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Regulatory Information
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2010-09-23
article
Notice of Funds Availability (NOFA) Inviting Applications for the FY 2006 Funding Round of the Bank Enterprise Award (BEA) Program
Notices
D09002ee1bde2874c
D09002ee1bde287b0
United States
Department of the Treasury
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org
United States Government Agency or Subagency
United States
Community Development Financial Institutions Fund
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org
United States Government Agency or Subagency
On September 9, 2004, the Community Development Financial Institutions Fund (the ``Fund'') announced in a NOFA for the BEA Program (69 FR 54718) that BEA Program applicants that are also Community Development Financial Institutions (``CDFIs'') cannot receive credit under the BEA Program for financial assistance or Qualified Activities provided to CDFI Partners that are also FDIC-insured depository institutions or depository institution holding companies. Due to the recent occurrence of certain natural disasters, the Fund will waive this provision with regard to the FY 2006 funding round of the BEA Program for applicants providing financial assistance or Qualified Activities to CDFI Partners that are also FDIC-insured depository institutions or depository institution holding companies which have been directly affected by said disasters. For the FY 2006 funding round, CDFIs may receive BEA Program credit for financial assistance or Qualified Activities provided to CDFI Partners that are FDIC-insured depository institutions or depository institution holding companies whose principal place of business is located in a county for which the Federal Emergency Management Agency (FEMA) has issued a ``major disaster declaration'' due to Hurricane Katrina on or after August 28, 2005 or due to Hurricane Rita on or after September 24, 2005 and made a determination that such county is eligible for both ``individual and public assistance.'' A list of the eligible counties may be found on the FEMA Web site (http:// www.fema.gov). Change of Application Deadlines: The NOFA published on September 9, 2004 for the BEA Program (69 FR 54718) also announced that the deadline for applications for the FY 2006 funding round is February 14, 2006. This notice is to announce that the deadline for the submission of applications via Grants.gov for the FY 2006 funding round of the BEA Program has been changed to 5 p.m. EST on March 1, 2006. Paper attachments to the application must be received no later than 5 p.m. EST on March 6, 2006. Increase of Award Amount: The NOFA published on September 9, 2004 for the BEA Program (69 FY 54718) also announced that the Fund expects that it may award approximately $6 million in appropriated funds for FY 2006 BEA Program awards. This notice is to announce that the Fund now expects that it may award approximately $12 million for FY 2006 BEA Program awards. The Fund reserves the right to make awards in an amount less than or in excess of this amount subject to funding availability. Modification of Application and Submission Information: The NOFA published on September 9, 2004 for the BEA Program (69 FY 54718) provided information regarding submission of applications in response to the NOFA. This notice is to announce that for the FY 2006 funding round, in compliance with Public Law 106-107 and Section 5(a) of the Federal Financial Assistance Management Improvement Act, the Fund is required to accept applications submitted through the Grants.gov electronic system. The Fund will post to its Web site at http://www.cdfifund.gov instructions for accessing and submitting an application through Grants.gov. The application instructions will be posted as soon as they are available and once the application materials are accessible through Grants.gov. The anticipated release date for the application instructions is January 6, 2006. Applicants are encouraged to start the registration process now at www.Grants.gov as the process may take several weeks to fully complete. See the following link for information on getting started on Grants.gov: http://grants.gov/assets/ GrantsgovCoBrandBrochure8X11.pdf. All other information and requirements set forth in the September 9, 2004 NOFA for the BEA Program shall remain effective, as published.
70 FR 73899
https://www.govinfo.gov/app/details/FR-2005-12-13/05-23749
05-23749
fr13de05-93
4810-70-P
https://www.govinfo.gov/app/details/FR-2005-12-13/05-23749
https://www.govinfo.gov/content/pkg/FR-2005-12-13/html/05-23749.htm
https://www.govinfo.gov/content/pkg/FR-2005-12-13/pdf/05-23749.pdf
1 p.
73899
73899
70 FR 73899
Notice of Funds Availability (NOFA) Inviting Applications for the FY 2006 Funding Round of the Bank Enterprise Award (BEA) Program; Federal Register Vol. 70, Issue
NOTICE
05-23749
DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
4810-70-P
05-23749
Change to NOFA inviting applications for the FY 2006 funding round of the BEA Program: Waiver of limitations on eligible Qualified Activities provided to certain CDFI Partners; Change of Application Deadlines; Increase of Award Amount; Modification of Application and Submission Information.
