a user or
organization in AMIS

TBD at 5:00 pm ET

Grants.gov is the official Federal government-wide website, as required by Public Law 106-107 and Section 5(a) of the
Federal Financial Assistance Management Improvement Act;

CDFI Fund | BEA Program Application

Table 1: BEA Program Application Package Submission Guidance and Deadlines
Last Day to Enter, Edit or
Delete BEA Transaction in
AMIS:
• Includes census tract
entry, address verification,
and uploading supporting
documentation.

Submitted
electronically
through AMIS

BEA Program Electronic
Application Submission:

TBD at 5:00 pm ET

• Application Information

and Questions - Follow
AMIS instructions for
uploading supporting
documentation for
transactions, when
applicable.

ENSURING THAT THE APPLICATION PACKAGE IS COMPLETE
An Applicant must complete and submit all required Application materials in compliance with all
requirements of the FY 202X BEA Program NOFA, BEA Program Regulations, and this Application
by the applicable deadlines. A complete Application package is one that includes all required materials
described above.
CONTACTING THE CDFI FUND, GRANTS.GOV AND SAM.GOV
The CDFI Fund will respond to Application-related questions between the hours of 9:00 a.m. and 5:00
p.m. ET, through TBD (two business days before the deadline for Part II (b): BEA Program Electronic
Application submitted via AMIS). This includes questions related to BEA transactions and address/
census tract verifications.
The CDFI Fund will not respond to phone calls or e-mail inquiries that are received after 5:00 p.m. ET
on, TBD, until after the deadline for Part II (b): BEA Program Electronic Application submitted via
AMIS.
The CDFI Fund will respond to technical issues related to AMIS accounts and electronic application
submission through 5:00 p.m. ET, on TBD (the deadline for Part II: BEA Program Electronic
Application submitted via AMIS). Please note that these are not toll free numbers.
Applicants must contact Grants.gov and SAM directly with questions related to these systems, as
the CDFI Fund does not administer or maintain them.
Table 2: Contact Information
Point of Contact

Phone Number

Electronic
Communication

Reason for Contact

CDFI Fund Main
Office

202-653-0300

www.cdfifund.gov

General inquiries; phone numbers for support;
access to program web page.

202-508-0089 fax

CDFI Fund | BEA Program Application

Table 2: Contact Information
Note: An Applicant that is unsure about the
disbursement status of any prior Award should
contact the CDFI Fund by sending an e-mail to:
[email protected]
BEA Program

202-653-0421

BEA AMIS Service
Requests

BEA Program specific or application related
questions.

Certification,
Compliance
Monitoring and
Evaluation

202-653-0423

Certification,
Compliance and
Reporting AMIS
Service Requests

Certification status or status of compliance with
other Awards including outstanding reports.

IT Support

202-653-0422

IT AMIS Service
Requests or
[email protected]

Registering and creating accounts in AMIS;
technical support for the Electronic Application in
AMIS.

Grants.gov: Help
Desk

1-800-518-4726

[email protected]

Registering and submitting the Grants Application
Package.

SAM.gov:
Federal Service
Desk

1-800-606-8220

Web form via:
https://www.fsd.gov/fs
d-gov/login.do

Registering and maintaining account in order to
submit the Grants Application Package in
Grants.gov.

•

For questions regarding completion of the Application materials, the preferred electronic
method of contact with the BEA Program Office is to submit a Service Request (SR) within
AMIS. For the SR, select “BEA Program” from the Program drop down menu of the Service
Request.

•

For Compliance & Reporting related questions, the preferred electronic method of contact is
to submit a Service Request (SR) within AMIS. For the SR, select “Compliance and
Reporting” from the Program drop down menu of the Service Request.

•

For Information Technology support, the preferred method of contact is to submit a Service
Request (SR) within AMIS. For the SR, select “Technical Issues” from the Program drop
down menu of the Service Request.

CDFI Fund | BEA Program Application

PART I. GRANTS.GOV: GRANTS APPLICATION
PACKAGE
In accordance with federal regulations, the CDFI Fund requires Part I of the BEA Program
Application, the Grants Application Package, to be submitted through the official website for federal
grant information and applications (www.Grants.gov). The Grants Application Package is required
for all Applicants. Electronically submitting the Grants Application Package certifies that the
Applicant attests that the information in the application is true, complete, and accurate, and also
certifies that the Applicant will comply with the Assurances and Certifications if a BEA Program
Award is made. Details for completing the Standard Form (SF) – 424 Mandatory located within the
Grants Application Package are provided below in Table 3: Standard Form (SF – 424 Mandatory
Instructions & Field Descriptions. Please refer to page 12 regarding ample time to register with
Grants.gov and contact information for any technical difficulties you may encounter.

Table 3: Standard Form (SF) – 424 Mandatory Instructions
The SF- 424 Mandatory is located in the ‘Mandatory Documents’ box of the downloaded Grant
Application Package in Grants.gov. To access the form, select SF- 424 Mandatory, then click on the
‘Move Form to Complete’ button. The SF- 424 Mandatory will move to the ‘Mandatory Documents for
Submission’ box. Click on the ‘Open Form’ button to open the form.

Table 3: SF – 424 Mandatory Instructions & Field Descriptions
Please note only the fields highlighted in Yellow (on Grants.gov) are mandatory. The other fields are
not required. Table 3: SF – 424 Mandatory Instructions & Field Descriptions lists the fields and
indicates those that are required.
Field

Required

Instructions

1.a. Type of Submission:

Yes

‘Application’ is automatically selected

1.b. Frequency

Yes

‘Annual’ is automatically selected

1.c. Consolidated Application/Plan/Funding
Request

Yes

‘No’ is automatically selected

1.d. Version

Yes

‘Initial’ is automatically selected

2. Date Received:

Yes

Automatically filled by the system upon submission –
no entry necessary.

3. Applicant Identifier:

Not Applicable – leave blank

4.a. Federal Entity Identifier:

Not Applicable – leave blank

4.b. Federal Award Identifier:

Yes

Enter “21.021”

5. Date Received by State

State use only: Not Applicable – leave blank

6. State Application Identifier

State use only: Not Applicable – leave blank.

7.a. Applicant Information: Legal Name

Yes

Enter the legal name of the Applicant.

CDFI Fund | BEA Program Application

Yes

Enter the Applicant’s EIN/TIN. The EIN/TIN must
match the EIN/TIN in the Applicant’s AMIS
organization profile.

7.c. Organizational UEI:

Yes

Enter the Applicant’s UEI. The UEI must match the
UEI in the Applicant’s AMIS organization profile.

7.d. Address:

Yes

Complete all fields with Applicant’s mailing address.
Include 9-digit zip.

7.e. Organizational Unit:

Not Applicable – leave blank.

7.f. Name and contact information of person to
be contacted on matters involving this
Application:

Yes

Enter a Contact Person, other than the Authorized
Representative (AR), who can answer questions about
the submission. The Contact Person (name and
contact information) identified here must match a
User/Contact Person information in the Applicant’s
AMIS account. Organizational Affiliation: leave blank.

8.a. Type of Applicant:

Yes

Select the most appropriate description from list of
dropdown options.

8.b. Additional Description

Yes

Not Applicable – leave blank

9. Name of Federal Agency

Yes

Pre-filled – no entry necessary.

10. Catalog of Federal Domestic Assistance
Number / CFDA Title:

Pre-filled – no entries necessary. If not, enter 21.021.

11. Descriptive Title of Applicant’s Project

Enter the category description of qualified activities
which are being considered for a BEA Program Award
(e.g., CDFI Related Activities, Distressed Community
Financing Activities, or Service Activities).

12. Areas Affected by Funding

Not Applicable – leave blank

13. Congressional Districts Of: (a) Applicant;
and (b) Program/Project

Yes

See www.house.gov to find congressional district. Use
same for both boxes.

14. Funding Period: (a) Start Date; and (b) End
Date

Yes

Start Date: Enter “TBD”; End Date: Enter “TBD”

15. Estimated Funding: (a) Federal ($); and (b)
Match ($)

Yes

If Applicant has already completed its BEA Program
Electronic Application, enter the Estimated BEA
Program Award Calculation amount for Federal.
Otherwise, enter an estimated Award amount, not
exceeding $1,000,000, for Federal. Enter zeros in
other boxes.

16. Is Submission Subject to Review by State:

Yes

Select option C.

17. Is the Applicant Delinquent on Any Federal
Debt:

Yes

Answer and provide explanation if “Yes” selected.

CDFI Fund | BEA Program Application

Yes

Worksheet: Consolidated
Application/Plan/Funding Request Explanation

Worksheet: Applicant Federal Debt Delinquent
Explanation

Click the ‘I Agree’ button. Complete all fields for AR
information. AR (name and contact information) must
match the Authorized Representative’s information in
the Applicant’s AMIS account.

Not Applicable – leave blank

Complete if applicable

Assurances and Certifications
The Assurances and Certifications have been provided below. Applicants can also view them on:
•

Grants.gov - www.grants.gov under the “Related Documents” tab when viewing the FY 202X
BEA Program Application grant opportunity; and

•

The BEA Program Page on the CDFI Fund’s website: https://www.cdfifund.gov/programstraining/Programs/bank_enterprise_award/Pages/apply-step.aspx#step1

Applicants are advised that by signing the certification on the SF- 424 Mandatory Form they are
certifying that they will comply with the Assurances and Certifications listed below if an Award is
made. The CDFI Fund acknowledges that certain provisions of the Assurances and Certifications
may not be applicable to every Applicant. An Applicant may not modify any of the Assurances and
Certifications.
A. SF - 424B: Assurances -- Non-Construction Programs
As the duly authorized representative of the Applicant, I certify that the Applicant:
1. Has the legal authority to apply for Federal assistance, and the institutional, managerial and
financial capability (including funds sufficient to pay the non-Federal share of project costs) to
ensure proper planning, management and completion of the project described in this
Application.
2. Will give the awarding agency, the Comptroller General of the United States, and if
appropriate, the State, through any authorized representative, access to and the right to
examine all records, books, papers, or documents related to the Award; and will establish a
proper accounting system in accordance with generally accepted accounting standards or
agency directives.
3. Will establish safeguards to prohibit employees from using their positions for a purpose that
constitutes or presents the appearance of personal or organizational conflict of interest, or
personal gain.

CDFI Fund | BEA Program Application

4. Will initiate and complete the work (activities in Application) within the applicable time frame
after receipt of approval of the awarding agency.
5. Will comply with the Intergovernmental Personnel Act of 1970 (42 U.S.C. 4728-4763) relating
to prescribed standards for merit systems for programs funded under one of the nineteen
statutes or regulations specified in Appendix A of Ohm’s Standards for a Merit System of
Personnel Administration (5 C.F.R. 900, Subpart F).
6. Will comply with all Federal statutes relating to nondiscrimination. These include but are not
limited to: (a) Title VI of the Civil Rights Act of 1964 (P.L.88-352) which prohibits
discrimination on the basis of race, color or national origin; (b) Title IX of the Education
Amendments of 1972, as amended (20 U.S.C.1681-1683, 1685-1686), which prohibits
discrimination on the basis of sex; (c) Section 504 of the Rehabilitation Act of 1973, as
amended (29 U.S.C.794), which prohibits discrimination on the basis of handicaps; (d) the
Age Discrimination Act of 1975, as amended (42 U.S.C.6101-6107), which prohibits
discrimination on the basis of age; (e) the Drug Abuse Office and Treatment Act of 1972 (P.L.
92-255), as amended, relating to nondiscrimination on the basis of drug abuse; (f) the
Comprehensive Alcohol Abuse and Alcoholism Prevention, Treatment and Rehabilitation Act
of 1970 (P.L.91-616), as amended, relating to nondiscrimination on the basis of alcohol
abuse or alcoholism; (g) Sections 523 and 527 of the Public Health Service Act of 1912 (42
U.S.C. 290 dd-3 and 290 ee-3), as amended, relating to confidentiality of alcohol and drug
abuse patient records; (h) Title VIII of the Civil Rights Act of 1968 (42 U.S.C.3601 et seq.), as
amended, relating to nondiscrimination in the sale, rental or financing of housing; (i) any other
nondiscrimination provisions in the specific statute(s) under which application for Federal
assistance is being made; and (j) the requirements of any other nondiscrimination statutes
which may apply to the Application.
7. Will comply, or has already complied, with the requirements of Titles II and III of the Uniform
Relocation Assistance and Real Property Acquisition Policies Act of 1970 (P.L. 91-646) which
provide for fair and equitable treatment of persons displaced or whose property is acquired as
a result of Federal or federally assisted programs. These requirements apply to all interests in
real property acquired for project purposes regardless of Federal participation in purchases.
8. Will comply with the provisions of the Hatch Act (5 U.S.C.1501-1508 & 7324-7328) which limit
the political activities of employees whose principal employment activities are funded in whole
or in part with Federal funds.
9. Will comply, as applicable, with the provisions of the Davis-Bacon Act (40 U.S.C. 276a to
276a-7), the Copeland Act (40 U.S.C. 276c and 18 U.S.C. 874), and the Contract Work
Hours and Safety Standards Act (40 U.S.C. 327-333), regarding labor standards for federally
assisted construction sub agreements.
10. Will comply, if applicable, with flood insurance purchase requirements of Section 102(a) of
the Flood Disaster Protection Act of 1973 (P.L. 93-234) which requires recipients in a special
flood hazard area to participate in the program and to purchase flood insurance if the total
cost of insurable construction and acquisition is $10,000 or more.
11. Will comply with environmental standards which may be prescribed pursuant to the following:
(a) institution of environmental quality control measures under the National Environmental
Policy Act of 1969 (P.L.91-190) and Executive Order (EO) 11514; (b) notification of violating
CDFI Fund | BEA Program Application

