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Overview
The CDFI Fund disburses on BEA Program awards as the awardee disburses on the transactions on which the award is based (i.e., "Qualified Activities"). According to current BEA Program regulations, awardees have 12 months from the end of the Assessment Period to disburse on Qualified Activities and 18 months to request the corresponding portion of their awards and an additional 6 months to submit subsequent disbursement requests to receive the outstanding balance of their awards. Undisbursed award balances not requested by the applicable deadline will be de-obligated.
The CDFI Fund strongly encourages awardees to submit subsequent disbursement requests as soon as possible after they have fully disbursed on their Qualified Activities.
Subsequent Disbursement Requests must be sent to:
CDFI Fund
BEA Program Manager
601 13th St., NW
Suite 200 South
Washington, DC 20005
Or via email to:
To: cdfihelp@cdfi.treas.gov
Subject: BEA Subsequent Disbursement
Subsequent Disbursement Materials
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