Bank Enterprise Award (BEA) Disperses Economic Development Funds to a Record Number of Distressed Communities across the Nation

Tuesday, August 22, 2017

The CDFI Fund announced $18.6 million in 2016 Bank Enterprise Award grants to mission-focused banks for their service in high poverty communities. This Fund – which yields an enormously high impact with a near-negligible proportion of the federal budget – is under threat in the immediate years to come.