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U.S. Treasury Community Development Financial Institutions Fund Bank Enterprise Award Program - FY 2013 Funding Round and Application Deadline
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06/17/2013
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Description:The U.S. Treasury Community Development Financial Institutions Fund (CDFI Fund) has announced that it will award $17 million in financial incentives in fiscal year 2013 through its Bank Enterprise Award Program (BEA Program) to eligible FDIC-insured depository institutions. The BEA Program was created in 1994 to support 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 by providing financial incentives to expand investments in CDFIs and to increase lending, investment, and service activities within economically distressed communities. The deadline for submitting an application is July 12, 2013.
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Release Date:06/17/2013
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Update Date:11/26/2018
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Withdrawn Date:12/01/2018
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC);U.S. Department of the Treasury;
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Fdic Employee Involved:Jo Ann Wilkerson;Luke W. Reynolds;
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Source:FDIC Website
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Memorandum To:FDIC-Supervised Banks (Commercial and Savings)
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FIL Number:FIL-28-2013
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