U.S. Department of the Treasury’s Community Development Financial Institutions Fund: FY 2012 Bank Enterprise Award Program

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This department is offering the FY 2012 Bank Enterprise Award Program to support FDIC-insured financial institutions in financing community and economic development activities. The program provides incentives to expand investments in Community Development Financial Institutions (CDFIs) and increase lending, investment, and service activities in economically distressed areas. By awarding monetary incentives, the program maximizes the impact of CDFI Fund dollars and channels more capital into distressed communities nationwide. The closing date for applications is July 27, 2012.

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Opportunity ID: 178433

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General Information

Document Type:: Grants Notice
Funding Opportunity Number:: CDFI-2012-BEA
Funding Opportunity Title:: FY 2012 Bank Enterprise Award Program
Opportunity Category:: Discretionary
Opportunity Category Explanation:: CategoryExplanation
Funding Instrument Type::
Category of Funding Activity:: Community Development
Category Explanation::
Expected Number of Awards:: 85
Assistance Listings Number(s):: 21.021 — Bank Enterprise Award Program
Cost Sharing or Matching Requirement:: No
Version:: Synopsis 1
Posted Date:: Jun 20, 2012
Last Updated Date::
Original Closing Date for Applications:: Jul 27, 2012
Current Closing Date for Applications:: Jul 27, 2012
Archive Date:: Jul 28, 2012
Estimated Total Program Funding:: $ 18,000,000
Award Ceiling:: $2,000,000
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 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 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.
Link to Additional Information::
Grantor Contact Information:: If you have difficulty accessing the full announcement electronically, please contact:

Version History

Version Modification Description Updated Date
Synopsis 1

Package Status

Below are CLOSED Opportunity Package(s) no longer available for this Funding Opportunity:

Package No: 1

Assistance Listings: 21.021
Competition ID:
Competition Title:
Opportunity Package ID: PKG00128250
Opening Date: Jun 20, 2012
Closing Date: Jul 27, 2012
Agency Contact Information:: BEA Help Desk
Who Can Apply:: Organization Applicants
mendatory_forms SF424 Mandatory Form [V1.1]
Attachments [V1.0]
optional_forms

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Packages

Assistance Listings Competition ID Competition Title Opportunity Package ID Opening Date Closing Date Actions Who Can Apply:
21.021 PKG00128250 Jun 20, 2012 Jul 27, 2012 View BEA Help Desk Organization Applicants

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