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Federal grant programs / Capital Magnet Fund

Capital Magnet Fund in Florida

Capital Magnet Fund (21.011) awarded $25.3 million to recipients in Florida in 4 grants from fiscal 2021 to 2025, 2.3% of the program's national total. Florida Community Loan Fund, Inc. received the most, $14.5 million.

By year

Grants under this program to recipients in Florida
Fiscal yearAwardsAmount
FY 2021No awards
FY 20222$17.0 million
FY 2023No awards
FY 20241$3.8 million
FY 20251$4.5 million

Recipients in Florida

Every recipient named in the data, fiscal 2021 to 2025
RecipientTypeAwardsAmount
Florida Community Loan Fund, Inc.Nonprofits2$14.5 million
Neighborhood Lending Partners of Florida, Inc.Nonprofits1$7.0 million
Ability Housing IncNonprofits1$3.8 million

Counted by the recipient's location. A recipient based in Florida may carry out the work elsewhere.

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 Florida?

$25.3 million from fiscal 2021 to 2025, across 4 awards. Florida ranks 14th of 34 states and territories for this program.

Who receives Capital Magnet Fund money in Florida?

The largest recipient is Florida Community Loan Fund, Inc., with $14.5 million in 2 awards. Next are Neighborhood Lending Partners of Florida, Inc. and Ability Housing Inc.

Can organizations in Florida 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 Florida

All federal grants in Florida

Amounts are federal obligations reported to USAspending.gov for fiscal 2021 to 2025; see how our data works.