facilities pursuant to EO 11738; (c) protection of wetlands pursuant to EO 11990; (d)
evaluation of flood hazards in floodplains in accordance with EO 11988; (e) assurance of
project consistency with the approved State management program developed under the
Coastal Zone Management Act of 1972 (16 U.S.C. 1451et seq.); (f) conformity of Federal
actions to State Implementation Plans under Section 176(c) of the Clean Air Act of 1955, as
amended (42 U.S.C. 7401 et seq.); (g) protection of underground sources of drinking water
under the Safe Drinking Water Act of 1974, as amended, (P.L.93-523); and (h) protection of
endangered species under the Endangered Species Act of 1973, as amended, (P.L.93-205).
12. Will comply with the Wild and Scenic Rivers Act of 1968 (16 U.S.C. 1271 et seq.) related to
protecting components or potential components of the national wild and scenic rivers system.
13. Will assist the awarding agency in assuring compliance with Section 106 of the National
Historic Preservation Act of 1966, as amended (16 U.S.C. 470), EO 11593 (identification and
protection of historic properties), and the Archaeological and Historic Preservation Act of
1974 (16 U.S.C. 469a-1 et seq.).
14. Will comply with P.L. 93-348 regarding the protection of human subjects involved in research,
development, and related activities supported by this Award of assistance.
15. Will comply with the Laboratory Animal Welfare Act of 1966 (P.L. 89-544, as amended, 7
U.S.C. 2131 et seq.) pertaining to the care, handling, and treatment of warm blooded animals
held for research, teaching, or other activities supported by this Award of assistance.
16. Will comply with the Lead-Based Paint Poisoning Prevention Act (42 U.S.C. 4801 et seq.)
which prohibits the use of lead based paint in construction or rehabilitation of residence
structures.
17. Will cause to be performed the required financial and compliance audits in accordance with
the Single Audit Act of 1984.
18. Will comply with all applicable requirements of all other Federal laws, executive orders,
regulations and policies governing this program.
19. Will comply with the requirements of Section 106(g) of the Trafficking Victims Protection Act
(TVPA) of 2000, as amended (22 U.S.C. 7104) which prohibits grant award recipients or a
sub-recipient from (1) Engaging in severe forms of trafficking in persons during the period of
time that the award is in effect (2) Procuring a commercial sex act during the period of time
that the award is in effect or (3) Using forced labor in the performance of the award or subawards under the award.
B. Additional Certifications
In addition to the assurances and certifications provided by the Applicant pursuant to OMB Standard
Form 424, the Applicant hereby assures and certifies that:
1. It is duly organized and validly existing under the laws of the jurisdiction in which it was
incorporated or otherwise established, and is (or within 30 days will be) authorized to do
business in any jurisdiction in which it proposes to undertake activities specified in this
Application;
2. Its Board of Directors (or similar governing body) has, by proper resolution or similar action,
authorized the filing of this Application, including all understandings and assurances
contained herein, and directed and authorized the person identified as the authorized
CDFI Fund | BEA Program Application

representative of the Applicant to act in connection with this Application and to provide such
additional information as may be required;
3. It will comply with all applicable requirements of the Community Development Banking and
Financial Institutions Act of 1994 (the Act) (12 U.S.C. 4701 et seq.), regulations implementing
the Act and all other applicable Department of the Treasury regulations and implementing
procedures (and any regulations or procedures which are later promulgated to supplement or
replace them);
4. It will comply, as applicable and appropriate, with the requirements of OMB Circulars (e.g., 2
C.F.R. Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards) and any regulations and circulars which are later
promulgated to supplement or replace them, including standards for fund control and
accountability;
5. It has not knowingly and willfully made or used a document or writing containing any false,
fictitious or fraudulent statement or entry as part of this Application or any related document,
correspondence or communication. (The Applicant and its authorized representative should
be aware that, under 18 U.S.C. 1001, whoever knowingly and willfully makes or uses such
document or writing shall be fined or imprisoned for not more than five years, or both); and
6. It has not had proceedings instituted against it in, by, or before any court, governmental
agency, or administrative body, and a final determination made within the last 3 years as of
the date of the NOFA indicating that the Applicant has violated any of the following laws: Title
VI of the Civil Rights Act of 1964, as amended (42 U.S.C. 2000d); Section 504 of the
Rehabilitation Act of 1973 (29 U.S.C. 794); the Age Discrimination Act of 1975 (42 U.S.C.
6101-6107); Title VIII of the Civil Rights Act of 1968, as amended (42 U.S.C. 3601 et seq.);
and Executive Order 13166, Improving Access to Services for Persons with Limited English
Proficiency.
7. The information in this Application, and in these assurances and certifications in support of
the Application, is true and correct to the best of the Applicant’s knowledge and belief and the
filing of this Application has been duly authorized.
C. Certification Regarding Debarment, Suspension, and Other Responsibility Matters -Primary Covered Transactions: Instructions for Certification
1. By signing and submitting this Application, the prospective primary participant (the Applicant)
is providing the certification set out below.
2. The inability of a person to provide the certification required below will not necessarily result
in the denial of participation in this covered transaction. The prospective Applicant shall
submit an explanation of why it cannot provide the certification set out below. The certification
or explanation will be considered in connection with the CDFI Fund’s determination of
whether to enter into this transaction (approval and funding of the Application). However,
failure of the Applicant to furnish a certification or an explanation shall disqualify such person
from participation in this transaction.
3. This certification is a material representation of fact upon which reliance is placed when the
CDFI Fund determines to enter into this transaction. If it is later determined that the Applicant

CDFI Fund | BEA Program Application

knowingly rendered an erroneous certification, in addition to other remedies available to the
Federal Government, the CDFI Fund may terminate this transaction for noncompliance.
4. The Applicant shall provide immediate written notice to the CDFI Fund if at any time the
Applicant learns that its certification was erroneous when submitted or has become
erroneous by reason of changed circumstances.
5. The terms “covered transactions,” “debarred,” “suspended,” “ineligible,” “lower tier covered
transaction,” “participant,” “person,” “primary covered transaction,” “principal,” “proposal,” and
“voluntarily excluded,” as used in this clause (certification), have the meanings set out in the
Definitions and Coverage sections of the rules implementing Executive Order 12549. You
may contact the CDFI Fund for assistance in obtaining a copy of those regulations (31 C.F.R.
Part 19).
6. The Applicant agrees by submitting the Application that, should the proposed covered
transaction be entered into, it shall not knowingly enter into any lower tier covered transaction
with a person who is debarred, suspended, declared ineligible, or voluntarily excluded from
participation in this covered transaction, unless authorized by the CDFI Fund.
7. The Applicant further agrees by submitting this Application that it will include the clause titled
“Certification Regarding Debarment, Suspension, Ineligibility and Voluntary Exclusion-Lower
Tier Covered Transaction,” to be provided by the CDFI Fund, without modification, in all lower
tier covered transactions and in all solicitations for lower tier covered transactions (see 31
C.F.R. part 19, Appendix B).
8. A participant in a covered transaction may rely upon a certification of a prospective
participant in a lower tier covered transaction that it is not debarred, suspended, ineligible, or
voluntarily excluded from the covered transaction, unless it knows that the certification is
erroneous. A participant may decide the method and frequency by which it determines the
eligibility of its principals. Each participant may, but is not required to, check the No
Procurement List.
9. Nothing contained in the foregoing shall be construed to require establishment of a system of
records in order to render in good faith the certification required by this clause. The
knowledge and information of a participant is not required to exceed that which is normally
possessed by a prudent person in the ordinary course of business dealings.
10. Except for transactions authorized under paragraph 6 of these instructions, if a participant in
a covered transaction knowingly enters into a lower tier covered transaction with a person
who is suspended, debarred, ineligible, or voluntarily excluded from participation in this
transaction, in addition to other remedies available to the Federal Government, the CDFI
Fund may terminate this transaction for noncompliance.
D. Certification Regarding Debarment, Suspension, and Other Responsibility Matters -Primary Covered Transactions
1. The prospective primary participant (the Applicant) certifies to the best of its knowledge and
belief, that it and its principals:
a) are not presently debarred, suspended, proposed for debarment, declared ineligible, or
voluntarily excluded from covered transactions by any Federal department or agency;

CDFI Fund | BEA Program Application

b) have not within a three-year period preceding this Application been convicted of or had a
civil judgment rendered against them for commission of fraud or a criminal offense in
connection with obtaining, attempting to obtain, or performing a public (Federal, State or
local) transaction or contract under a public transaction; violation of Federal or State
antitrust statutes or commission of embezzlement, theft, forgery, bribery, falsification or
destruction of records, making false statements, or receiving stolen property;
c) are not presently indicted for or otherwise criminally or civilly charged by a governmental
entity (Federal, State or local) with commission of any of the offenses enumerated in
paragraph (1)(b) of this certification; and
d) have not within a three-year period preceding this Application had one or more public
transactions (Federal, State or local) terminated for noncompliance.
2. Where the Applicant is unable to certify to any of the statements in this certification, such
Applicant shall attach an explanation to this proposal.
E. Certification Regarding Drug-Free Workplace Requirements
1. The Applicant certifies that it will provide a drug-free workplace by:
a) publishing a statement notifying employees that the unlawful manufacture, distribution,
dispensing, possession, or use of a controlled substance is prohibited in the Applicant’s
workplace and specifying the actions that will be taken against employee for violations of
such prohibition;
b) establishing a drug-free awareness program to inform employees about:
(i) the dangers of drug abuse in the workplace;
(ii) the Applicant’s policy of maintaining a drug-free workplace;
(iii) any available drug counseling, rehabilitation, and employee assistance program;
(iv) the penalties that may be imposed upon employees for drug abuse violations
occurring in the workplace;
c) making it a requirement that each employee to be engaged in the performance of the
award be given a copy of the statement required by subparagraph (a);
d) notifying the employee in the statement required by subparagraph (a) that, as a condition
of employment in such grant, the employee will:
(i) abide by the terms of the statement; and
(ii) notify the employer of any criminal drug use statute conviction for a violation occurring
in the workplace no later than five calendar days after such conviction;
e) notifying the granting agency in writing, within ten calendar days after receiving notice of a
conviction under subparagraph (d) (ii) from an employee or otherwise receiving actual
notice of such conviction;
f) taking one of the following actions, within 30 days of receiving notice under subparagraph
(d)(ii), with respect to any employee who is so convicted:

CDFI Fund | BEA Program Application

(i) taking appropriate personnel action against such an employee, up to and including
termination, consistent with the requirements of the Rehabilitation Act of 1973, as
amended; or
(ii) requiring such employee to participate satisfactorily in a drug abuse assistance or
rehabilitation program approved for such purposes by a Federal, State, or local health,
law enforcement, or other appropriate agency; and
g) making a good faith effort to continue to maintain a drug-free workplace through
implementation of subparagraphs (a), (b), (c), (d), (e), and (f).
2. The Applicant may insert in the space provided below the site(s) for the performance of work
(activities carried out by the Applicant) to be done in connection with the Award (Place of
Performance (Street Address, City, County, State and Zip Code)): Not Applicable
F. Certification Regarding Lobbying
1. The Applicant certifies, to the best of its knowledge and belief, that:
(i) No Federal appropriated funds have been paid or will be paid, by or on behalf of the
Applicant, to any person for influencing or attempting to influence an officer or
employee of any agency, a Member of Congress, an officer or employee of Congress,
or an employee of a Member of Congress in connection with the awarding of any
Federal contract, the making of any Federal grant, the making of any Federal loan, the
entering into of any cooperative agreement, and the extension, continuation, renewal,
amendment, or modification of any Federal contract, grant, loan, or cooperative
agreement;
(ii) If any funds other than Federal appropriated funds have been paid or will be paid to
any person for influencing or attempting to influence an officer or employee of any
agency, a Member of Congress, an officer or employee of Congress, or an employee
of a Member of Congress in connection with this Application, the undersigned shall
complete and submit Standard Form LLL, “Disclosure Form to Report Lobbying“ in
accordance with its instructions; and
(iii) The Applicant shall require that the language of this certification be included in the
Award documents for all sub-Awards of all tiers (including subcontracts, sub grants,
and contracts under grants, loans, and cooperative agreements) and that all sub
recipients shall certify and disclose accordingly.

