FY 2026 Bank Enterprise Award Program Application

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. The goal of the program is to leverage the CDFI Fund's dollars and put more capital to work in distressed communities throughout the nation. • The program is open to FDIC-Insured Depository Institutions (banks and thrifts). • The program provides monetary awards for increasing community development activities. • The program aims to leverage the CDFI Fund's dollars and put more capital to work in distressed communities. • The application period is from June 30, 2026, to July 24, 2026. • The estimated funding for the program is $40,000,000.