Capital Magnet Fund in Massachusetts
Capital Magnet Fund (21.011) awarded $146 million to recipients in Massachusetts in 19 grants from fiscal 2021 to 2025, 14% of the program's national total. Massachusetts Housing Finance Agency received the most, $38.8 million.
- Awarded in Massachusetts$146 million
- Awards19
- Share of the program14%
- Rank among states2nd of 34
- National total$1.1 billion
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 4 | $24.6 million |
| FY 2022 | 6 | $52.0 million |
| FY 2023 | 0 | $0 |
| FY 2024 | 4 | $45.3 million |
| FY 2025 | 5 | $24.0 million |
Recipients in Massachusetts
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| Massachusetts Housing Finance Agency | Other | 4 | $38.8 million |
| Preservation of Affordable Housing, Inc. | Nonprofits | 4 | $36.5 million |
| The Community Builders, Inc. | Nonprofits | 4 | $32.8 million |
| Bluehub Loan Fund Inc | Nonprofits | 3 | $17.0 million |
| Massachusetts Housing Partnership | Nonprofits | 1 | $10.3 million |
| The Housing Partnership Fund, Inc | Nonprofits | 2 | $5.5 million |
| Massachusetts Housing Investment Corporation | Nonprofits | 1 | $5.0 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 Massachusetts?
$146 million from fiscal 2021 to 2025, across 19 awards. Massachusetts ranks 2nd of 34 states and territories for this program.
Who receives Capital Magnet Fund money in Massachusetts?
The largest recipient is Massachusetts Housing Finance Agency, with $38.8 million in 4 awards. Next are Preservation of Affordable Housing, Inc. and The Community Builders, Inc..
Can organizations in Massachusetts 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 Massachusetts
- Grants to States for Medicaid
- Highway Planning and Construction
- Education Stabilization Fund
- Children's Health Insurance Program
- Disaster Grants - Public Assistance (Presidentially Declared Disasters)
- Temporary Assistance for Needy Families
- Federal Transit Formula Grants
- National School Lunch Program
- Allergy and Infectious Diseases Research
- Aging Research