CDFI Fund | BEA Program Application

PART II. AMIS: BEA PROGRAM ELECTRONIC
APPLICATION
The remainder of this document provides the full text of the BEA Program Application. The BEA
Program Application is electronic and administered by the CDFI Fund in the Awards Management
Information Systems (AMIS). This portion of the document is intended to provide guidance for
completing the BEA Program Application in AMIS.
Please note that the layout of the BEA Program Application as presented in this document may not
appear in the same format as the electronic version in AMIS; however, the content and information
requested remains the same. In order to facilitate the crosswalk between this document and the
electronic version of the BEA Program Application in AMIS, here are a few tips:
•

Prior to starting the BEA Program Electronic Application in AMIS, Applicants should review
the following AMIS Training Manuals: (1) ‘Getting Started – Navigating AMIS’; and (2) ‘BEA
Program Application Submission’. These resources are located on the AMIS Training page of
the CDFI Fund’s website and can be accessed using the following link:
https://amis.cdfifund.gov/s/Training.

•

The BEA Program Electronic Application in AMIS will have a short data label for each field
where Applicants should enter data. These data labels in AMIS will generally appear either
underlined or bolded in the guidance text below at the front of each question and sub-question.

•

To assist Applicants in cross-referencing between the BEA Program Electronic Application
and this Application Instructions document, various tips have been provided.

•

Prior to submitting the BEA Program Electronic Application and required attachments through
AMIS, be sure to verify that the information provided is correct. Applicants will not be able to
revise or amend its BEA Program Electronic Application once it has been submitted.

•

Applicants must ensure all transactions are entered in AMIS by TBD, the last day the BEA
Program staff accepts questions (two business days prior to the BEA Program Electronic
Application deadline). Applicants should also ensure that the address and census tract for
each transaction to be considered for an award is validated, and supporting documentation is
uploaded by the deadline. Applicants will not be able to add, edit or delete transactions after
this date.

•

Failure to provide complete and accurate information may negatively impact the evaluation of
an Applicant’s FY 202X BEA Program Application. The CDFI Fund reserves the right to reject
an Application if information submitted through AMIS is determined to be inaccurate.

CDFI Fund | BEA Program Application

Forms and Certifications
INTEGRAL INVOLVEMENT FORM FOR CDFI SUPPORT ACTIVITY
This certification is not available in AMIS. Applicants may obtain this certification on the
BEA Program page of the CDFI Fund’s website and submit it with the supporting
documentation for the applicable transaction.
An eligible CDFI Partner is an entity that has been provided assistance in the form of CDFI Related
Activities by an unaffiliated Applicant and was a certified CDFI at the time assistance was provided.
In order for an Applicant to report CDFI Support Activities in its Application, the CDFI Partner which
received the support (e.g., loans, deposits, and technical assistance) must be Integrally Involved in a
Distressed Community. The definition of CDFI Support Activities and Integral Involvement can be
found in the BEA Program NOFA and Interim Rule. This form must be submitted by the Applicant as
supporting documentation for any CDFI Support Activity that an Applicant has submitted for
consideration for a BEA Program Award.

Instructions:

1. Complete the table below.
Name of Applicant:
Name of CDFI Partner:
CDFI Support Activity Type: (i.e., Loan, Technical
Assistance, qualifying deposit/share 7):
Amount of CDFI Support Activity:

Date of Execution (must be during the Assessment
Period):
2. The CDFI Partner must indicate, by selecting an option below, how it met the definition of Integral
Involvement. Please note that these are not mutually exclusive options. CDFI Partners may
select as many as applicable, however, in order for the CDFI Support Activity to qualify, at least
one must be selected.
IIntegral
Involvement

Scenario I.

Description
Provided at least 10% of the number of its financial transactions or
dollars transacted (e.g., loans or equity investments) in one or more
Distressed Communities in each of the 3 calendar years preceding
the date of the applicable NOFA; or
10% of the number of its Development Service Activities 8 or value of
the administrative cost of providing such services in one or more

Checkbox

☐
☐

The BEA Program NOFA and Interim Rule provides a description of the criteria for a Certificate of Deposit to be considered a
CDFI Support Activity for the BEA Program.
8
Development Service Activities are defined in the BEA Program Interim Rule and include financial or credit counseling to
individuals for the purpose of facilitating home ownership, promoting self-employment, or enhancing consumer financial
management skills; or technical assistance to borrowers or investees for the purpose of enhancing business planning,
marketing, management, financial management skills, and other comparable services as may be specified by the CDFI Fund
in the NOFA.
7

CDFI Fund | BEA Program Application

IIntegral
Involvement

Scenario II.

Scenario III.

Scenario IV

Description
Distressed Communities in each of the 3 calendar years preceding
the date of the applicable NOFA.
Transacted at least 25% of the number of its financial transactions
or dollars transacted (e.g., loans or equity investments) in one or
more Distressed Communities in at least one of the three calendar
years preceding the date of the applicable NOFA; or
Transacted at least 25% of the number of its Development Service
Activities or value of the administrative cost of providing such
services in one or more Distressed Communities in at least one of
the three calendar years preceding the date of the applicable NOFA.
Demonstrated that it has attained at least 10% of market share for a
particular financial product in one or more Distressed Communities
in at least one of the three calendar years preceding the date of the
applicable NOFA.
At least 25% of the CDFI Partner’s physical locations (e.g., offices
or branches) are located in one or more Distressed Communities
where it provided financial transactions or Development Service
Activities during the one calendar year preceding the date of the
NOFA

Checkbox

☐

3. The CDFI Partner must sign and date this form.
4. The Applicant must submit this form in AMIS as supporting documentation along with any other
supporting documentation when they submit the transaction in AMIS for consideration of a BEA
Program Award.
FOR INFORMATIONAL PURPOSES:
The CDFI Fund shares information about Award Recipients with the general public via its public
website. To increase awareness about which BEA Program Award Recipients and CDFIs have
successfully partnered to serve residents and businesses in Distressed Communities, information
from this form may be made public should the BEA Program Applicant receive a BEA Program
Award.
CDFI Partner Authorized Representative
Printed Name

Job Title
Signature
Date

CDFI Fund | BEA Program Application

CERTIFICATION OF ETAs, NEW BRANCHES OR AUTOMATED TELLER MACHINES
This certification is not available in AMIS. Applicants may obtain this certification on the
BEA Program page of the CDFI Fund’s website and submit it with the supporting
documentation for the applicable transaction 9. Applicants should not report multiple
transactions on a single form. A single form is required for each applicable transaction.
Electronic Transfer Accounts (ETAs)
The Applicant does hereby certify that (i) the Applicant has entered into, and is in compliance with,
the Financial Agency Agreement with the Treasury Department; and (ii) each ETA for which the
Applicant is seeking a BEA Program Award possesses ALL of the characteristics listed below:

o
o
o
o
o
o
o
o
o
o
o

Is an individually-owned account at a Federally-insured financial institution;
Permits a minimum of four cash withdrawals and four balance inquiries per month, which are
included in the monthly fee, through any combination of proprietary ATM transactions and/or
over-the-counter transactions;
Allows access to the insured depository institution’s on-line point-of-sale network (if any);
Requires no minimum balance except as required by Federal or state law;
Provides a monthly statement;
Provides the same consumer protections that are available to other account holders at the
financial institution;
Is offered only to individuals receiving Federal benefit, wage, salary, or retirement payments;
Allows set-off only for fees directly related to the account;
Is subject to a maximum monthly account-servicing fee of $3.00;
Is in compliance with its Financial Agency Agreement with the U.S. Department of the
Treasury; and
Be either an interest-bearing or a non-interest bearing account

Certification for Opening Retail Branch or Automated Teller Machine (ATM)
The Applicant does hereby certify that on ___________ (date), it opened a:
☐ New Retail Branch Office

☐ Automated Teller Machine
Located at the following address, and that it will remain in operation for at least the next five years.
(street, city, state, zip)
(11-digit census tract number)
Authorized Representative (name and title):

Date:

Printed
Signature

The CDFI Fund may collect this information electronically in the FY 202X BEA Program Application.

CDFI Fund | BEA Program Application

Table 4: Applicant Information
Applicants will be requested to provide the following information in the ‘Applicant Information’ section
of the BEA Program Electronic Application in AMIS.
Certain information in this section will be pre-populated in AMIS, based on data from the
Applicant’s organization profile.
Table 4: Applicant Information
Applicant Organization Name:
Employer ID Number (EIN):
UEI:
Authorized Representative (Name, Email, Phone)
Point of Contact Person (Name, Email, Phone)
FDIC Certificate Number:
How many hours did it take you to complete this
Application?
Applicant’s Total Assets (in thousands) from
12/31/202X Call Report or TFR
Indicate whether any of the following apply to your institution:
Minority Bank. An institution classified by the FDIC as a
Minority Depository Institution, as of 12/31/202X.
Community Bank. Any institution that identifies itself as
a “community bank” should check this item.
Certified CDFI. An institution certified as a CDFI by the
CDFI Fund, as of 12/31/202X.
Name of Federal Regulator:
State in which the Applicant’s headquarters is
physically located:
Indicate which of the following states are within your institution’s service area:
Alaska

Mississippi

Alabama

Montana

Arkansas

North Carolina

American Samoa

North Dakota

Arizona

Nebraska

CDFI Fund | BEA Program Application

Table 4: Applicant Information
California

New Hampshire

Colorado

New Jersey

Connecticut

New Mexico

District of Columbia

Nevada

Delaware

New York

Florida

Ohio

Fed. St. of Micronesia

Oklahoma

Georgia

Oregon

Guam

Pennsylvania

Hawaii

Puerto Rico

Iowa

Palau

Idaho

Rhode Island

Illinois

South Carolina

Indiana

South Dakota

Kansas

Tennessee

Kentucky

Texas

Louisiana

Utah

Massachusetts

Virginia

Maryland

Virgin Islands

Maine

Vermont

Marshall Islands

Washington

Michigan

Wisconsin

Minnesota

West Virginia

Missouri

Wyoming

Northern Mariana Isl.

CDFI Fund | BEA Program Application

Environmental Review Questions
All BEA Program Applicants must answer the Environmental Review Questions as part of their BEA
Program Electronic Application submission in AMIS.
The Environmental Review Questions are located in the Organization Information section of the
AMIS Application under the “Environmental Review” subsection. These questions have also been
provided in the table below.
Environmental Review Questions
The CDFI Fund’s environmental review requirements are set forth in 12 C.F.R. Part 1815. The
Applicant should review such regulations carefully before completing this section. In order to
assure compliance with those regulations and other requirements related to the environment,
the Applicant shall provide the following information: If ‘YES’ to any of the above questions,
attach a detailed description of each action, clearly identifying the category in which the action
falls. The attachment should be named ‘Environmental Review’.

