Bank Enterprise Award Program Application
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Eligible Recipients:
Program Purpose:
- Economic Development
Reserved for Energy
Communities?
Upcoming Milestones:
Bureau/Office:
Funded by:
Overview
Eligibility Note: Applicants must be FDIC-Insured Depository Institutions (banks and thrifts).
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 monetary awards for increasing investments in CDFIs and for increasing qualified lending, investment, and service activities within economically distressed communities. Providing BEA Program awards for increasing community development activities leverages the CDFI Fund’s dollars and puts more capital to work in distressed communities throughout the nation.
Related Resources
Additional information is available on the Resources page.Funding Details
Funding Source:
- Annual Appropriation
Funding Type:
Total Amount Available:
Limit per Applicant:
Estimated Awards:
Applicant Guidance
Contact Information
(202) 653-0421