1. Will Treasury terminate a participating jurisdiction’s second and third tranches of Capital Program funds if they are not disbursed by the statutory deadlines? [10/30/2025]

1. Will Treasury terminate a participating jurisdiction’s second and third tranches of Capital Program funds if they are not disbursed by the statutory deadlines? [10/30/2025] lauren.mccurle… Thu, 10/30/2025 - 12:06 FAQ Question 1. Will Treasury terminate a participating jurisdiction’s second and third tranches of Capital Program funds if they are not disbursed by the statutory deadlines? [10/30/2025] The SSBCI statute, at 12 U.S.C. 5702(c)(4), authorizes Treasury to terminate the availability of any SSBCI allocated funds not transferred to a participating jurisdiction if the jurisdiction has not received its second tranche by the three-year anniversary of the date that Treasury approves the jurisdiction for participation in the SSBCI Capital Program. To avoid a termination of funding under this provision of the statute, a participating jurisdiction should, within three years after the execution of its allocation agreement, (1) expend, obligate, or transfer at least 80 percent of its first tranche disbursement of allocated funds, and (2) submit a disbursement request to Treasury in accordance with FAQ #4 in Section III.b. If either of these criteria is not met, Treasury expects to