Funding Opportunities: Bank Enterprise Award (BEA) Program; FY 2021 Funding Round; Correction
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Abstract
The Community Development Financial Institutions Fund (CDFI Fund) published a document in the Federal Register of October 14, 2021, concerning the Notice of Funds Availability (NOFA) inviting Applications for the Fiscal Year (FY) 2021 Funding Round of the Bank Enterprise Award Program (BEA Program). On page 57256, in Table 2-- Eligibility Requirements for Applicants, under the Criteria header for CDFI Applicant, under the Description header, it incorrectly states that an eligible Certified CDFI Applicant is an Insured Depository Institution that must be certified as a CDFI as of December 31, 2020 when in fact an eligible Certified CDFI Applicant is an Insured Depository Institution that is certified or has submitted a Certification application by December 31, 2020, has been Certified as a CDFI as of the October 14, 2021 publication date of this NOFA in the Federal Register, and maintains its status as a Certified CDFI at the time BEA Program Awards are announced. Processing this Action will correct the misinformation that was published.
Full Text
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<title>Federal Register, Volume 86 Issue 214 (Tuesday, November 9, 2021)</title>
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[Federal Register Volume 86, Number 214 (Tuesday, November 9, 2021)]
[Notices]
[Pages 62235-62236]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-24542]
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DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
Funding Opportunities: Bank Enterprise Award (BEA) Program; FY
2021 Funding Round; Correction
AGENCY: Community Development Financial Institutions Fund, Department
of the Treasury.
ACTION: Notice; correction.
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SUMMARY: The Community Development Financial Institutions Fund (CDFI
Fund) published a document in the Federal Register of October 14, 2021,
concerning the Notice of Funds Availability (NOFA) inviting
Applications for the Fiscal Year (FY) 2021 Funding Round of the Bank
Enterprise Award Program (BEA Program). On page 57256, in Table 2--
Eligibility Requirements for Applicants, under the Criteria header for
CDFI Applicant, under the Description header, it incorrectly states
that an eligible Certified CDFI Applicant is an Insured Depository
Institution that must be certified as a CDFI as of December 31, 2020
when in fact an eligible Certified CDFI Applicant is an Insured
Depository Institution that is certified or has submitted a
Certification application by December 31, 2020, has been Certified as a
CDFI as of the October 14, 2021 publication date of this NOFA in the
Federal Register, and
[[Page 62236]]
maintains its status as a Certified CDFI at the time BEA Program Awards
are announced. Processing this Action will correct the misinformation
that was published.
FOR FURTHER INFORMATION CONTACT: Tanya McInnis, Program Manager,
Depository Institutions Initiatives, Bank Enterprise Award and Small
Dollar Loan Programs, CDFI Fund; (202) 653-0309 (this is not a toll
free number).
SUPPLEMENTARY INFORMATION:
Correction
In the Federal Register of October 14, 2021, in FR Vol. 86, No.
196, on page 57256, in Table 2--Eligibility Requirements for
Applicants, under the Criteria header for CDFI Applicant, under the
Description header, correct the first sentence to read:
For the FY 2021 funding round, an eligible Certified CDFI Applicant
is: An Insured Depository Institution that is certified or has
submitted its Certification application by December 31, 2020; was
Certified as a CDFI as of the publication date of this NOFA in the
Federal Register, which was on October 14, 2021; and maintains its
status as a Certified CDFI at the time BEA Program Awards are announced
under this NOFA.
Executive Summary: This notice announces the correction that
eligible Certified CDFI Applicants must be Certified as a CDFI or have
submitted an application for Certification by December 31, 2020 in
order for the Application to receive priority funding consideration
under the BEA Program NOFA.
Capitalized terms in this correction to the NOFA are defined in the
authorizing statute, the Interim Rule, this NOFA, the Application, or
the Uniform Requirements. Details regarding Application content
requirements are found in the Application and related materials.
Application materials can be found on <a href="http://Grants.gov">Grants.gov</a> and the CDFI Fund's
website at <a href="http://www.cdfifund.gov/bea">www.cdfifund.gov/bea</a>.
All other information and requirements set forth in the NOFA
published on October 14, 2021, shall remain effective, as published.
Jodie L. Harris,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2021-24542 Filed 11-5-21; 4:15 pm]
BILLING CODE P
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