Opportunity Information: Apply for CDFI 2013 BEA
Apply for CDFI 2013 BEA
- The Community Development Financial Institutions in the community development sector is offering a public funding opportunity titled "FY 2013 Bank Enterprise Award Program" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 21.021 Bank Enterprise Award Program.
- This funding opportunity was created on Jun 3, 2013 and posted on Jun 3, 2013.
- Applicants must submit their applications by Jul 12, 2013. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $17,100,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $2,000,000.00 in funding.
- The number of recipients for this funding is limited to 85 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- FDIC Insured Depository Institutions (banks and thrifts).
[Watch] Creating a grant proposal using the step-by-step wizard inside the applicant portal:
Opportunity Summary:
The FY 2013 Bank Enterprise Award Program (BEA Program) was a discretionary federal grant opportunity offered by the U.S. Department of the Treasury through the Community Development Financial Institutions Fund (CDFI Fund). Its core purpose was to encourage and reward FDIC-insured depository institutions, meaning banks and thrifts, that actively finance and support community and economic development. Rather than funding a single project in isolation, the program was designed to provide monetary incentives that reinforce and expand what qualifying institutions are already doing in underserved markets, with an emphasis on directing more capital into economically distressed communities across the country.
In practical terms, the BEA Program aimed to complement the community development work of insured banks and thrifts by encouraging two main types of activity. First, it promoted expanded investments in CDFIs, supporting the broader ecosystem of mission-driven lenders and community finance organizations. Second, it incentivized increased levels of qualified lending, investment, and service activities in distressed areas. By paying awards tied to increases in these community development activities, the program sought to leverage federal dollars so that each award would catalyze additional private-sector or institution-led capital deployment where it is often hardest to attract financing.
For FY 2013, the opportunity was listed under Funding Opportunity Number "CDFI 2013 BEA" and categorized as a grant within the community development activity area. The estimated total funding available was $17,100,000, and the program expected to make approximately 85 awards. Individual awards were anticipated to range from a floor of $1,500 up to a ceiling of $2,000,000. Importantly, there was no cost-sharing or matching requirement stated for applicants, which can reduce barriers to participation for eligible financial institutions.
Eligibility was limited to FDIC-insured depository institutions (banks and thrifts). While the listing uses a broad eligible applicant label ("Others"), the eligibility clarification specifies that only FDIC-insured institutions qualified. The related CFDA number for this program was 21.021 (Bank Enterprise Award Program), which is the federal assistance catalog identifier used to track and reference the program.
The application timeline for this FY 2013 cycle was straightforward: the opportunity was posted on June 3, 2013, and closed on July 12, 2013, with the archive date listed as July 13, 2013. For additional official details, applicants were directed to the BEA Program webpage on the CDFI Fund website. Assistance for accessing the full announcement was available through the CDFI Fund Helpdesk at (202) 653-0421.
FY 2013 Bank Enterprise Award (BEA) Program FAQs
What is the FY 2013 Bank Enterprise Award (BEA) Program?
The FY 2013 BEA Program was a discretionary federal grant opportunity offered by the U.S. Department of the Treasury through the Community Development Financial Institutions Fund (CDFI Fund). It was designed to encourage and reward FDIC-insured depository institutions (banks and thrifts) that finance and support community and economic development.
What was the main purpose of the BEA Program?
The program's core purpose was to provide monetary incentives that reinforce and expand community development activities already being carried out by qualifying banks and thrifts, with an emphasis on directing more capital into economically distressed communities.
Did the BEA Program fund a single project or something broader?
Rather than funding one isolated project, the BEA Program was structured as an incentive program. Awards were tied to increases in qualifying community development activities, aiming to catalyze additional lending, investment, and services in underserved markets.
Which federal agency offered this opportunity?
This opportunity was offered by the U.S. Department of the Treasury through the CDFI Fund.
What kinds of activities did the BEA Program encourage?
