Treasury Announces 2015 Bank Enterprise Award Funding

The Treasury Department’s Community Development Financial Institutions Fund today announced $18 million in funding for the 2015 Bank Enterprise Awards, which encourage banks to increase their investments and loans in disadvantaged communities. The BEA program is the only program to which CDFI banks have had regular access in recent years. The first deadline in the application process for BEA funds is June 15.

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Evan Sparks

Evan Sparks is editor-in-chief of the ABA Banking Journal and vice president for publications at the American Bankers Association.