Well Told Grants

Federal grant programs / Capital Magnet Fund

Capital Magnet Fund in Texas

Capital Magnet Fund (21.011) awarded $24.1 million to recipients in Texas in 6 grants from fiscal 2021 to 2025, 2.2% of the program's national total. Foundation Communities, Inc. received the most, $11.0 million.

By year

Grants under this program to recipients in Texas
Fiscal yearAwardsAmount
FY 20211$1.7 million
FY 20222$12.0 million
FY 20230$0
FY 20242$5.4 million
FY 20251$5.0 million

Recipients in Texas

Every recipient named in the data, fiscal 2021 to 2025
RecipientTypeAwardsAmount
Foundation Communities, Inc.Nonprofits2$11.0 million
Housing and Community Services IncNonprofits2$9.8 million
Community Development Corporation of BrownsvilleNonprofits2$3.4 million

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

$24.1 million from fiscal 2021 to 2025, across 6 awards. Texas ranks 16th of 34 states and territories for this program.

Who receives Capital Magnet Fund money in Texas?

The largest recipient is Foundation Communities, Inc., with $11.0 million in 2 awards. Next are Housing and Community Services Inc and Community Development Corporation of Brownsville.

Can organizations in Texas 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 Texas

All federal grants in Texas

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