The CDFI Fund is offering the Bank Enterprise Award (BEA) Program to support financial institutions in financing community and economic development activities. This grant aims to incentivize insured depository institutions to expand investments in CDFIs and increase lending, investment, and service activities in economically distressed communities. By providing monetary awards, the program leverages capital to enhance community development efforts nationwide. The closing date for this opportunity is March 13, 2009.
Opportunity ID: 44886
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2009-BEA |
| Funding Opportunity Title: | BEA Program 2009 |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 60 |
| Assistance Listings: | 21.021 — Bank Enterprise Award Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | Jan 23, 2009 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | Mar 13, 2009 |
| Current Closing Date for Applications: | Mar 13, 2009 |
| Archive Date: | Mar 14, 2009 |
| Estimated Total Program Funding: | $20,000,000 |
| Award Ceiling: | $500,000 |
| Award Floor: | $1,500 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | FDIC Insured Depository Institutions (banks and thrifts). |
Additional Information
| Agency Name: | Community Development Financial Institutions |
| Description: | Through the Bank Enterprise Award (BEA) Program, the CDFI Fund supports 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 Funds dollars and puts more capital to work in distressed communities throughout the nation. |
| Link to Additional Information: | BEA Program webpage on the CDFI Fund’s website. |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
– CDFI Fund IT Help Desk call (202) 622-2455.
– For Grants.Gov access problems call (800) 518-4726. Email:ITHelpDesk@cdfi.treas.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
Related Documents
There are no related documents on this grant.
Packages
| Agency Contact Information: | – CDFI Fund IT Help Desk call (202) 622-2455. – For Grants.Gov access problems call (800) 518-4726. Email: ITHelpDesk@cdfi.treas.gov |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 21.021 | CDFI-2009-BEA | CDFI-2009-BEA | PKG00010121 | Jan 23, 2009 | Mar 13, 2009 | View |
Package 1
Mandatory forms
44886 SF424-2.0.pdf
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