FY 2015 Bank Enterprise Award Program

The summary for the FY 2015 Bank Enterprise Award Program grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, 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 as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Community Development Financial Institutions, which is the U.S. government agency offering this grant.
FY 2015 Bank Enterprise Award Program: 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.
Federal Grant Title: FY 2015 Bank Enterprise Award Program
Federal Agency Name: Community Development Financial Institutions
Grant Categories: Community Development
Type of Opportunity: Discretionary
Funding Opportunity Number: CDFI-2015-BEA
Type of Funding: Grant
CFDA Numbers: 21.021
CFDA Descriptions: Bank Enterprise Award Program
Current Application Deadline: Jun 15, 2015
Original Application Deadline: Jun 15, 2015
Posted Date: May 4, 2015
Creation Date: May 4, 2015
Archive Date: Jun 16, 2015
Total Program Funding: $18,000,000
Maximum Federal Grant Award: $2,000,000
Minimum Federal Grant Award: $1,500
Expected Number of Awards: 80
Cost Sharing or Matching: 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).
Link to Full Grant Announcement
BEA Program webpage on the CDFI Funds website.
Grant Announcement Contact
Jay Santiago CDFI Fund Helpdesk Phone 202-653-0421
CDFI Fund Helpdesk

Community Development Financial Institutions 2029276229
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