CDFI Fund Opens FY 2013 Funding Round of BEA Program

The CDFI Fund recently announced that application materials are now available on its website for the 2013 Bank Enterprise Award (BEA) Program. For FY 2013, approximately $17.1 million in awards will be made to Federal Deposit Insurance Corporation-insured banks and thrifts. Depository institutions may qualify for BEA Program awards through investments in census tracts with at least 30% of the population living at or below poverty level and with unemployment at 1.5x the national average. This includes investments in and support of CDFIs, or Community Development Financial Institutions.

Florida Community Loan Fund, FCLF, is a CDFI, providing financing throughout the State of Florida for community and economic development in low-income areas. Investment in or support of FCLF may help qualify a financial institution for BEA Awards. FCLF has beein financing non-profit and mission-based for-profit organizations since 1996, creating social impact throughout the state.

For more information on Florida Community Loan Fund's work with BEA Award winning banks, contact Rich Rollason by This email address is being protected from spambots. You need JavaScript enabled to view it..

For a full description of the BEA Awards Program, visit the CDFI Fund website.