On September 9, 2004, the Community Development Financial Institutions Fund (the ``Fund'') announced in a NOFA for the BEA Program (69 FR 54718) that BEA Program applicants that are also Community Development Financial Institutions (``CDFIs'') cannot receive credit under the BEA Program for financial assistance or Qualified Activities provided to CDFI Partners that are also FDIC-insured depository institutions or depository institution holding companies. Due to the recent occurrence of certain natural disasters, the Fund will waive this provision with regard to the FY 2006 funding round of the BEA Program for applicants providing financial assistance or Qualified Activities to CDFI Partners that are also FDIC-insured depository institutions or depository institution holding companies which have been directly affected by said disasters. For the FY 2006 funding round, CDFIs may receive BEA Program credit for financial assistance or Qualified Activities provided to CDFI Partners that are FDIC-insured depository institutions or depository institution holding companies whose principal place of business is located in a county for which the Federal Emergency Management Agency (FEMA) has issued a ``major disaster declaration'' due to Hurricane Katrina on or after August 28, 2005 or due to Hurricane Rita on or after September 24, 2005 and made a determination that such county is eligible for both ``individual and public assistance.'' A list of the eligible counties may be found on the FEMA Web site (http:// www.fema.gov). Change of Application Deadlines: The NOFA published on September 9, 2004 for the BEA Program (69 FR 54718) also announced that the deadline for applications for the FY 2006 funding round is February 14, 2006. This notice is to announce that the deadline for the submission of applications via Grants.gov for the FY 2006 funding round of the BEA Program has been changed to 5 p.m. EST on March 1, 2006. Paper attachments to the application must be received no later than 5 p.m. EST on March 6, 2006. Increase of Award Amount: The NOFA published on September 9, 2004 for the BEA Program (69 FY 54718) also announced that the Fund expects that it may award approximately $6 million in appropriated funds for FY 2006 BEA Program awards. This notice is to announce that the Fund now expects that it may award approximately $12 million for FY 2006 BEA Program awards. The Fund reserves the right to make awards in an amount less than or in excess of this amount subject to funding availability. Modification of Application and Submission Information: The NOFA published on September 9, 2004 for the BEA Program (69 FY 54718) provided information regarding submission of applications in response to the NOFA. This notice is to announce that for the FY 2006 funding round, in compliance with Public Law 106-107 and Section 5(a) of the Federal Financial Assistance Management Improvement Act, the Fund is required to accept applications submitted through the Grants.gov electronic system. The Fund will post to its Web site at http://www.cdfifund.gov instructions for accessing and submitting an application through Grants.gov. The application instructions will be posted as soon as they are available and once the application materials are accessible through Grants.gov. The anticipated release date for the application instructions is January 6, 2006. Applicants are encouraged to start the registration process now at www.Grants.gov as the process may take several weeks to fully complete. See the following link for information on getting started on Grants.gov: http://grants.gov/assets/ GrantsgovCoBrandBrochure8X11.pdf. All other information and requirements set forth in the September 9, 2004 NOFA for the BEA Program shall remain effective, as published.
The Fund will respond to questions and provide support concerning the NOFA and the funding application between the hours of 9 a.m. and 5 p.m. EST, starting the date of the publication of the NOFA through close of business February 27, 2006 for the FY 2006 funding round (2 business days before the application deadline).
Grants and cooperative agreements; availability, etc.:
Bank Enterprise Award Program,
cdfihelp@cdfi.treas.gov
grantsmanagement@cdfi.treas.gov
ithelpdesk@cdfi.treas.gov
Grants.gov
http://grants.gov/assets/GrantsgovCoBrandBrochure8X11.pdf
http://www.cdfifund.gov
http://www.fema.gov
www.Grants.gov
Federal Register
Vol. 70, no. 238
Office of the Federal Register, National Archives and Records Administration
2005-12-13
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361 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
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https://www.govinfo.gov/app/details/FR-2005-12-13
https://www.govinfo.gov/content/pkg/FR-2005-12-13/pdf/FR-2005-12-13.pdf
https://www.govinfo.gov/content/pkg/FR-2005-12-13/xml/FR-2005-12-13.xml
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2010-09-23
2023-05-03
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