2008 BEA Program

The summary for the 2008 BEA Program Federal Grant is detailed below. It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, who is eligible for the grant, how much grant money will be awarded, important deadlines, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed in the Grant Announcement Contact section. If these sections are incomplete, please visit the website of the government agency that is offering this grant.


Federal Grant Title: 2008 BEA Program
CFDA Number: 21.021
CFDA Description: Bank Enterprise Award Program
Federal Agency Name: Community Development Financial Institutions
Category of Funding Activity: Community Development
Category Explanation: Information not provided
Opportunity Category: Discretionary
Funding Opportunity Number: CDFI-2008-BEA
Document Type: Grants Notice
Funding Instrument Type: Grant
Posted Date: Dec 10, 2007
Creation Date: Dec 10, 2007
Original Closing Date for Applications: Mar 13, 2008
Current Closing Date for Applications: Mar 13, 2008
Archive Date: Mar 14, 2008
Expected Number of Awards: 60
Estimated Total Program Funding: $10,000,000
Federal Grant Award Ceiling: $500,000
Federal Grant Award Floor: $1
Cost Sharing or Matching Requirement: No

Applicants Eligible for this Grant
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility
FDIC Insured Depository Institutions (banks and thrifts).
Grant 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 Full Grant Announcement
http://www.cdfifund.gov/what_we_do/programs_id.asp?programid=1
Grant Announcement Contact
CDFI Fund Help Desk Phone (202) 622-2455

CDFI Fund's IT Help Desk [cdfihelp@cdfi.treas.gov]
Similar Government Grants
CDFI-2011-BEA
BEA Program 2009
BEA Program 2007
2006 BEA Program Application

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