Capital Magnet Fund in Colorado
Capital Magnet Fund (21.011) awarded $71.0 million to recipients in Colorado in 10 grants from fiscal 2021 to 2025, 6.6% of the program's national total. Impact Development Fund received the most, $24.5 million.
- Awarded in Colorado$71.0 million
- Awards10
- Share of the program6.6%
- Rank among states4th of 34
- National total$1.1 billion
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $10.5 million |
| FY 2022 | 2 | $19.0 million |
| FY 2023 | No awards | |
| FY 2024 | 3 | $25.0 million |
| FY 2025 | 3 | $16.5 million |
Recipients in Colorado
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| Impact Development Fund | Nonprofits | 3 | $24.5 million |
| Colorado Housing and Finance Authority | Nonprofits | 3 | $19.0 million |
| Mercy Community Capital | Nonprofits | 2 | $12.5 million |
| Mercy Housing Inc | Nonprofits | 1 | $12.0 million |
| The Native American Bancorporation CO. | Businesses | 1 | $3.0 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 Colorado?
$71.0 million from fiscal 2021 to 2025, across 10 awards. Colorado ranks 4th of 34 states and territories for this program.
Who receives Capital Magnet Fund money in Colorado?
The largest recipient is Impact Development Fund, with $24.5 million in 3 awards. Next are Colorado Housing and Finance Authority and Mercy Community Capital.
Can organizations in Colorado 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 Colorado
- Grants to States for Medicaid
- Highway Planning and Construction
- Education Stabilization Fund
- Disaster Grants - Public Assistance (Presidentially Declared Disasters)
- National School Lunch Program
- Children's Health Insurance Program
- Airport Improvement Program, Infrastructure Investment and Jobs Act Programs, and COVID-19 Airports Programs
- 1332 State Innovation Waivers
- Special Education Grants to States
- Federal Transit Formula Grants