YES

1. Are there any actions proposed in the Application that do not constitute a “categorical
exclusion” as defined in 12 C.F.R. 1815.110?
If YES, would any of these actions normally require an environmental impact statement (see
12 C.F.R. 1815.108)?
2. Are there any activities proposed in the Application that involve:
Historical or archaeological sites listed on the National Register of Historic Places, or that
may be eligible for such listing?
Wilderness areas designated or proposed under the Wilderness Act?
Wild or scenic rivers proposed or listed under the Wild and Scenic Rivers Act?
Critical habitats of endangered or threatened species?
Natural landmarks listed on the National Registry of Natural Landmarks?
Coastal barrier resource systems?
Coastal Zone Management Areas?
Sole Source Aquifer Recharge Areas designated by EPA?
Wetlands?
Flood plains?
Prime and unique farmland?
Properties listed or under consideration for listing on the Environmental Protection Agency’s
List of Violating Facilities?

Notification
As stated in 12 C.F.R. 1815.105, if the CDFI Fund determines that the Application proposes actions which
require an environmental assessment or an environmental impact statement, any approval and funding of the
Application will be contingent upon:
1. The Applicant supplying to the CDFI Fund all information necessary for the CDFI Fund to perform or
have performed any required environmental review;
2. The Applicant not using any CDFI Fund Financial Assistance to perform any of the proposed actions
in the Application requiring an environmental review until approval is received from the CDFI Fund;
and
3. The outcome of the required environmental review.
In addition, as stated in 12 C.F.R. 1815.106, if the CDFI Fund determines that an Application, or any part
thereof, is not sufficiently definite to perform a meaningful environmental review prior to approval of the
CDFI Fund | BEA Program Application

Notification
Application, final approval and funding of the Application shall require supplemental environmental review
prior to the taking of any action directly using CDFI Fund Financial Assistance for any action that is not a
categorical exclusion.

CDFI Fund | BEA Program Application

Table 5: Reporting BEA Qualified Activities
The Applicant will report Baseline Period and Assessment Period amounts by activity type
in the applicable categories or subcategory in the BEA Program Electronic Application in
AMIS. The amount of the increase (or decrease) will be automatically calculated based on
these inputs. Once Table 5: Reporting BEA Qualified Activities is complete, an Applicant
can then proceed to enter individual transactions for any activity type that reflects an
increase.
Table 5: Reporting BEA Qualified Activities is required and must be completed by every
Applicant.
CDFI RELATED ACTIVITIES AND DISTRESSED COMMUNITY FINANCING ACTIVITIES
Applicants seeking an Award for any activity type in either the CDFI Related Activities or Distressed
Community Financing Activities categories must provide information on every other activity type
within the applicable sub-category for which a BEA Program Award is being sought. This includes
individual activity types that an Applicant is not able to demonstrate an increase in and is not using
to seek a BEA Program Award. Applicants must include all BEA Program qualified activities which
occurred in all BEA Eligible Census Tracts when reporting Baseline Period and Assessment Period
amounts for all activities reported in Table 5: Reporting BEA Qualified Activities.
•

CDFI Related Activities example:
An Applicant is seeking a BEA Program Award for providing an Equity-Like Loan to a
certified CDFI. Equity-Like Loans is an activity type within the CDFI Related Activities’
subcategory of CDFI Equity/Equity-Like Loans. The correct way for this Applicant to
complete Table 5: Reporting BEA Qualified Activities will be to report the total Baseline
Period and Assessment Period amounts for every activity type within the CDFI Related
Activities’ subcategory of CDFI Equity/Equity-Like Loans (i.e., Equity Investments, EquityLike Loans, and Grants), even if the Applicant is not able to demonstrate an increase in the
other activity types and is not seeking an Award for the other activity types.

•

Distressed Community Financing Activities example:
An Applicant is seeking a BEA Program Award for Small Business Loans. Small Business
Loans is an activity type within the Distressed Community Financing Activities’ subcategory
of Commercial Loans and Investments. The correct way for this Applicant to complete
Table 5: Reporting BEA Qualified Activities will be to report the total Baseline Period and
Assessment Period amounts for every activity type within the Distressed Community
Financing Activities’ subcategory of Commercial Loans and Investments (i.e., Affordable
Housing Development Loans, Commercial Real Estate Loans, and Small Business Loans),
even if the Applicant is not able to demonstrate an increase in the other activity types and is
not seeking an Award for the other activity types.

SERVICE ACTIVITIES
Applicants seeking an Award for Service Activities, only need to provide information for the activity
type for which a BEA Program Award is being sought and do not need to provide information on
any other activity type in the Service Activities category.
CDFI Fund | BEA Program Application

Applicants reporting in the Deposit Liabilities activity type should not report the total amount of
Deposit Liabilities as of the last day of each applicable period – instead, calculate the net change
over the course of the Baseline Period and the Assessment Period. There are fields within the
Deposit Liabilities activity type section of Table 5 to assist Applicants in recording this information
correctly.

CDFI Fund | BEA Program Application

TABLE 5: REPORTING BEA QUALIFIED ACTIVITIES
CDFI RELATED ACTIVITIES
CDFI Equity/ Equity-Like Loans

Baseline Period
(202X)

Reporting

Assessment Period
(202X)

Increase/Decrease in
Activity

Yes/No

Equity Investments(CEI)

Equity-Like Loans (ELL)

Grants (CG)

CDFI Support Activities

Yes/No

CDFI Deposit Shares (DS)

Loans (LNS)

Technical Assistance (TAC)

DISTRESSED COMMUNITY FINANCING ACTIVITIES
Consumer Loans

Reporting

Baseline Period (202X)

Assessment Period (202X)

Increase/Decrease in Activity

Yes/No

Affordable Housing Loans (AHL)

Education Loans (EDU)

Home Improvement Loans (HIL)

Small Dollar Consumer Loans (SDL)

Commercial Loans and Investments

Yes/No

Affordable Housing Development Loans and Project Investments (AHD)

Commercial Real Estate Loans and Project Investments (CRE)

Small Business Loans and Project Investments (SBL)

SERVICE ACTIVITIES

Reporting

Baseline Period (202X)

Assessment Period (202X)

Increase/Decrease in Activity

Deposit Liabilities (D)

Yes/No

Community Services (CS)

Yes/No

Financial Services (FS)

Yes/No

Targeted Financial Services (TFS)

Yes/No

Targeted Retail Savings/ Investments Products (TSP)

Yes/No

CDFI Fund | BEA Program Application

Table 6: Transactions to be Considered for an Award
The Applicant will enter information in the fields below for individual transactions it elects
to report for purposes of calculating a BEA Program Award in AMIS.

Applicants are required to provide information on the individual transactions reported as the increase in a
BEA Qualified Activity. Table 6: Transactions to be Considered for an Award guidance (below) lists the
type of information that is required to be reported for individual transactions. Applicants must enter a new
transaction for each service provided / borrower or investee (for transactions in the CDFI Related
Activities and Distressed Community Financing Activities categories) or service provided (for transactions
in the Service Activities category). Applicants should note that the information required may differ
depending on the category of BEA Qualified Activity. Individual transactions reported will be used to
calculate an estimated BEA Program Award. Therefore, individual transactions reported must total more
than the amount(s) reported for the Baseline Period for any activity type for which the Applicant
demonstrated an increase in and is seeking a BEA Program Award. Applicants are not required to report
individual transactions equal to or below the Assessment Period amounts reported in Table 5: Reporting
BEA Qualified Activities for any particular activity type. Applicants may use their discretion by considering
NOFA priorities and the potential for transactions to be rejected based on review by CDFI Fund staff to
determine how many individual transactions to report in a particular activity type when considering their
estimated Award amount. The resulting estimated Award amounts will be calculated as described in the
‘Estimated BEA Program Award Calculation’ section and as illustrated in Table 7: Estimated BEA
Program Award Calculation. Supporting documentation may be required for certain qualified activities
and/or the total dollar value or amount of transactions. See Reporting Qualified Activities and Supporting
Documentation section for further details.

GUIDANCE FOR TABLE 6: TRANSACTIONS TO BE CONSIDERED FOR AN AWARD
Item

Field Description

Applicant/ User Entry

Service Provided/ Borrower/
Investee

Report each transaction by borrower, investee, CDFI, or
other recipient.
Service Activities: report each transaction carried out during
the Assessment Period by the service provided.
Note: This field is not required for activities in the Consumer
Loans sub-category of Distressed Community Financing
Activities.

CDFI Partner’s EIN

This field is required for CDFI Related Activities. Enter the
EIN number of the CDFI Partner’s Organization.

CDFI Partner’s Organization

The field will automatically populate based on the CDFI
Partner’s EIN number entered.

CDFI Partner’s Certification Status

CDFI Partners are required to be certified as of the end of the
Assessment Period.

CDFI Fund | BEA Program Application

GUIDANCE FOR TABLE 6: TRANSACTIONS TO BE CONSIDERED FOR AN AWARD
Item

Field Description

Applicant/ User Entry
Note: AMIS will populate the CDFI Partner’s certification
status based on the CDFI Partner’s EIN number. The CDFI
Fund will confirm the CDFI Partner’s Certification status.

Total Dollar Value

Report the total original dollar amount of each transaction
closed during the Assessment Period.
Service Activities: Report the grand total of each activity
category.
Note: For Deposit Liabilities, calculate the net increase of the
Baseline Period and then calculate the net increase of the
Assessment Period. Next, subtract the net increase of the
Baseline Period from the net increase of the Assessment
Period. The result should be entered as the Total Dollar
Value for the transaction.

Amount Disbursed to Date

List total dollar amount disbursed on each transaction. For
Technical Assistance to CDFIs, Distressed Community
Financing Activities less than $250,000, and Service
Activities: record same figure as item E.
Additional guidance on reporting the amount disbursed to
date can be found in the Supplemental Guidance/ FAQ
document.

Street Address

For each Distressed Community Financing Activity
transaction, enter the street address of the location of the
property (real estate-related loans), or the borrower’s street
address (non-real estate-related loans).

City

For each Distressed Community Financing Activity
transaction, enter the city of the location of the property (real
estate loans), or the borrower’s city (non-real estate-related
loans).

State

For each Distressed Community Financing Activity
transaction, enter the state of the location of the property
(real estate loans), or the borrower’s state (non-real estaterelated loans).

Zip Code

For each Distressed Community Financing Activity
transaction, enter the zip code of the location of the property
(real estate loans), or the borrower’s street address (non-real
estate-related loans).

Census Tract

Census Tract is not required for CDFI Related and Deposit
Activities.
For each Distressed Community Financing Activity and
Service transaction, the Census Tract 11-digit number will
automatically be generated when an address is entered on a

CDFI Fund | BEA Program Application

GUIDANCE FOR TABLE 6: TRANSACTIONS TO BE CONSIDERED FOR AN AWARD
Item

Field Description

Applicant/ User Entry
BEA Transaction record. After the system automatically
generates the census tract number, the system will
automatically indicate in the BEA Qualification Status field if
the tract qualifies for BEA.

Date of Execution

List the date the activity occurred or the transaction was
closed.

Date of Initial Disbursement

List the date the Applicant made the initial disbursement.

Date of Final Disbursement

List the date the Applicant made the final disbursement.

