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.
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 Treasurys 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 |
|
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 |
