FY 2026 Bank Enterprise Award Program Application
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund is soliciting applications for the FY 2026 Bank Enterprise Award Program to incentivize FDIC-insured financial institutions to expand their community development efforts. The program rewards banks and thrifts that increase their investments in Community Development Financial Institutions and enhance qualified lending, investment, and service activities in economically distressed communities across the nation. By providing monetary awards for measurable increases in these activities, the program aims to amplify the impact of federal dollars, channeling more capital toward underserved areas and fostering local economic growth. Participation is open to eligible financial institutions that demonstrate a commitment to community development through concrete, verifiable actions. Applications for the FY 2026 Bank Enterprise Award Program must be submitted by July 24, 2026, and were publicly posted on June 30, 2026, under solicitation number CDFI-2026-BEA. The program is administered by the CDFI Fund within the Department of the Treasury, with inquiries directed to Henny Winarsoo, the designated Grantor, via email at bea@cdfi.treas.gov or phone at 202-653-0333. There is no set-aside classification for this solicitation, and it is available to federal institutions meeting the program’s criteria. Applicants are expected to align their proposed activities with the program’s goals of driving capital into distressed communities, leveraging private sector resources to maximize community development outcomes.
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Full 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.
