FY 2014 Bank Enterprise Award Program

Archived

Community Development Financial Institutions

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Description

Through the Bank Enterprise Award Program (BEA Program), the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) supports FDIC-insured financial institutions around the country that are dedicated to financing and supporting community and economic development activities. The BEA Program complements the community development activities of insured depository institutions (i.e., banks and thrifts) by providing financial incentives to expand investments in CDFIs and to increase qualified lending, investment, and service activities within economically distressed communities. Providing monetary awards for increasing community development activities leverages the CDFI Funds dollars and puts more capital to work in distressed communities throughout the nation.

Who can apply

  • Others

Contact

CDFI Fund Helpdesk <br/>Phone 202-653-0421
cdfihelp@cdfi.treas.gov

Key dates & funding
  • PostedApr 23, 2014
  • ClosesJun 2, 2014
  • Award floor$1,500
  • Award ceiling$2,000,000
  • Program funding$18,000,000
  • Expected awards85
  • CFDA21.021
Categories
Community Development

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