{"abstract":"The Community Development Banking and Financial Institutions Act of 1994 (12 U.S.C. 4701 et seq.) authorizes the Community Development Financial Institutions Fund (hereafter referred to as ``the Fund'') to provide incentives to insured depository institutions for the purposes of promoting investments in or other support to Community Development Financial Institutions (``CDFIs'') and facilitating increased lending and provision of financial and other services in economically distressed communities. Insured depository institutions and CDFIs are defined terms in an interim rule (12 CFR part 1806) published in the December 5, 1997 issue of the Federal Register, implementing and governing the Bank Enterprise Award (BEA) Program. The Fund reserves the right to award funds under this NOFA up to the maximum amount authorized by law. As of the date of this NOFA, the Fund intends to make available up to $25 million in BEA Program funds, subject to the availability of appropriated funds. The Fund reserves the right to award in excess of $25 million if it deems it appropriate, subject to the availability of appropriated funds. In connection with this NOFA the Fund is conducting workshops to disseminate information to organizations contemplating applying and other organizations interested in learning about the BEA Program. The schedule for the workshops is published elsewhere in this issue of the Federal Register.","action":"Notice of Funds Availability (NOFA) inviting applications.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Community Development Financial Institutions Fund","name":"Community Development Financial Institutions Fund","id":78,"url":"https://www.federalregister.gov/agencies/community-development-financial-institutions-fund","json_url":"https://www.federalregister.gov/api/v1/agencies/78","parent_id":497,"slug":"community-development-financial-institutions-fund"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/1998/09/01/98-22865.html","cfr_references":[],"citation":"63 FR 46514","comment_url":null,"comments_close_on":"1998-09-01","correction_of":null,"corrections":[],"dates":"Applications may be submitted at any time after September 1, 1998. The deadline for receipt of an application is 6 p.m. Eastern Standard Time on Tuesday, November 24, 1998. Applications received in the offices of the Fund after that date and time will not be accepted and will be returned to the sender. Any entity seeking certification as a CDFI (as described in 12 CFR 1805.200) for the purposes of 12 CFR part 1806 is strongly encouraged to submit the Application Form for Certification, the contents of which are described in 12 CFR 1805.701(b)(1) through (8), by Tuesday, November 24, 1998. If an entity fails to submit such Application by this deadline, the Fund cannot guarantee that it will have sufficient time to complete a certification review for the purposes of the current funding round of the BEA Program. In addition, with respect to all requests for certification, the Fund reserves the right to request clarifying or technical information after reviewing materials submitted as described in 12 CFR 1805.701(b)(1) through (8). If the entity seeking certification does not respond to such requests in a timely manner, the Fund cannot guarantee that it will have sufficient time to complete a certification review for the purposes of the current funding round of the BEA Program.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"98-22865","effective_on":null,"end_page":46515,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":null,"html_url":"https://www.federalregister.gov/documents/1998/09/01/98-22865/notice-of-funds-availability-nofa-inviting-applications-for-the-bank-enterprise-award-bea-program","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/98-22865?publication_date=1998-09-01","mods_url":"https://www.govinfo.gov/metadata/granule/FR-1998-09-01/98-22865/mods.xml","not_received_for_publication":null,"page_length":2,"page_views":{"count":1,"last_updated":"2026-04-04 12:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-1998-09-01/pdf/98-22865.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"1998-09-01","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/1998/09/01/98-22865.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-09-21T09:26:32Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":46514,"subtype":null,"title":"Notice of Funds Availability (NOFA) Inviting Applications for the Bank Enterprise Award (BEA) Program","toc_doc":null,"toc_subject":null,"topics":[],"type":"Notice","volume":63}