Well Told Grants

Federal grant programs / Capital Magnet Fund

Capital Magnet Fund in New Mexico

Capital Magnet Fund (21.011) awarded $8.9 million to recipients in New Mexico in 3 grants from fiscal 2021 to 2025, 0.8% of the program's national total. Homewise received the most, $6.4 million.

By year

Grants under this program to recipients in New Mexico
Fiscal yearAwardsAmount
FY 20211$2.5 million
FY 20221$3.0 million
FY 2023No awards
FY 2024No awards
FY 20251$3.4 million

Recipients in New Mexico

Every recipient named in the data, fiscal 2021 to 2025
RecipientTypeAwardsAmount
HomewiseNonprofits2$6.4 million
New Mexico Mortgage Finance AuthorityNonprofits1$2.5 million

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

$8.9 million from fiscal 2021 to 2025, across 3 awards. New Mexico ranks 26th of 34 states and territories for this program.

Who receives Capital Magnet Fund money in New Mexico?

The largest recipient is Homewise, with $6.4 million in 2 awards. Next is New Mexico Mortgage Finance Authority.

Can organizations in New Mexico 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 New Mexico

All federal grants in New Mexico

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