Capital Magnet Fund in Alabama
Capital Magnet Fund (21.011) awarded $26.0 million to recipients in Alabama in 3 grants from fiscal 2021 to 2025, 2.4% of the program's national total. United Bank received the most, $26.0 million.
- Awarded in Alabama$26.0 million
- Awards3
- Share of the program2.4%
- Rank among states13th of 34
- National total$1.1 billion
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $8.0 million |
| FY 2022 | No awards | |
| FY 2023 | No awards | |
| FY 2024 | 1 | $9.0 million |
| FY 2025 | 1 | $9.0 million |
Recipients in Alabama
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| United Bank | Businesses | 3 | $26.0 million |
Open opportunities under this program
None is open or forecast on Grants.gov right now.
Questions people ask
How much Capital Magnet Fund money goes to Alabama?
$26.0 million from fiscal 2021 to 2025, across 3 awards. Alabama ranks 13th of 34 states and territories for this program.
Who receives Capital Magnet Fund money in Alabama?
The largest recipient is United Bank, with $26.0 million in 3 awards.
Can organizations in Alabama apply now?
No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year.
Capital Magnet Fund in other states
Other large programs in Alabama
- Grants to States for Medicaid
- Highway Planning and Construction
- Education Stabilization Fund
- National School Lunch Program
- Children's Health Insurance Program
- Child Care and Development Block Grant
- Title I Grants to Local Educational Agencies
- Broadband Equity, Access, and Deployment Program
- Special Education Grants to States
- Head Start