[Federal Register Volume 86, Number 214 (Tuesday, November 9, 2021)]
[Notices]
[Pages 62235-62236]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[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 Grants.gov and the CDFI Fund's 
website at www.cdfifund.gov/bea.
    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]
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