Type of Activity 10

Select the type of each transaction using the abbreviations
provided below:
CDFI Equity Investments ♦

CEI

CDFI Equity Like Loans♦

ELL

CDFI Grants♦

CDFI Loans♦

LNS

CDFI Deposits / Shares♦

Technical Assistance provided to CDFIs♦

TAC

Affordable Housing Loans ∗

AHL

Affordable Housing Development Loans and Project
Investments

AHD

Commercial Real Estate Loans and Project Investments

CRE

Education Loans*

EDU

Home Improvement Loans*

HIL

Small Dollar Consumer Loans*

SDL

Small Business Loans and Project Investments

SBL

Deposit Liabilities

Financial Services

Targeted Financial Services

TFS

Targeted Savings Products

TSP

Community Services

Referred to as a ‘Record Type’ in BEA Program Electronic Application in AMIS.
All CDFI Related Activities require the Applicant to enter the CDFI Partner’s EIN in AMIS.
∗
Applicants will be required to certify that the borrower was an Eligible Resident who meets the Low-and-Moderate-Income
requirements, in the BEA Program Electronic Application, when applicable.
10
♦

CDFI Fund | BEA Program Application

GUIDANCE FOR TABLE 6: TRANSACTIONS TO BE CONSIDERED FOR AN AWARD
Item

Field Description

Applicant/ User Entry

Impact

For Distressed Community Financing and Service Activities,
provide the number of the appropriate measure for each
transaction:
Affordable Housing Development: Total number of affordable
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.
Financial Services and Targeted Financial Services: Number
of accounts opened, checks cashed, etc.
Targeted Retail Savings/Investment Products: Number of
products developed, sold or opened.
Community Services: Number of individuals who received
the identified service.

Loan Status

For CDFI Loans, Commercial Loans and Investments, and
Consumer Loans, indicate the status of the loan (New
Origination, Refinance – Applicant, Refinance – Unaffiliated
Institution, Renewals, or Participation 11).
If “Refinance-Applicant” or “Refinance – Unaffiliated
Institution” is selected, the Applicant should: (1) submit a
copy of the loan documents for the loan that was refinanced,
and (2) include a note indicating the amount of new principal
for the Applicant and where evidence of the refinance may be
found in the supporting documentation.
Note: If the Applicant is unable to provide the original
documentation for the loans refinanced from an Unaffiliated
Institution, a detailed note including the Unaffiliated
Institution’s name, refinance date and loan amount can be
provided instead.

New Origination: The Applicant financed 100% of a new loan, during the Assessment Period, with no prior obligations to the
borrower related to this same purpose/nature. Refinance - Applicant: The Applicant refinanced an existing loan during the
Assessment Period, but also increased the principal amount of the loan. Refinance – Unaffiliated Institution: The Applicant
refinanced an existing loan from an unaffiliated institution during the Assessment Period. Renewals: A Loan that has matured (or
was retired) and was restructured by the Applicant, during the Assessment Period, using the entire loan balance amount. Loans
renewed during the Baseline Period or the Assessment period are not considered qualified activities and should not be reported.
Participation: The Applicant jointly financed a loan with other participants during the Assessment Period, wherein the borrower is
either: (1) a CDFI that is integrally involved in a Distressed Community or (2) a non-CDFI (resident of business) that is located in a
Distressed Community

CDFI Fund | BEA Program Application

Table 7: Estimated BEA Program Award Calculation
The Estimated BEA Program Award Amount Calculation in Table 7: Estimated BEA Program Award
Calculation for which the Applicant may be eligible is based on the actual transactions submitted in
Table 6: Transactions to be Considered for an Award for any individual activity type an Applicant is
able to demonstrate an increase in, from the Baseline Period to the Assessment Period. The actual
transactions will be automatically totaled and the Estimated BEA Program Award will be determined by
sub-category for CDFI Related Activities and Distressed Community Financing Activities and by category
for Service Activities. Applicants determine, at their sole discretion, the number of actual transactions to
submit in Table 6: Transactions to be Considered for an Award.
Estimated BEA Program Award amounts will be automatically displayed in a report in AMIS and is based
on the following factors:
• Baseline Period amounts stated in the ‘Reporting BEA Qualified Activities’ section of the
electronic application.
• Sum of individual transactions reported in the ‘Transactions to be Considered for an Award’
section of the BEA Program Electronic Application in AMIS.
•

Certified CDFI status
o Applicants that were a certified CDFI, as of [TBD], receive a higher Award percent for
most sub-categories and activity types reported.

•

Applicant Asset Size
o Numerical priority factors are assigned to sub-categories within the Distressed
Community Financing Activities and activity types within the Service Activities category,
and are based on an Applicant Asset Size at the end of the Assessment Period
(12/31/202X) 12.

Table 7: Estimated BEA Program Award Calculation: AMIS INPUT provides an illustration of the input
features that are required in AMIS, and how that results in the estimated Award amount calculation.
The Estimated BEA Program Award is automatically calculated in the BEA Program
Electronic Application in AMIS. Applicants will not be required to determine this amount
independently. Applicants will be able to view their estimated BEA Program Award amount
in AMIS.

Table 7: Estimated BEA Program Award Calculation
CDFI RELATED ACTIVITIES:
Lines 1-3

12
13

CDFI Equity Investments/Equity-Like Loans: Determines the increase in each activity
type in this sub-category by subtracting the Baseline Period amount (Table 6:
Transactions to be Considered for an Award section) from the Assessment Period
amount (Table 5: Reporting BEA Qualified Activities). The increase is then multiplied by
the Award Percent 13 to yield the Estimated Award Amount for each activity type in the
Equity Investments/Equity-Like Loans sub-category.

See section V.14 “Table 5 – CRA Asset Size Classification” of the FY 202X BEA Program NOFA for more information.
The Award percent for activity types in the CDFI Equity Investments/Equity-Like Loans sub-category is 18% for all Applicants

CDFI Fund | BEA Program Application

Table 7: Estimated BEA Program Award Calculation
Line 4

Estimated Award Amount for CDFI Equity Investments/ Equity-Like Loans: Adds the
values listed on lines 1, 2, and 3 for Estimated Award Amount to yield the total Estimated
Award Amount for the CDFI Related Activities’ sub-category: CDFI Equity.

Lines 5-7

CDFI Support Activities: Determines the increase in each activity type in this subcategory by subtracting the Baseline Period amount (Table 6: Transactions to be
Considered for an Award section) from the Assessment Period amount (Table 5:
Reporting BEA Qualified Activities). The increase is then multiplied by the Award
Percent 14 to yield the Estimated Award Amount for each activity type in the CDFI Support
Activities sub-category.

Line 8

Estimated Award Amount for CDFI Support Activities: Adds the values listed on lines 5,
6, and 7 for Estimated Award Amount to yield the total Estimated Award Amount for the
CDFI Related Activities’ sub-category: CDFI Support Activities.

Line 9

Adds the values listed on lines 4 and 8 for Estimated Award Amount to yield the total
Estimated Award Amount for the CDFI Related Activities category.

DISTRESSED COMMUNITY FINANCING ACTIVITIES (DCFA):
Lines 10-13

Consumer Loans: Determines the increase in each activity type in this sub-category by
subtracting the Baseline Period amount (Table 6: Transactions to be Considered for an
Award section) from the Assessment Period amount (Table 5: Reporting BEA Qualified
Activities).

Line 14

Estimated Award Amount for Consumer Loans: Adds the values listed on lines 10-13 for
Increase in Activity to yield the Increase in Activity amount for the Consumer Loans subcategory of Distressed Community Financing Activities. The sub-category increase is then
multiplied by the Priority Factor (determined by the Applicant's total asset size) to yield the
Weighted Value. The Weighted Value is then multiplied by the Award Percent 15 to yield
the Estimated Award Amount for Distressed Community Financing Activities: Consumer
Loans.

Line 15-17

Commercial Loans and Investments: Determines the increase in each activity type in
this sub-category by subtracting the Baseline Period amount (Table 6: Transactions to be
Considered for an Award section) from the Assessment Period amount (Table 5:
Reporting BEA Qualified Activities).

Line 18

Estimated Award Amount for Commercial Loans and Investments: Adds the values
listed on lines 15-17 for Increase in Activity to yield the Increase in Activity amount for
the Commercial Loans and Investments sub-category of Distressed Community Financing
Activities. The sub-category increase is then multiplied by the Priority Factor (determined
by the Applicant's total asset size) to yield the Weighted Value. The Weighted Value is
then multiplied by the Award Percent 16 to yield the Estimated Award Amount for
Distressed Community Financing Activities: Commercial Loans and Investments.

14
The Award percent for activity types in the CDFI Support Activities sub-category is 6% and 18% for non-CDFIs and CDFIs,
respectively.
15
The Award percent for activity types in the Consumer Loans sub-category of DCFA is 6% and 18% for non-CDFIs and CDFIs,
respectively.
16
The Award percent for activity types in the Commercial Loans and Investments sub-category of DCFA is 3% and 9% for nonCDFIs and CDFIs, respectively.

CDFI Fund | BEA Program Application

Table 7: Estimated BEA Program Award Calculation
Line 19

Adds the values listed on lines 14 and 18 for Estimated Award Amount to yield the total
Estimated Award Amount for the Distressed Community Financing Activities
category.

SERVICE ACTIVITIES:
Note for Deposit Liabilities: To determine the activity during the Baseline Period for Deposit accounts,
calculate the net change in the amount of eligible Deposit Liabilities. If the net change of Deposit accounts
during the Baseline Period is a negative amount, then a negative baseline amount may be recorded.
Lines 20-24

All Service Activities: Determines the increase in the activity types by subtracting the
Baseline Period amount (Table 6: Transactions to be Considered for an Award section)
from the Assessment Period amount (Table 5: Reporting BEA Qualified Activities). The
increase is then multiplied by the Priority Factor (determined by the Applicant's total asset
size) to yield the Weighted Value. The Weighted Value is then multiplied by the Award
Percent 17 to yield the Estimated Award Amount for Service Activities.

Line 25

Adds the values listed on lines 20 thru 24 for Estimated Award Amount to yield the total
Estimated Award Amount for each activity type in the Service Activities category.

GRAND TOTAL: ESTIMATED BEA PROGRAM AWARD CALCULATION:
Line 26

Adds the values listed on lines 9, 19, and 25 for Estimated Award Amount to yield the
Grand Total: Estimated BEA Program Award Calculation.

The Award percent for activity types in the Service Activities category is 3% and 9% for non-CDFIs and CDFIs, respectively.

CDFI Fund | BEA Program Application

TABLE 7 – ESTIMATED BEA PROGRAM AWARD CALCULATION: AMIS INPUT

CATEGORY 1: CDFI RELATED ACTIVITIES

Demonstrated
Overall
Increase?
(auto)

Baseline Period
(202X)
(auto: from Table
5, if related
transactions
were entered in
Table 6)

Assessment
Period (202X)
(auto: from
Table 6
transactions)

Award Percent

Estimated
Award
Amount

(auto: calculation)

(auto: based on
CDFI status)

(auto:
calculation)

Increase in
Activity

CDFI Equity Investments/ Equity-Like Loans
1

Equity Investments(CEI)

Yes/No

18%

Equity-Like Loans (ELL)

Yes/No

18%

Grants (CG)

Yes/No

18%

Estimated Award Amount for Equity Investments/ Equity-Like Loans

CDFI Support Activities
5

CDFI Deposit Shares (DS)

Yes/No

6%/18%

Loans (LNS)

Yes/No

6%/18%

Technical Assistance (TAC)

Yes/No

6%/18%

Estimated Award Amount for CDFI Support Activities

TOTAL ESTIMATED AWARD AMOUNT FOR ALL CDFI RELATED ACTIVITIES

CATEGORY 2: DISTRESSED COMMUNITY
FINANCING ACTIVITIES (DCFA):

Demonstrated
Overall
Increase?
(auto)

Assessment
Period (202X)

Baseline Period
(202X)

Increase in Activity

(auto: from Table 5)

(auto: from Table
6 transactions)

(auto: calculation)

Priority Factor
(auto: based on
asset size)

Weighted
Value
(auto:
calculation)

Award Percent
(auto: based on
CDFI status)

Estimated
Award Amount
(auto:
calculation)

Consumer Loans
10

Affordable Housing Loans (AHL)

Yes/No

Education Loans (EDU)

Yes/No

Home Improvement Loans (HIL)

Yes/No

Small Dollar Consumer Loans (SDL)

Yes/No

Estimated Award Amount for Consumer Loans

5/3/1

Commercial Loans and Investments

CDFI Fund | BEA Program Application

6%/18%

TABLE 7 – ESTIMATED BEA PROGRAM AWARD CALCULATION: AMIS INPUT

CATEGORY 1: CDFI RELATED ACTIVITIES

Demonstrated
Overall
Increase?
(auto)

