Capital Magnet Fund in California
Capital Magnet Fund (21.011) awarded $182 million to recipients in California in 36 grants from fiscal 2021 to 2025, 17% of the program's national total. Midpen Housing Corporation received the most, $26.2 million.
- Awarded in California$182 million
- Awards36
- Share of the program17%
- Rank among states1st of 34
- National total$1.1 billion
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 8 | $24.7 million |
| FY 2022 | 10 | $55.8 million |
| FY 2023 | No awards | |
| FY 2024 | 10 | $59.3 million |
| FY 2025 | 8 | $41.8 million |
Recipients in California
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| Midpen Housing Corporation | Nonprofits | 4 | $26.2 million |
| Eden Housing, Inc. | Nonprofits | 2 | $19.0 million |
| Rural Community Assistance Corporation | Nonprofits | 4 | $18.6 million |
| Humangood Affordable Housing | Nonprofits | 2 | $17.3 million |
| Beneficial State Bancorp, Inc. | Businesses | 3 | $14.3 million |
| Low Income Investment Fund | Nonprofits | 3 | $13.5 million |
| Eah Inc | Nonprofits | 2 | $10.0 million |
| Century Affordable Development Inc | Nonprofits | 2 | $9.6 million |
| Self-Help Enterprises | Nonprofits | 1 | $8.0 million |
| Genesis La Economic Growth Corporation | Nonprofits | 2 | $6.5 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 California?
$182 million from fiscal 2021 to 2025, across 36 awards. California ranks 1st of 34 states and territories for this program.
Who receives Capital Magnet Fund money in California?
The largest recipient is Midpen Housing Corporation, with $26.2 million in 4 awards. Next are Eden Housing, Inc. and Rural Community Assistance Corporation.
Can organizations in California 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 California
- Grants to States for Medicaid
- Education Stabilization Fund
- Highway Planning and Construction
- Temporary Assistance for Needy Families
- Children's Health Insurance Program
- Disaster Grants - Public Assistance (Presidentially Declared Disasters)
- National School Lunch Program
- Federal Transit Formula Grants
- Title I Grants to Local Educational Agencies
- Head Start