# Community Development Financial Institutions Program (21.020)

Source: https://welltoldgrants.com/programs/21-020-community-development-financial-institutions-program/  
Publisher: Well Told Grants. Data: USAspending.gov and Grants.gov, updated November 7, 2026.

Community Development Financial Institutions Program is run by Department of the Treasury. From fiscal 2021 to 2025 it awarded $807 million in 1,482 grants, about $544,792 per award.

## Objectives

To promote economic revitalization and community development through investment in and assistance to certified and emerging Community Development Financial Institutions (CDFIs).

## Funding by fiscal year

| Year | Amount | Awards |
|---|---|---|
| 2021 | $21.2 million | 174 |
| 2022 | $188 million | 458 |
| 2023 | $169 million | 235 |
| 2024 | $357 million | 344 |
| 2025 | $72.2 million | 283 |

## Largest recipients

| Recipient | State | Amount |
|---|---|---|
| The Reinvestment Fund, Inc. | Pennsylvania | $14.0 million |
| Community First Fund | Pennsylvania | $13.8 million |
| Local Initiatives Support Corporation | New York | $13.1 million |
| Capital Impact Partners | Virginia | $12.9 million |
| Ozarks Heritage Financial Group, Inc. | Missouri | $12.6 million |
| Peoples Bancshares, Inc. | Mississippi | $10.5 million |
| Bluehub Loan Fund Inc | Massachusetts | $9.3 million |
| Locus Impact Fund | Virginia | $7.7 million |
| Enterprise Community Loan Fund Inc | Maryland | $6.7 million |
| Central Bancshares of Kansas City, Inc. | Missouri | $6.7 million |
| Culleywood Capital LLC | Mississippi | $5.7 million |
| Justine Petersen Housing and Reinvestment Corporation | Missouri | $5.6 million |
| The Disability Fund, Inc | New York | $5.2 million |
| Local Enterprise Assistance Fund Inc | Massachusetts | $5.1 million |
| Cleveland Development Advisors Community Reinvestment Fund, Inc. | Ohio | $5.0 million |
| Northwest Access Fund | Washington | $4.7 million |
| Grameen America Inc | New York | $4.6 million |
| Northeast Entrepreneur Fund, Inc. | Minnesota | $4.5 million |
| CO Enterprise Fund, LLC | Colorado | $3.9 million |
| Clearinghouse Community Development Financial Institution | California | $3.9 million |