FY 2026 Bank Enterprise Award Program Application
- 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 August 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
- Others (see text field entitled "Additional Information on Eligibility" for clarification)
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 — applying is free.
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