Description
The Bank Enterprise Award Program (BEA Program) supports FDIC-insured financial institutions that are dedicated to financing and supporting community and economic development activities. The program provides monetary awards for increasing investments in Community Development Financial Institutions (CDFI) and for increasing qualified lending, investment, and service activities within economically distressed communities.
Key aspects of the program include:
• Increasing investments in CDFIs
• Increasing qualified lending, investment, and service activities in economically distressed communities
• Providing monetary awards to support community development activities
• Leveraging the CDFI Fund's dollars to put more capital to work in distressed communities
Attached files
The solicitation documents live at the source — open the bid source above to download them.