FY 2014 Bank Enterprise Award Program

Quick Facts

Due DateJune 2, 2014 (Monday)
Award Amount$ 1,500 - $ 2,000,000
Category of Funding ActivityCommunity Development
Eligible Applicants
  • Others - FDIC-Insured Depository Institutions (banks and thrifts).

Program 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.

General Information

Funding Opportunity NumberCDFI-2014-BEA
Funding Opportunity TitleFY 2014 Bank Enterprise Award Program
Opportunity CategoryCommunity Development
Funding Instrument TypeGrant
Category ExplanationNot Available
Number of Awards85
Cost Sharing or Matching RequirementNo
Posted DateApril 23, 2014 (Wednesday)
Application Due DateJune 2, 2014 (Monday)
Application Archive DateJune 3, 2014 (Tuesday)
Total Program Funding$ 18,000,000
Award Amount$ 1,500 - $ 2,000,000
CFDA Number
  • 21.021 - Bank Enterprise Award Program

Eligible Applicants

  • Others - FDIC-Insured Depository Institutions (banks and thrifts).

Contact Information

Agency NameDepartment of the Treasury
Program Information WebsiteBEA Program webpage on the CDFI Fund's website.
ContactOffice: Community Development Financial Institutions
CDFI Fund Helpdesk
Phone 202-653-0421
CDFI Fund Helpdesk

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