Bank Enterprise Award Program
Department Of The Treasury, Community Development Financial Institutions
The Bank Enterprise Award Program (BEA Program) provides monetary awards to FDIC-insured depository institutions (i.e., banks and thrifts) that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs) or in their lending, investing, or service-related activities in the most economically distressed communities.
Jargon-free version
Helps banks invest in their communities and support local financial institutions. Banks receive awards for increasing community development financing.
Quick Facts
Preview our US grants database โ free Excel sample
Real Excel sample. Just your email.
You'll also get our weekly grants digest. Unsubscribe anytime.
Free Excel sample of the US Grants Database, contextually offered on the Bank Enterprise Award Program program page.
What Is This Program?
What Benefits Are Offered?
Monetary awards provided to eligible institutions for successfully demonstrating increased investments and support of CDFIs, and for advancing community development financing and service activities in economically distressed communities. Award amounts align with the increase in Qualified Activities.
Who Is Eligible?
Industries: financial services
Region: United States
Other Criteria: FDIC-insured depository institutions (banks and thrifts), Demonstrate an increase in investments in Certified Community Development Financial Institutions (CDFIs) or in own lending, investing, or service activities in economically distressed communities, Engage in 'Qualified Activities' across three categories: CDFI Related Activities, Distressed Community Financing Activities, or Service Activities, Target activities in 'distressed communities', defined as areas where at least 30% of residents have incomes less than the national poverty level and the unemployment rate is at least 1.5 times the national unemployment rate
Chat with Grant experts
Browse our directory of vetted grant professionals who can help with your application.
Browse Partner Directory๐ Detailed Application Guide
๐What Are the Application Steps & Timeline?
- ๐Steps to Apply
- Step 1: Application Process
- Step 2: Award Announcement
- Step 3: Closing and Disbursement
- Step 4: Compliance and Reporting
- ๐Application Portal
- https://amis.cdfifund.gov/
- ๐คSubmission Method
- online
- ๐ Key Dates
- April 26, 2024FY 2024 Round OpensMay 9, 2024BEA Program General Application Webinar #1May 22, 2024BEA Program General Application Webinar #2May 28, 2024Deadline for Submitting SF-424 Mandatory through Grants.govJune 21, 2024Last day the CDFI Fund will answer questions about the ApplicationJune 25, 2024Last day to contact IT Help Desk regarding AMIS related support and submission of the ApplicationJune 25, 2024Deadline for submitting FY 2024 BEA Program Electronic Application in AMISSeptember 19, 2024BEA Program Award Announcement
- ๐Intake Type
- fixed-deadline
๐What Documents Are Required?
- โ Required Documents
- SF-424 (Application for Federal Assistance)
- SF-424A (Budget Information - Non-Construction)
- SF-424B (Assurances)
- Project Narrative
- Budget Narrative
- indirect cost rate agreement
- ๐Format Requirements
- PDF only, max 10MB
- ๐ฅTemplates Available
Still searching one grant at a time?
See this grant and hundreds more like this in the database instantly.
๐ฐWhat Expenses Are Eligible?
- ๐งพEligible Expenses
- costs associated with investments in low-income communities
- financial services to underserved populations
- technical assistance to community development financial institutions (CDFIs)
- ๐ซIneligible Expenses
- costs not directly related to community development
- expenses for non-eligible census tracts
- ๐Expense Caps
- Administrative costs capped at 15%
- ๐ณPayment Model
- reimbursement
- โชRetroactive Expenses Eligible
- No
๐คIs Matching Funding Required?
- ๐Matching Required
- Yes
- ๐Matching Ratio
- null
- ๐ฆEligible Matching Sources
- cash
- in-kind contributions
- ๐Stacking Rules
- null
- ๐ก๏ธProof of Matching Required
- null
๐What Are the Reporting Requirements?
- ๐๏ธReporting Frequency
- annual
- ๐Reporting Requirements
- performance progress report
- ๐Audit Requirements
- OMB Uniform Guidance Single Audit if the recipient expends $750,000 or more in federal awards
- ๐ขBranding Requirements
- acknowledgment of federal funding
- ๐๏ธRecord Retention Period
- 3 years post-final-report
How Do I Apply?
Know a grant consultant who should be listed here? Refer them.
More Programs Like This
Tanker Security Program
Department Of Transportation, Maritime Administration
The Tanker Security Program (TSP) will ensure that a core fleet of U.S.-based product tankers can operate competitively ...
National Railroad Passenger Corporation Grants
Department Of Transportation, Federal Railroad Administration
To provide financial assistance to support the operation of and capital investment in intercity passenger rail service i...
Payments for Essential Air Services
Department Of Transportation, Office Of The Secretary
The program provides subsidies to air carriers to serve eligible communities as designated by Congress .
FAQFrequently Asked Questions
Visit the program page for detailed eligibility requirements.
Contact the program administrator for funding details.
The application deadline is June 25, 2024.
Choose your tier
One-time purchase, instant .xlsx download. USD.
Promo codes can be entered at checkout.
Basic
5 columns per program
Quick reference, simple lookups, sales prospecting
- Program title and CFDA number
- Issuing organization + URL
- Short program description
- 2,812 active US federal assistance listings
- .xlsx workbook (README + All Grants tabs)
Pro
24 columns per program
Grant consultants, nonprofit grant writers, proposal teams
- Everything in Basic, plus 23 more columns
- Funding range (min / max) and application deadline
- Eligibility: business sizes, industries, geographic restrictions
- Primary program contact (email, phone)
- Audience + activity tags for filtering (Nonprofits, Universities, etc.)
- Application intake type, submission method, matching required
- "For Nonprofits" tab โ 1,500+ programs in one curated view
- Aggregation tabs: By Organization, By Theme, By Audience, Deadlines
Intelligence
49 columns per program
Data teams, AI builders, large grant operations, due-diligence research
- Everything in Pro, plus 25 more deep-extracted columns
- Long-form description + ideal-applicant summary + success tips
- Application steps, required documents, NOFO URLs, key dates
- Eligible / ineligible expenses, expense caps, payment model
- Matching ratios, eligible sources, stacking rules
- Reporting frequency, requirements, single-audit thresholds
- Plain-English 1-2 sentence rewrite of every program
- Contact Directory tab โ outreach-ready contact list
A detailed invoice will be emailed to you after purchase. Use it for company reimbursement.