FY 2024 Bank Enterprise Award Program Application

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

credit:


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 Programs

Bank Enterprise Award Program

Department of the Treasury


Agency: Department of the Treasury

Office: Community Development Financial Institutions

Estimated Funding: $40,000,000





Obtain Full Opportunity Text:
A webpage on the CDFI Fund's website with all the relevant details regarding the Bank Enterprise Award Program.

Additional Information of Eligibility:
Applicants must be FDIC-Insured Depository Institutions (banks and thrifts).

Full Opportunity Web Address:
https://www.cdfifund.gov/programs-training/Programs/bank_enterprise_award/Pages/default.aspx

Contact:


Agency Email Description:
CDFI Fund Help Desk

Agency Email:


Date Posted:
2024-04-26

Application Due Date:


Archive Date:
2024-06-27


John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.






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