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Funding Opportunities: Bank Enterprise Award Program; 2018 Funding Round

This NOFA is issued in connection with the fiscal year (FY) 2018 funding round of the Bank Enterprise Award Program (BEA Program). The BEA Program is administered by the U.S. De...

This NOFA is issued in connection with the fiscal year (FY) 2018 funding round of the Bank Enterprise Award Program (BEA Program). The BEA Program is administered by the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund). Through the BEA Program, the CDFI Fund awards formula-based grants to depository institutions that are insured by the Federal Deposit Insurance Corporation (FDIC) for increasing their levels of loans, investments, Service Activities, and technical assistance within highly Distressed Communities, and financial assistance to certified Community Development Financial Institutions (CDFIs) through equity investments, equity-like loans, grants, stock purchases, loans, deposits, and other forms of financial and technical assistance, during a specified period.

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83 FR 34913

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“Funding Opportunities: Bank Enterprise Award Program; 2018 Funding Round,” thefederalregister.org (July 23, 2018), https://thefederalregister.org/documents/2018-15618/funding-opportunities-bank-enterprise-award-program-2018-funding-round.