FY 2026 Bank Enterprise Award Program Application

USDOT-CDFI Posted CDFI-2026-BEA

Description

Through the Bank Enterprise Award Program (BEA Program), the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) supports FDIC-insured financial institutions around the country that are dedicated to financing and supporting community and economic development activities. The BEA Program complements the community development activities of insured depository institutions (i.e., banks and thrifts) by providing monetary awards for increasing investments in CDFIs and for increasing qualified lending, investment, and service activities within economically distressed communities. Providing BEA Program awards for increasing community development activities leverages the CDFI Fund’s dollars and puts more capital to work in distressed communities throughout the nation.

Eligibility

Applicants must be FDIC-Insured Depository Institutions (banks and thrifts).
Actions
View on Grants.gov
Funding Details
Award Floor
$10,000.00
Award Ceiling
$600,000.00
Total Estimated Funding
$40,000,000.00
Expected Awards
180
Key Dates
Posted
June 30, 2026
Closes
July 24, 2026
Archive Date
August 23, 2026
Agency Information
Agency Name
Community Development Financial Institutions
Agency Code
USDOT-CDFI
Funding Instrument
Other