FY 2014 Bank Enterprise Award Program
Through the Bank Enterprise Award Program (BEA Program), the U.S. Department of the TreasuryÂ’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.
General information about this opportunity
Last Known Status
Deleted 06/03/2014 (Archived.)
Agency: Department of the Treasury
Office: Community Development Financial Institutions Fund
Type(s) of Assistance Offered
Number of Awards Available
Who is eligible to apply/benefit from this assistance?
FDIC-Insured Depository Institutions (banks and thrifts).
What is the process for applying and being award this assistance?
Other Assistance Considerations
Formula and Matching Requirements
This program does not have cost sharing or matching requirements.
Who do I contact about this opportunity?
CDFI Fund Helpdesk
Range and Average of Financial Assistance
Awards range from $1,500.00 to $2,000,000.00