The program emphasized two main types of activity: (1) expanded investments in Community Development Financial Institutions (CDFIs), and (2) increased levels of qualified lending, investment, and service activities in economically distressed areas.
How did the program intend to use federal dollars effectively?
By paying awards tied to increased community development activity, the program aimed to leverage federal dollars so that each award would help spur additional institution-led or private-sector capital deployment in places where financing is often difficult to attract.
What was the Funding Opportunity Number for the FY 2013 BEA Program?
The Funding Opportunity Number was "CDFI 2013 BEA."
What type of funding was this listed as?
It was categorized as a grant opportunity within the community development activity area.
How much total funding was available in FY 2013?
The estimated total funding available for FY 2013 was $17,100,000.
How many awards were expected to be made?
The program expected to make approximately 85 awards.
What was the anticipated award size range?
Individual awards were anticipated to range from $1,500 to $2,000,000.
Was there a cost-sharing or matching requirement?
No cost-sharing or matching requirement was stated for applicants in the information provided.
Who was eligible to apply?
Eligibility was limited to FDIC-insured depository institutions, meaning banks and thrifts.
The listing says "Others" as an eligible applicant. Does that mean non-banks could apply?
While the listing used a broad eligible applicant label ("Others"), the eligibility clarification specified that only FDIC-insured depository institutions (banks and thrifts) qualified.
What is the CFDA number associated with this program?
The related CFDA number was 21.021, which corresponds to the Bank Enterprise Award Program.
When was the FY 2013 opportunity posted?
The opportunity was posted on June 3, 2013.
What was the application deadline?
The opportunity closed on July 12, 2013.
When was the opportunity archived?
The archive date listed was July 13, 2013.
Where were applicants directed to find official program details?
Applicants were directed to the BEA Program webpage on the CDFI Fund website for additional official details.
Who could applicants contact for help accessing the full announcement?
Assistance for accessing the full announcement was available through the CDFI Fund Helpdesk at (202) 653-0421.
Browse more opportunities from the same category: Community Development
Next opportunity: Project to Reduce Child Labor in Burma
Previous opportunity: RESEARCH DEVELOPMENT TO PERFORM CADASTRAL COMPUTATIONAL SOFTWARE MODERNIZATION DEVELOPMENT
USGrants.org Applicant Portal:
Are you interested in learning about about how to apply for this government funding opportunity? You can create a free applicant account and receive instant access to our applicant portal that many business owners like you have benefited from.
Apply for CDFI 2013 BEA
[Watch] how do funding administrators access proposals?
Applicants also applied for:
Applicants who have applied for this opportunity (CDFI 2013 BEA) also looked into and applied for these:
| Funding Opportunity |
|---|
| Communitity Connect Apply for RDRUS CC 2013 Funding Number: RDRUS CC 2013 Agency: Utilities Programs Category: Community Development Funding Amount: $3,000,000 |
| Rural Housing Preservation Grants Apply for USDA RD HCFP HPG 2013 Funding Number: USDA RD HCFP HPG 2013 Agency: Utilities Programs Category: Community Development Funding Amount: $50,000 |
| Enhancing Resilience to Climate Change Impacts through Community Managed Disaster Risk Reduction (CM DRR). Apply for APS 663 13 000004 Funding Number: APS 663 13 000004 Agency: Ethiopia USAID Addis Ababa Category: Community Development Funding Amount: $12,000,000 |
| Capacity Building for Community Development and Affordable Housing Grants (Section 4) Apply for FR 5700 N 21 Funding Number: FR 5700 N 21 Agency: Department of Housing and Urban Development Category: Community Development Funding Amount: Case Dependent |
| Border Community Capital Initiative (BCCI) Apply for FR 5600 N 38 Funding Number: FR 5600 N 38 Agency: Department of Housing and Urban Development Category: Community Development Funding Amount: $1,000,000 |
