FY 2012 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 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 07/28/2012 (Archived.)
Program Number
CDFI-2012-BEA
Federal Agency/Office
Agency: Department of the Treasury
Office: Community Development Financial Institutions Fund
Type(s) of Assistance Offered
Grant
Number of Awards Available
85
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
FDIC-Insured Depository Institutions (banks and thrifts).
What is the process for applying and being award this assistance?
Deadlines
07/27/2012
Other Assistance Considerations
Formula and Matching Requirements
This program does not have cost sharing or matching requirements.
Who do I contact about this opportunity?
Headquarters Office
Program HelpDesk
Phone 202-662-6355
Website Address
http://www.cdfifund.gov/what_we_do/programs_id.asp?programID=1
E-mail Address
cdfihelp@cdfi.treas.gov
Financial Information
Obligations
$18,000,000.00
Range and Average of Financial Assistance
Awards range from $1,500.00 to $2,000,000.00