Baseline Period
(202X)
(auto: from Table
5, if related
transactions
were entered in
Table 6)

Assessment
Period (202X)
(auto: from
Table 6
transactions)

Increase in
Activity
(auto: calculation)

Award Percent

Estimated
Award
Amount

(auto: based on
CDFI status)

(auto:
calculation)

CDFI Equity Investments/ Equity-Like Loans
15

Affordable Housing Development
Loans and Project Investments (AHD)

Yes/No

Commercial Real Estate Loans and
Project Investments (CRE)

Yes/No

Small Business Loans and Project
Investments (SBL)

Yes/No

Estimated Award Amount for Commercial Loans and
Investments

TOTAL ESTIMATED AWARD AMOUNT FOR DISTRESSED COMMUNITY FINANCING ACTIVITIES:

CATEGORY 3: SERVICE ACTIVITIES

Demonstrated
Overall
Increase?
(auto)

Assessment
Period (202X)

Baseline Period
(202X)

5/3/1

3%/9%

$
$

Increase in Activity

Priority Factor

(auto: from Table 5)

(auto: from Table
6 transactions)

(auto: calculation)

(auto: based on
asset size)

Weighted
Value
(auto:
calculation)

Award Percent
(auto: based on
CDFI status)

Estimated
Award Amount
(auto:
calculation)

Deposit Liabilities (D)

Yes/No

5/3/1

3%/9%

Community Services (CS)

Yes/No

5/3/1

3%/9%

Financial Services (FS)

Yes/No

5/3/1

3%/9%

Targeted Financial Services (TFS)

Yes/No

5/3/1

3%/9%

Targeted Retail Savings/ Investments
Products (TSP)

Yes/No

5/3/1

3%/9%

TOTAL ESTIMATED AWARD AMOUNT FOR SERVICE ACTIVITIES

GRAND TOTAL: ESTIMATED BEA PROGRAM AWARD CALCULATION

CDFI Fund | BEA Program Application

Recipient Profile
The CDFI Fund shares information about its programs and Award Recipients with the general public via
its public website. A description of Award Recipients and their BEA Program Awards may be made public
should the Applicant be selected to receive a FY 202X BEA Program Award.

Table 8: Projected Use of BEA Program Award
The CDFI Fund requires Applicants to indicate how they intend to use their BEA Program
Award, if selected to receive one. To do this, Applicants must complete Table 8: Projected Use of BEA
Program Award which consists of two sections: Part A. Projected Use of BEA Program Award; and Part
B. Persistent Poverty County Commitment. Applicants are required to complete both sections but are not
required to make a Persistent Poverty County commitment. Applicants that make Persistent Poverty County
commitments may be required to deploy more than the minimum commitment percentage indicated below,
but will not be required to exceed the maximum commitment percentage provided below.
Table 8: Projected Use of BEA Program Award
BEA Program Awards must be used for Authorized BEA Qualified
Activities. These consist of CDFI Related Activities, Distressed
Community Financing Activities, and Service Activities. Up to 15% of the
Award can be used for Direct Administrative Expenses.

Part A. Projected
Use of BEA
Program Award

Instructions: Allocate projected percentages between BEA qualified
activities and Direct Administrative Expenses. Please note that the
maximum percentage allowable for Direct Administrative Expenses is
15%. The Total Projected Use of BEA Program Award must be 100%.
Category
BEA
Qualified
Activity

Percentage
CDFI Related Activities

Distressed Community Financing Activities

Service Activities

Direct Administrative Expenses

Part B. Persistent
Poverty County
Commitment

Total Projected Use of BEA Program Award
100%
Instructions: Indicate the minimum and maximum percentage of the
BEA Program Award that your institution will commit to deploying in
Distressed Communities that are also defined as being a ‘Persistent
Poverty County’.
Minimum Commitment

Maximum Commitment

CDFI Fund | BEA Program Application

REPORTING QUALIFIED ACTIVITIES AND
SUPPORTING DOCUMENTATION
The CDFI Fund does not collect and will not accept Personally Identifiable Information
(PII). Applicants should not, except as expressly requested in this application, submit
Supporting Documentation with PII. If the CDFI Fund discovers PII during the review of a
transaction in AMIS, the Supporting Documentation will be deleted from the application
record and the CDFI Fund will deem the transaction ineligible.
The term “PII,” as defined in OMB Memorandum M-07-1616 refers to information that can
be used to distinguish or trace an individual’s identity, either alone (SSN) or when
combined with other information (name of the individual, address, date of birth, driver’s
license or state identification number, passport number, and Alien Registration Number,
etc.) that is linked or linkable to the individual. If lost, compromised, or disclosed without
authorization, PII could result in substantial harm, embarrassment, inconvenience, or
unfairness to an individual.
Although Applicants are required to enter addresses of individual borrowers/ residents of
Distressed Communities in AMIS, Applicants should not include PII in AMIS or in the
supporting documentation for any individual resident, business owner or other
representative. Applicants must redact PII in AMIS and on documents required to be
submitted as Supporting Documentation. Otherwise, the CDFI Fund will delete the
Supporting Documentation containing PII from the application record and the transaction
will be deemed ineligible. Please note the following:
•

Addresses indicating the physical location of the activity financed, investment, or
service provided should not be redacted. The CDFI Fund will verify that the
address of the financial transaction entered in AMIS agrees with the supporting
documentation.

•

Signatures demonstrate legal execution of documents (e.g., loan agreements,
promissory notes, etc.) and should not be redacted.

If the legal documentation represents a commercial loan and includes the name of
an individual, the individual’s personal address and other PII should also be
redacted.
Please see the Supplemental Guidance/ FAQ document for examples of PII and what is
appropriate/ not appropriate to redact.
•

General Information
The following details the requirements for reporting and documenting: all CDFI Related Activities
(regardless of dollar amount), Distressed Community Financing Activities greater than or equal to $250,000,
and Service Activities (regardless of dollar amount). Applicants should use this guidance in conjunction with
the instructions for the BEA Program Electronic Application in AMIS, as well as the BEA Program
Regulations, FY 202X BEA Program NOFA, and the Supplemental Guidance for Applicants (all available
in AMIS and on the CDFI Fund’s website). The BEA Program Regulations contain definitions of all
BEA qualified activities.
CDFI Fund | BEA Program Application

Activities of the Applicant: To be eligible for BEA Program consideration, the Applicant or a Subsidiary
of the Applicant must originate all qualified activities. Transactions carried out by Affiliates are not eligible.
Loans brokered through another institution or loans purchased by the Applicant from another institution are
not eligible for BEA Program consideration. If you are unsure of the eligibility of any Subsidiary or Affiliate,
contact the CDFI Fund’s BEA Program office for clarification.
Arms-length transactions: To be considered an eligible Qualified Activity, each loan and investment must
be an arms-length transaction with a third party that is not an Affiliate of the Applicant.
SUPPORTING DOCUMENATION FOR CLOSED TRANSACTIONS
All reported transaction amounts should be rounded to the nearest dollar and closed during the Assessment
Period. To be considered closed:
•

The transaction must have been executed on a date within the applicable Assessment
Period; and

•

The Applicant and the borrower or investee must have entered into a legally binding
agreement that specifies the final terms and conditions of the transaction; and

•

An initial cash disbursement of loan or investment proceeds must have occurred in a manner
that is consistent with customary business practices and is reasonable given the nature of the
transaction (as determined by the CDFI Fund). If it is normal business practice to not make
an initial disbursement at closing (as is typical for lines of credit or construction loans), the
Applicant must provide a brief narrative stating such and demonstrate that the borrower had
access to the proceeds, subject to reasonable conditions (such as meeting certain project
milestones), beginning at closing.

Refinancing of Loans (including fixed rate and adjustable rate mortgages): A loan is considered to be
refinanced when a borrower with an existing loan applies for a new loan and a new credit decision is made.
For BEA Program purposes, refinancing of loans fall into two broad categories: (1) refinancing an existing
loan in a BEA Program Applicant’s loan portfolio; and (2) refinancing a loan from an institution that is not
affiliated with the Applicant.
•

•

Refinanced an existing loan in a BEA Program Applicant’s loan portfolio may only be valued
at the amount of increase to the principal amount of the loan (i.e., the new credit available).
Supporting documentation must be provided to demonstrate the increase in principal amount,
in order to meet the Qualified Activity requirement specified in the FY 202X BEA Program
NOFA. In order to demonstrate the increase, Applicants are instructed to submit a copy of the
loan documents for the loan that is being refinanced in addition to loan documents for the
new loan. If the loan documents for the refinanced loan are not available, Applicants may
submit other internal documentation that demonstrates the increase and that proceeds were
used to pay off an existing loan with the Applicant. Transactions submitted without supporting
documentation that clearly demonstrates the increase and that the proceeds were used to
pay off an existing loan with the Applicant will be disqualified.
Loans refinanced from an institution that is not affiliated with the Applicant are considered new
activities for the BEA Program Applicant and can be submitted as such for the full principal
amount of the loan. Applicants are also required to provide documentation that clearly
demonstrates that the loans proceeds were used to pay off a loan with an unaffiliated institution.
Additional documentation such as wire transfer instructions, etc. may be required if the use of
proceeds is not clear from the closing or disbursement documents.

CDFI Fund | BEA Program Application

Face value: For term loans, each transaction must be reported at the total principal dollar amount of the
closed loan or investment, subject to the dollar amount and time limitations imposed by the CDFI Fund, and
as set forth in the FY 202X BEA Program NOFA. For lines of credit (including construction lines of credit),
each transaction should be reported at the maximum amount of credit available through the instrument,
subject to dollar amount and time limitations imposed by the CDFI Fund. All transactions must be fully
disbursed as of the end of the Assessment Period.
Cap on Qualified Activity Amount: The value of a Qualified Activity for purposes of determining a BEA
Program Award shall not exceed $10 million in the case of Commercial Real Estate Loans or any CDFI
Related Activities (i.e., the total principal amount of the transaction must be $10 million or less to be
considered a Qualified Activity). However, the CDFI Fund may consider transactions with a total principal
value of over $10 million on a case-by-case basis. Applicants must attach a Community Benefit Statement,
which is a narrative statement that describes the community benefit of transactions over $10 million for the
CDFI Fund’s consideration. The Community Benefit Statement must be included as an attachment in the
Notes and Attachment section of the Application.
Low-Income Housing Tax Credits and New Markets Tax Credits: Investments for which the Applicant
receives federal Low-Income Housing Tax Credits or New Markets Tax Credits (NMTC) as an investor are
not considered qualified activities for the purposes of calculating or receiving a BEA Program Award.
Leverage Loans used in NMTC structured transactions are considered Distressed Community Financing
Activities. If an affiliate of the Applicant provided the leverage loan, the Applicant must provide the
following for the transaction:
1. Legal names of the organizations which served in the following roles:
a. NMTC Allocatee (the entity which received an NMTC allocation Award and is allocating
the tax credits for the project);
b. NMTC Investor (the entity which contributed equity to the NMTC-related investment fund
for the project); and
c. NMTC Leverage Lender (the entity which provided debt to the NMTC-related investment
fund) for the project.
2. NMTC structure/ flow of funds diagram, if available.
3. A description of the Applicant’s relationship with the respective lender noted in the BEA
transaction.
4. A description of the Applicant’s role and participation in the NMTC transaction with the NMTC
Allocatee, Investor, and/or Leverage Lender.
SUMMARY OF DOCUMENTATION BY CATEGORY AND ACTIVITY TYPE
The table below provides a summary of required documentation for qualified activities. Detailed instructions
on reporting and documenting qualified activities follow.
Applicants will not be contacted regarding missing required documentation for any qualified activities. If a
Qualified Activity does not have the required documentation, the transaction will be disqualified. The
supporting documentation must indicate the date of disbursement/deposit/wire transfer and associated
account number(s), borrower(s) name(s), and address related to the BEA Qualified Activity. The supporting
documentation for loans to certified CDFIs and Distressed Community Financing Activities must also
indicate if the loan status is a payoff or refinance.

