Well Told Grants

Federal grant programs / Capital Magnet Fund

Capital Magnet Fund in Virginia

Capital Magnet Fund (21.011) awarded $43.1 million to recipients in Virginia in 11 grants from fiscal 2021 to 2025, 4.0% of the program's national total. Community Housing Partners Corp received the most, $9.0 million.

By year

Grants under this program to recipients in Virginia
Fiscal yearAwardsAmount
FY 20212$6.0 million
FY 20223$9.0 million
FY 2023No awards
FY 20244$15.4 million
FY 20252$12.8 million

Recipients in Virginia

Every recipient named in the data, fiscal 2021 to 2025
RecipientTypeAwardsAmount
Community Housing Partners CorpNonprofits1$9.0 million
Locus Impact FundNonprofits2$7.5 million
Piedmont Housing AllianceNonprofits2$6.5 million
The Virginia Community Development Fund, Inc.Nonprofits2$6.3 million
True Ground Housing Partners, Inc.Nonprofits1$5.0 million
Wesley Housing Development CorporationNonprofits1$3.8 million
People Incorporated Housing GroupNonprofits1$3.1 million
Ahc Inc.Nonprofits1$2.0 million

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

$43.1 million from fiscal 2021 to 2025, across 11 awards. Virginia ranks 8th of 34 states and territories for this program.

Who receives Capital Magnet Fund money in Virginia?

The largest recipient is Community Housing Partners Corp, with $9.0 million in 1 award. Next are Locus Impact Fund and Piedmont Housing Alliance.

Can organizations in Virginia 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 Virginia

All federal grants in Virginia

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