FY 2015 Bank Enterprise Award Program

Funding Opportunity Number: CDFI-2015-BEA Opportunity Category: DiscretionaryFunding Instrument Type: GrantCategory of Funding Activity: Community DevelopmentCFDA Number: 21.021Eligible Applicants Others (see text field entitled "Additional Information on Eligibility" for clarification)Agency Name: USDOT-CDFIClosing Date: Jun 15, 2015Award Ceiling: $2,000,000Expected Number of Awards: 80Creation Date: May 04, 2015Funding Opportunity 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 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.

Source: Grants.gov - May 4, 2015 Category: Research Tags: Community Development Source Type: funding