| OneCPD Plus Technical Assistance and Capacity Building under the Transformation Initiative Apply for FR 5700 N 19 Funding Number: FR 5700 N 19 Agency: Department of Housing and Urban Development Category: Community Development Funding Amount: Case Dependent |
| Richmond Folk Festival Apply for WASO NPS P13AC00728 Funding Number: WASO NPS P13AC00728 Agency: National Park Service Category: Community Development Funding Amount: $29,000 |
| New Bed Ford Water Front Festival Apply for NPS WASO P13AC00729 Funding Number: NPS WASO P13AC00729 Agency: National Park Service Category: Community Development Funding Amount: $18,000 |
| Veterans Cemetery Grants Apply for VA GRANTS NCA FY2014 Funding Number: VA GRANTS NCA FY2014 Agency: VA National Cemetery Administration Category: Community Development Funding Amount: $46,000,000 |
| Development Grants Program (DGP) Apply for RFA OAA 13 000020 Funding Number: RFA OAA 13 000020 Agency: Agency for International Development Category: Community Development Funding Amount: Case Dependent |
| Notice of Award Bicentennial War 1812 Apply for WASO NPS P13AC01092 Funding Number: WASO NPS P13AC01092 Agency: National Park Service Category: Community Development Funding Amount: $85,000 |
| Shared Visitor Services at Shelton Mason County Chamber of Commerce Apply for P13AC01317 Funding Number: P13AC01317 Agency: National Park Service Category: Community Development Funding Amount: $25,000 |
| FY 2014 CDFI Program FA and TA Awards Apply for CDFI 2014 FATA Funding Number: CDFI 2014 FATA Agency: Community Development Financial Institutions Category: Community Development Funding Amount: $2,000,000 |
| FY 2014 Native American CDFI Assistance Program Apply for CDFI 2014 NACA Funding Number: CDFI 2014 NACA Agency: Community Development Financial Institutions Category: Community Development Funding Amount: $750,000 |
| USAID Accountable Democratic Institutions and Systems Strengthening Project Apply for SOL 641 14 000003 Funding Number: SOL 641 14 000003 Agency: Ghana USAID Accra Category: Community Development Funding Amount: $2,200,000 |
| Early Warning and Political Violence Assessment of the West Bank Apply for CSOG CSOOPS3 13 005 Funding Number: CSOG CSOOPS3 13 005 Agency: Bureau of Conflict Stabilization Operations Category: Community Development Funding Amount: $9,500 |
| National Park Service FY 14 Youth Summit Apply for NPS NOIP14AC00337 Funding Number: NPS NOIP14AC00337 Agency: National Park Service Category: Community Development Funding Amount: Case Dependent |
| Advancing Kosovo Together Local Solutions Apply for XXXX Funding Number: XXXX Agency: Kosovo USAID Pristina Category: Community Development Funding Amount: Case Dependent |
| FY 2014 Bank Enterprise Award Program Apply for CDFI 2014 BEA Funding Number: CDFI 2014 BEA Agency: Community Development Financial Institutions Category: Community Development Funding Amount: $2,000,000 |
| Support to Ethnic Tibetans in China Apply for USAID RDMA SOL 486 14 000026 Funding Number: USAID RDMA SOL 486 14 000026 Agency: Thailand USAID Bangkok Category: Community Development Funding Amount: $25,000,000 |
Grant application guides and resources
It is always free to apply for government grants. However the process may be very complex depending on the funding opportunity you are applying for. Let us help you!
Apply for Grants
Premium leads for funding administrators, grant writers, and loan issuers
Thousands of people visit our website for their funding needs every day. When a user creates a grant proposal and files for submission, we pass the information on to funding administrators, grant writers, and government loan issuers.
If you manage government grant programs, provide grant writing services, or issue personal or government loans, we can help you reach your audience.
Subscribe to Leads
Request more information:
Would you like to learn more about this funding opportunity, similar opportunities to "CDFI 2013 BEA", eligibility, application service, and/or application tips? Submit an inquiry below:
Don't forget to subscribe to our grant alerts mailing list to receive weekly alerts on new and updated grant funding opportunities like this one in your email.