CDFI Fund | BEA Program Application

Additionally, if the supporting documentation does not clearly demonstrate the purpose of the loan,
the Applicant is required to provide a brief narrative. The narrative can either be uploaded as an
attachment in AMIS or entered manually using the Notes field in the AMIS Application.
Requests or authorizations for disbursements are not solely acceptable internal documentation. Internal
documentation must indicate that funds were provided to the borrower and must be authorized by bank
personnel.

CDFI Fund | BEA Program Application

Category

SubCategory/
Activity Type

Closing
Documents

Disbursement
Documents 18

CDFI
Related
Activities

CDFI Equity/
Investments/
Equity-Like
Loans (i.e.,
Equity
Investments,
Equity-Like
Loans, and
Grants)

• For Equity
Investments:

• Copies of checks,
wire transfer
receipts, credit/debit
screenshots from
the accounting
system, and
credit/debit slips
from the general
ledger

o Investment
agreement; or
o Stock purchase
certificate
• For Equity-Like
Loan:

Category

SubCategory/
Activity Type

Closing
Documents

Disbursement
Documents 18

CDFI Support
Activities (i.e.,
Loans,
Certificates of
Deposit, Share
Certificates, TA
to CDFI
Partner)

• For Loans:

• Copies of checks,
wire transfer
receipts, credit/debit
screenshots from
the accounting
system, or
credit/debit slips
from the general
ledger

o Executed/signed
loan agreement;
or
o Executed/signed
promissory note
Note: If the Loan
Agreement and
Promissory Note are
available then both
must be provided.
The Promissory Note
or Loan Agreement
must indicate the
purpose of the loan.
Otherwise, a
narrative should be
provided by the
Applicant stating the
purpose.

Category

SubCategory/
Activity Type

Closing
Documents
The Promissory Note
or Loan Agreement
must indicate the
purpose of the loan.
Otherwise, a note
should be provided
by the Applicant
stating the purpose.
• Security Agreement
(for Commercial
Real Estate Loans
and Related
Projects Investment
transactions only)

Disbursement
Documents 18
indicate the name
and address of the
party receiving the
funds
• Account/loan
payment history
from financial
system

Other
Documentation (as
Applicable)
Applicant should: (1)
submit a copy of the
original note; or (2)
other internal
documentation that
demonstrates the
increase and that
proceeds were used
to pay off an existing
loan with the
Applicant. Applicants
are encouraged to
include a note
indicating the amount
of new principal for
the Applicant and
where evidence of
the refinance may be
found in the
supporting
documentation.
• For “RefinanceUnaffiliated
Institution”
transactions, the
Applicant should
submit any additional
documentation
necessary to
demonstrate that the
loans proceeds were
used to pay off a
loan with an
unaffiliated
institution. Applicants
should rely on their
own internal
documentation to
demonstrate that the
proceeds were used
to pay off an existing
loan. Additional
documentation such
as wire transfer
instructions, etc. may
be submitted if the
use of proceeds is
not clear from the
closing or
disbursement
document.
Applicants are
encouraged to
include a note
indicating where the
evidence of the
refinance may be

CDFI Fund | BEA Program Application

Category

SubCategory/
Activity Type

Closing
Documents

Disbursement
Documents 18

Other
Documentation (as
Applicable)
found in the
supporting
documentation. If
documentation is not
available, Applicants
must include a
detailed note that
indicates the name of
the Unaffiliated
Institution, refinance
date, and loan
amount.

Service
Activities

Deposit
Liabilities

Narrative on methodology used to determine that: (1) account holders are
Residents of the Distressed Community; and (2) Deposit Liabilities were
accepted at a location within the Distressed Community.

Service
Activities

Community
Services

Applicants must provide the methodology used to: (1) derive the value, and
(2) determine that the Applicant provided the Community Service to Eligible
Residents, newly-formed small businesses, Low- and Moderate-Income
homeowners, or homeowners in the Distressed Community. If external
sources are referenced in the narrative, the Applicant must explain how it
reached the conclusion that the cited references are directly related to the
Low-and Moderate-Income homeowners for which it is claiming to have
provided the Financial Services to. Applicants can either use the text box or
provide this information as a separate attachment. Also, if applicable,
Applicants can include as an attachment an itemized list of staff time and
administrative costs.

Service
Activities

Financial
Services

For new Branches or Automated Teller Machines (ATMs), complete
“Certification of ETAs, New Branches or Automated Teller Machines” form.

Service
Activities

Targeted
Financial
Services

For ETAs, complete “Certification of ETAs, New Branches or Automated
Teller Machines” form.

CDFI Fund | BEA Program Application

Qualified Activity Documentation - CDFI Related Activities
Eligible CDFI Related Activities consist of the CDFI Equity Investments/Equity-Like Loans and CDFI
Support Activities sub-categories. An Equity Investment is defined as assistance provided by an Applicant
or its Subsidiary to a Certified CDFI in the form of a grant, a stock purchase, a purchase of a partnership
interest, a purchase of a limited liability company membership interest, or any other investment deemed
to be an Equity Investment by the CDFI Fund. Equity-Like Loan is defined as a loan that has been made
under certain terms and conditions that give it equity-like characteristics (see the FY 202X BEA Program
NOFA for terms and conditions). A CDFI Support Activity is defined as assistance provided by an
Applicant or its Subsidiary to a Certified CDFI that is Integrally Involved in a Distressed Community, in the
form of the origination of a loan, Technical Assistance, or deposits (see the FY 202X BEA Program NOFA
for terms and conditions).
REPORTING CDFI RELATED ACTIVITIES
“Reporting BEA Qualified Activities” section: For the purpose of reporting an Applicant’s Baseline
Period activities in the “Reporting BEA Qualified Activities” section of the BEA Program Electronic
Application in AMIS, the Applicant must report all CDFI Related Activities that it engaged in with any
Certified CDFI that would have qualified as an eligible CDFI Partner according to the BEA Program
Regulations and applicable NOFA during the Baseline Period -- not just new activities engaged in with
specific CDFIs during the Assessment Period.
“Individual Transactions Considered for an Award” section: Applicants report the dollar value of
each individual transaction. For Technical Assistance to a CDFI Partner, list the dollar value of each unit
of Technical Assistance, according to each CDFI Partner recipient. See instructions for the “Individual
Transactions Considered for an Award” section of the BEA Program Electronic Application in AMIS for
additional required information.
DOCUMENTING CDFI RELATED ACTIVITIES
Closing Documents: For all CDFI Related Activities (except Technical Assistance provided to CDFIs),
provide documentation demonstrating that the transaction closed during the Assessment Period. Such
documentation must include a legally binding agreement between the Applicant and the CDFI Partner (e.g.,
grant letter, loan agreement, promissory note, investment agreement, or stock purchase agreement).
Certificates of Deposits renewed for a new 3-year term must include documentation indicating the original
date of deposit, interest rate (materially below market), and expiration date. Renewed Certificates of
Deposits that do not indicate the original date of deposit, interest rate (materially below market), and
maturity will be disqualified. Document Technical Assistance provided to CDFIs by providing an itemized
list of the administrative costs of providing such services.
Disbursement Documents: For all CDFI Related Activities (except Technical Assistance provided to
CDFIs), provide documentation demonstrating an initial disbursement occurred during the Assessment
Period in a manner consistent with customary business practices and was reasonable given the nature of
the transaction. Acceptable documentation includes copies of checks, wire transfer receipts, credit/debit
screenshots from the accounting system and credit/debit slips from the general ledger. If the Applicant has
not made a disbursement on a transaction closed within the Assessment Period, provide a narrative
describing: (1) why making no initial disbursement was customary business practice and reasonable given
the nature of the transaction, and (2) funds were available at the CDFI Partner’s discretion at closing,
subject to reasonable conditions (i.e. meeting project milestones).
CDFI Fund | BEA Program Application

Other Documentation: Applicants submitting transactions in the CDFI Support Activities sub-category
must submit an “Integral Involvement Form for CDFI Support Activities” for each transaction. The form is
available on the BEA Program page of the CDFI Fund’s website and in Part II of this Application.
Equity-Like Loans: As outlined in the NOFA, Equity-Like Loans must meet the following characteristics:
1. At the end of the initial term, the loan must have a definite rolling maturity date that is
automatically extended if the CDFI continues to be financially sound and carry out a community
development mission – unless the borrower and the bank mutually agree to terminate the
agreement.
2. Periodic payments of interest and/or principal may only be made out of the borrower CDFI’s
available cash flow after satisfying all other obligations.
3. Failure to pay principal or interest (except at maturity) will not automatically result in
noncompliance.
4. The loan must be subordinated to all other debt except for other Equity-Like Loans.
Note: the CDFI Fund reserves the right to determine, in its sole discretion and on a case-by-case basis, if
an instrument meets the above-stated characteristics of an Equity-Like Loan.

Qualified Activity Documentation - Distressed Community Financing
Activities
Eligible Distressed Community Financing Activities include Affordable Housing Development Loans
and related Project Investments; Affordable Housing Loans; Commercial Real Estate Loans and related
Project Investments; Education Loans; Home Improvement Loans; Small Dollar Consumer Loans; and
Small Business Loans and related Project Investments.
Affordable Housing Development Loans and related Project Investments: To be considered qualified
activities, Affordable Housing Development Loans and Related Project Investments must be loans or
investments to finance the acquisition, construction, and/or development of single- or multi-family
residential real property, located in a Distressed Community. At least 60% of the units in such property must
be affordable to Low- and Moderate-Income individuals. Applicants should note that eligible Affordable
Housing Development Loans and related Project Investments do not include housing for students or school
dormitories. For purposes of this Application, “affordable” is defined as a unit that is or will be sold or rented
to a Low- and Moderate-Income Individual.
When submitting Affordable Housing Development Loan and Project Investment transactions, Applicants
must: (1) provide documentation that at least 60% of the units in the property financed are or will be sold
or rented to Eligible Residents 20 who meet Low-and-Moderate-income requirements 21, or (2) if such
20

The Eligible Resident test is determined by using the eligibility data to determine whether the occupants reside in a qualified
tract.

The BEA Program Tabular Data on the CDFI Fund’s website provides information on the median family income for applicable

census tracts. Applicants have the option to use the tabular data to determine whether the occupants: (1) reside in a qualified
census tract; and (2) meet Low-and Moderate income requirements. Per the FY 202X BEA Program NOFA, Low-Income means
borrower’s income that does not exceed 80% of the area median income, and Moderate-Income means borrower income may be
81% to no more than 120% of the area median income, according to the U.S. Census Bureau data. Applicants should provide
documentation supporting the determination that at least 60% of the units in the property financed are or will be sold or rented to

CDFI Fund | BEA Program Application

documentation is not available, provide a brief analytical narrative describing how the determination was
made that at least 60% of the units in the property financed have or will be sold or rented to Eligible
Residents who meet Low-and Moderate-Income individuals requirements.
Affordable Housing Loans: To be considered a Qualified Activity, an Affordable Housing Loan must be
$500,000 or less, made to an Eligible Resident who meets Low- and Moderate-Income requirements, with
a purpose to purchase a primary residence located in a Distressed Community. An Applicant may determine
the total dollar value of such loans closed during the Baseline Period and the Assessment Period using one
of the following methods (an Applicant may use different methods for the Baseline and Assessment
Periods):
Exact Count Method: Collect income data on each mortgage borrower. Use this data to determine
which mortgage borrowers are Low- and Moderate-Income Residents. Count only those
mortgage loans where the borrower is a Low- and Moderate-Income Resident.
Certification Method: Count the number of mortgage borrowers that the Applicant reasonably
believes are Low- and Moderate-Income Residents. Provide a brief analytical narrative with
information describing how this determination was made (e.g., all borrowers for a certain
mortgage loan must pre-qualify as Low-Income).
Commercial Real Estate Loans and related Project Investments: To be considered a Qualified Activity,
a Commercial Real Estate Loan must be a loan secured by real estate and used to finance the acquisition
or rehabilitation of a building, or the acquisition, construction and/or development of property located in a
Distressed Community and used for commercial purposes. Supporting documentation must include the
address where the property is located.
Education Loans: To be considered a Qualified Activity, an Education Loan must be a loan provided to a
student, who is a resident in a Distressed Community, for the purpose of financing either college or
vocational education.
Home Improvement Loans: To be considered a Qualified Activity, a Home Improvement Loan must be
$500,000 or less, made to a borrower located in a Distressed Community for the purpose of improving the
borrower’s primary residence. A Home Improvement Loan can be either secured or unsecured as noted in
the BEA Program Interim Rule
Small Dollar Consumer Loans: To be considered a Qualified Activity, a Small Dollar Consumer Loan is
a loan that serves as an alternative to a higher cost credit product and is provided to a borrower that is an
Eligible Resident and meets the criteria specified in the FY 202X BEA Program NOFA and in the
Glossary of Terms included in the FY 202X BEA Program Supplemental Guidance and Frequently Asked
Questions document.
Small Business Loans and related Project Investments: To be considered a Qualified Activity, a Small
Business Loan must be a loan used for commercial or industrial purposes (other than an Affordable Housing
Loan, Affordable Housing Development Loan, Commercial Real Estate Loan, Home Improvement Loan),

Eligible Residents who meet Low-and-Moderate income requirements. Examples could be documentation regarding the borrowers
participation in state, local, or Federal government programs (i.e., HUD’s LIHTC or Section 8), and/or internal documentation
between the bank and borrower indicating this determination. The narrative can be included with other supporting documentation
or in the Notes field of the Transaction Detail page in AMIS. Per the FY 202X BEA Program NOFA, the CDFI Fund reserves the right
to contact the Applicant to confirm or clarify information.

