Well Told Grants

Federal grant programs / Capital Magnet Fund

Capital Magnet Fund in Minnesota

Capital Magnet Fund (21.011) awarded $56.1 million to recipients in Minnesota in 9 grants from fiscal 2021 to 2025, 5.2% of the program's national total. Greater Minnesota Housing Fund received the most, $35.0 million.

By year

Grants under this program to recipients in Minnesota
Fiscal yearAwardsAmount
FY 20213$11.7 million
FY 20222$17.0 million
FY 2023No awards
FY 20242$15.0 million
FY 20252$12.4 million

Recipients in Minnesota

Every recipient named in the data, fiscal 2021 to 2025
RecipientTypeAwardsAmount
Greater Minnesota Housing FundNonprofits4$35.0 million
Volunteers of America National ServicesNonprofits3$15.5 million
Artspace Projects IncNonprofits1$3.4 million
Community Neighborhood Housing ServicesNonprofits1$2.5 million

Counted by the recipient's location. A recipient based in Minnesota 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 Minnesota?

$56.1 million from fiscal 2021 to 2025, across 9 awards. Minnesota ranks 5th of 34 states and territories for this program.

Who receives Capital Magnet Fund money in Minnesota?

The largest recipient is Greater Minnesota Housing Fund, with $35.0 million in 4 awards. Next are Volunteers of America National Services and Artspace Projects Inc.

Can organizations in Minnesota 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 Minnesota

All federal grants in Minnesota

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