CDFI Fund Opens FY 2015 Funding Round of BEA Program

CDFI Fund
Monday, May 4, 2015

The CDFI Fund has opened the FY 2015 application round for the Bank Enterprise Award Program (BEA Program). The BEA Program provides a total of $18 million formula-based grants to FDIC-insured depository institutions that successfully demonstrate an increase in their investments in CDFIs or in their own lending, investing or service activities in distressed communities. Application materials are now available here. Part I of the application must be submitted through Grants.gov by 11:59 p.m. EDT on June 15, 2015. Part II of the application must be submitted through myCDFIFund by 5:00 p.m. EDT on June 17, 2015.