Community Development Financial Institutions Program in Massachusetts
Community Development Financial Institutions Program (21.020) awarded $26.0 million to recipients in Massachusetts in 33 grants from fiscal 2021 to 2025, 3.2% of the program's national total. Bluehub Loan Fund Inc received the most, $9.3 million.
- Awarded in Massachusetts$26.0 million
- Awards33
- Share of the program3.2%
- Rank among states11th of 50
- National total$807 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $250,000 |
| FY 2022 | 13 | $11.0 million |
| FY 2023 | 4 | $2.3 million |
| FY 2024 | 10 | $11.6 million |
| FY 2025 | 4 | $900,000 |
Recipients in Massachusetts
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| Bluehub Loan Fund Inc | Nonprofits | 4 | $9.3 million |
| Local Enterprise Assistance Fund Inc | Nonprofits | 4 | $5.1 million |
| Community Health Center Capital Fund Inc | Nonprofits | 3 | $2.3 million |
| The Housing Partnership Fund, Inc | Nonprofits | 3 | $2.2 million |
| Workers Federal Credit Union | Other | 3 | $1.8 million |
| Nectar Community Investments Inc. | Nonprofits | 3 | $1.7 million |
| South Eastern Economic Development Corporation | Nonprofits | 1 | $800,000 |
| Cape & Islands Community Development, Inc. | Nonprofits | 1 | $625,000 |
| Greylock Federal Credit Union | Other | 1 | $500,000 |
| BDC Community Capital Corp. | Nonprofits | 2 | $350,000 |
Open opportunities under this program
None is open or forecast on Grants.gov right now.
Questions people ask
How much Community Development Financial Institutions Program money goes to Massachusetts?
$26.0 million from fiscal 2021 to 2025, across 33 awards. Massachusetts ranks 11th of 50 states and territories for this program.
Who receives Community Development Financial Institutions Program money in Massachusetts?
The largest recipient is Bluehub Loan Fund Inc, with $9.3 million in 4 awards. Next are Local Enterprise Assistance Fund Inc and Community Health Center Capital Fund Inc.
Can organizations in Massachusetts apply now?
No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year.
Community Development Financial Institutions Program in other states
Other large programs in Massachusetts
- Grants to States for Medicaid
- Highway Planning and Construction
- Education Stabilization Fund
- Children's Health Insurance Program
- Disaster Grants - Public Assistance (Presidentially Declared Disasters)
- Temporary Assistance for Needy Families
- Federal Transit Formula Grants
- National School Lunch Program
- Allergy and Infectious Diseases Research
- Aging Research