Capital Magnet Fund in Illinois
Capital Magnet Fund (21.011) awarded $24.3 million to recipients in Illinois in 4 grants from fiscal 2021 to 2025, 2.3% of the program's national total. Cinnaire Lending Corporation received the most, $22.3 million.
- Awarded in Illinois$24.3 million
- Awards4
- Share of the program2.3%
- Rank among states15th of 34
- National total$1.1 billion
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $4.8 million |
| FY 2022 | 1 | $10.0 million |
| FY 2023 | No awards | |
| FY 2024 | No awards | |
| FY 2025 | 2 | $9.5 million |
Recipients in Illinois
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| Cinnaire Lending Corporation | Nonprofits | 3 | $22.3 million |
| Iff | Nonprofits | 1 | $2.0 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 Illinois?
$24.3 million from fiscal 2021 to 2025, across 4 awards. Illinois ranks 15th of 34 states and territories for this program.
Who receives Capital Magnet Fund money in Illinois?
The largest recipient is Cinnaire Lending Corporation, with $22.3 million in 3 awards. Next is Iff.
Can organizations in Illinois 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 Illinois
- Grants to States for Medicaid
- Highway Planning and Construction
- Education Stabilization Fund
- Federal Transit Formula Grants
- National School Lunch Program
- Title I Grants to Local Educational Agencies
- Special Education Grants to States
- Temporary Assistance for Needy Families
- Children's Health Insurance Program
- Child Care and Development Block Grant