CDFI Fund | BEA Program Application

to a business or farm, that meets the size eligibility standards of the Small Business Administration’s
Development Company of Small Business Investment Company programs (13 C.F.R. 121.301), or, has
gross annual revenues of $1 million or less and is located in a Distressed Community.
REPORTING DISTRESSED COMMUNITY FINANCING ACTIVITIES
An Applicant must report the total dollar value of each individual loan or investment. See instructions for
the “Individual Transactions Considered for an Award” section of the BEA Program Electronic Application
in AMIS for additional required information.
DOCUMENTING DISTRESSED COMMUNITY FINANCING ACTIVITIES GREATER THAN OR EQUAL
TO $250,000 22
Closing Documents: The Applicant shall provide documentation showing that the transaction closed
during the Assessment Period. Such documentation must include a legally binding agreement between the
Applicant and the borrower/investee/recipient (e.g., loan agreement, promissory note, investment
agreement, or stock purchase agreement).
For real estate related transactions such as Affordable Housing Loans (AHL), Affordable Housing
Development and Related Project Investments (AHD), Home Improvement Loans (HIL), and Commercial
Real Estate (CRE), the closing document must include the address of the real estate that was financed If
the closing document does not indicate the address of the financed real estate, the Applicant must submit
additional documentation that indicates the address of the real estate that was financed. If an individual
loan financed real estate at more than one physical location , the Applicant must: (1) provide documentation
that indicates all addresses of the real estate financed, (2) include maps from CIMS which demonstrates
that one or more of the remaining addresses are in a Distressed Community, (3) indicate the dollar amount
financed for each address located in a Distressed Community, and (4) only enter the total dollar amount
financed for all addresses which are located in a Distressed Community in the ‘Total Dollar Value’ field in
AMIS. Transactions missing this information will be ineligible.
Disbursement Documents: The Applicant must provide documentation showing all disbursements
occurred during the Assessment Period in a manner consistent with customary business practices and
reasonable given the nature of the transaction. Acceptable documentation includes copies of checks, wire
transfer receipts, credit/debit screenshots from the accounting system, and credit/debit slips from the
general ledger.

CDFI Fund | BEA Program Application

Qualified Activity Documentation - Service Activities
Service Activities include Deposit Liabilities; Community Services; Financial Services; Targeted Financial
Services; and Targeted Retail Savings/Investment Products. Definitions of qualified activities are found in
the BEA Program Regulations, applicable NOFA, and Supplemental Guidance for Applicants.
REPORTING AND DOCUMENTING DEPOSIT LIABILITIES
“Reporting BEA Qualified Activities” section: The increase in Deposit Liabilities is calculated by
taking the net change in the amount of eligible Deposit Liabilities within the Baseline Period (from
DATE to DATE) and within the Assessment Period (from DATE to DATE).
o Report the dollar value of the net change in Deposit Liabilities for each period in the
appropriate columns on Table 5: “Reporting BEA Qualified Activities’ section of the BEA
Program Electronic Application in AMIS.
Table 6: “Transactions to be Considered for an Award” section:
o Enter the dollar value of the net change in Deposit Liabilities for the Assessment Period.
Do not report the total dollar value of Deposit Liabilities as of the last day of each applicable period – instead,
calculate the net change over the course of the Assessment Period. Do not report each individual depositor
in the “Individual Transactions to be Considered for an Award” section of the BEA Program Electronic
Application in AMIS – only report the net change for each period. There will be fields within the Deposit
Liabilities transactions page to assist Applicants in recording this information correctly, including a comment
box where Applicants explain the methodology used to determine that (1) account holders are Residents
and a field to confirm that Deposit Liabilities were accepted at a location in the Distressed Community.
REPORTING AND DOCUMENTING COMMUNITY SERVICES
Calculate the total dollar value of providing the Community Service by determining the administrative cost
of providing the activity. For staff time, use the number of hours contributed multiplied by the staff person’s
hourly salary. For other administrative costs, the Applicant should report the actual cost.
Report the total dollar value of all Community Service Activities for each period in the Table 5: “Reporting
BEA Qualified Activities” section of the BEA Program Electronic Application in AMIS. Report the dollar value
of each individual Community Service Activity on “Transactions to be Considered for an Award” section of
the BEA Program Electronic Application in AMIS.
Applicants must provide the methodology used to: (1) derive the value, and (2) determine that the Applicant
provided the Community Service to Eligible Residents, newly-formed small businesses, Low- and
Moderate-Income homeowners, or homeowners in the Distressed Community. If the narrative references
external sources, the Applicant must explain how it reached the conclusion that the cited references are
directly related to the Low-and Moderate-Income homeowners for which it is claiming to have provided the
Financial Services to. Applicants can either use the text box or provide this information as a separate
attachment. If applicable, Applicants can include as an attachment an itemized list of staff time and
administrative costs.
REPORTING AND DOCUMENTING ALL OTHER SERVICE ACTIVITIES
Determine the total dollar value of Financial Services, Targeted Financial Services, and Targeted Retail
Savings/Investment Products provided to Eligible Residents during the Baseline Period and Assessment
Period using one of the following methods:
CDFI Fund | BEA Program Application

Exact Count Method: For Community Services provided to homeowners only: Collect
income data on each recipient of the specified activity, or use the list of BEA qualified
census tracts and other eligibility data which is available on the CDFI Fund’s public
website. Use this data to determine which recipients are Low- and Moderate-Income
Residents. Multiply this number by (i) the per unit value specified in the NOFA, or (ii) if
the activity is not specified in the NOFA, by the Applicant’s estimate of the per unit value.
Certification Method: Take the number of recipients that the Applicant reasonably
believes are Eligible Residents and multiply it by (i) the per unit value specified in the
NOFA, or (ii) if the activity is not specified in the NOFA, by the Applicant’s estimate of the
per unit value. The Applicant must provide a brief analytical narrative with information
describing how this determination was made.
Report the combined total dollar value of Financial Services, Targeted Financial Services,
and Targeted Retail Savings/Investment Products on the applicable line of the “Reporting
BEA Qualified Activities” and “Individual Transactions Considered for an Award” sections
of the BEA Program Electronic Application in AMIS. Do not report the value of each
individual service activity separately in the “Individual Transactions Considered for an
Award” section (i.e., do not list each check cashed or new account opened separately on
its own line on the Report of Transaction). In the “Service Provided” column, indicate the
transaction according to the type (e.g., “checks cashed” or “new accounts opened”).
For Financial Services, if using a per unit value not prescribed in the NOFA, provide a
narrative statement that describes the methodology used to derive the value. The CDFI
Fund will determine if this value is acceptable. If external sources are referenced in the
narrative, the Applicant must explain how it reached the conclusion that the cited
references are directly related to the Eligible Residents for which it is claiming to have
provided the Financial Services to.
An Applicant seeking an Award for providing Targeted Financial Services or for opening a
new retail branch must complete and submit a Certification of ETA or New Branches form.

Instructions for Uploading Qualified Activity Documentation
Qualified activity documentation must be submitted electronically through AMIS. Applicants will attach
Qualified Activity documentation when entering individual transactions to be considered for a BEA
Program Award, as instructed in the ‘AMIS Training Manual: BEA Program Electronic Application
Submission Guide'.
NAMING CONVENTION CONSIDERATIONS
Applicants should follow the File Naming Convention guidance in the table below and should not include
the name of an individual borrower in the file name. Do not use spaces to separate Street Address from
Category and the Category from the Activity Type - use underscores (_) instead.
For large files that need to be uploaded in multiple parts, please follow the File Naming Convention
guidance and add a number to the beginning of the file name. Continue with the numbering as many
times as needed to upload the entire file.
For example, a smaller file name would be:
Street Address_Category_ActivityType
CDFI Fund | BEA Program Application

A larger file would be numbered and uploaded in multiple parts. For example:
Street Address_Category_ActivityType_1;
Street Address_Category_ActivityType_2;
Street Address_Category_ActivityType_3

Investment Type

CDFI Related –
Equity Investment
CDFI Related –
Equity Like Loan
CDFI Related –
Grants
CDFI Related –
Loans
CDFI Related –
Deposits/Shares
CDFI Related –
Technical
Assistance
DCFA – Consumer
Loans – Affordable
Housing Loans
DCFA – Consumer
Loans – Education
Loans
DCFA – Consumer
Loans – Home
Improvement
Loans
DCFA –
Counsumer Loans
– Small Dollar
Consumer Loans
DCFA –
Commercial Loans
– Affordable
Housing
Development
Loans
DCFA –
Commercial Loans
– Commercial Real
Estate
DCFA –
Commercial Loans

File Naming Convention

Example

RecipientCDFIName_Category_ActivityType

ABC CDFI_CDFI_CEI

RecipientCDFIName_Category_ActivityType

ABC CDFI_CDFI_ELL

RecipientCDFIName_Category_ActivityType

ABC CDFI_CDFI_CG

RecipientCDFIName_Category_ActivityType

ABC CDFI_CDFI_LNS

RecipientCDFIName_Category_ActivityType

ABC CDFI_CDFI_DS

RecipientCDFIName_Category_ActivityType

ABC CDFI_CDFI_TAC

Street Address_Category_ActivityType

123 Main St_DCFA_AHL

Street Address_Category_ActivityType

123 Main St_DCFA_EDU

Street Address_Category_ActivityType

123 Main St_DCFA_HIL

Street Address_Category_ActivityType

123 Main St_DCFA_SDL

Street Address_Category_ActivityType

123 Main St_DCFA_AHD

Street Address_Category_ActivityType

123 Main St_DCFA_CRE

Street Address_Category_ActivityType

123 Main St_DCFA_SBL

CDFI Fund | BEA Program Application

Investment Type

– Small Business
Loans
Service Activities –
Deposit Liabilities
Service Activities –
Community
Services
Service Activities –
Financial Services
Service Activities –
Targeted Financial
Services
Service Activities Targeted Savings
Products

File Naming Convention

Example

ServiceActivitiesNarrative_Category_ActivityType

DepositsNarrative_SA_D

ServiceActivitiesNarrative_Category_ActivityType

ServiceActivitiesNarrative_SA_CS

ServiceActivitiesNarrative_Category_ActivityType

ServiceActivitiesNarrative_SA_FS

ServiceActivitiesNarrative_Category_ActivityType

ServicesActivitiesNarrative_SA_T
FS

ServiceActivitiesNarrative_Category_ActivityType

ServicesActivitesNarrative_SA_TS
P

CDFI Fund | BEA Program Application

File Type	application/pdf
File Title	FY 2021 BEA Pprogram Application - Comment Review
Author	Joan Reid-Patrick
File Modified	2023-01-19
File Created	2023-01-19