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FY 2026 Bank Enterprise Award Program Application

Federal funding opportunity CDFI-2026-BEA from Community Development Financial Institutions (Department of the Treasury).

Apply on Grants.gov →Application closes July 24, 2026

Posted
June 30, 2026
Closes
July 24, 2026
Award ceiling
$600,000
Award floor
$10,000
Program funding
$40,000,000
Expected awards
180
Cost sharing
No
Instrument
Grant
Assistance listing
21.021
Category
Community Development
Archives
August 23, 2026

Program funding history

Awards made under Assistance Listing 21.021 across FY2024–FY2026, from public federal spending records.

FY2024 obligated
$40M
FY2025 obligated
$0
FY2026 (to date) obligated
$0
Awards in window
506

Top recipients: Mechanics and Farmers Bank, Insouth Bank, First Naturalstate Bank, Security State Bank of Oklahoma, Piggott State Bank

Source: USAspending.gov · refreshed July 2026

Synopsis

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.

Who can apply

Applicants must be FDIC-Insured Depository Institutions (banks and thrifts).

How to apply

Applications go through the official government listing. Grants Radar links you straight to the source.

View on Grants.gov   Full announcement

Agency contact: Henny Winarsoo Grantor · bea@cdfi.treas.gov · 202-653-0333

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