Community Development Financial Institutions Program in New Jersey
Community Development Financial Institutions Program (21.020) awarded $5.5 million to recipients in New Jersey in 13 grants from fiscal 2021 to 2025, 0.7% of the program's national total. Union County Economic Development Corp received the most, $1.9 million.
- Awarded in New Jersey$5.5 million
- Awards13
- Share of the program0.7%
- Rank among states36th of 50
- National total$807 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $250,000 |
| FY 2022 | 2 | $1.0 million |
| FY 2023 | 1 | $560,000 |
| FY 2024 | 4 | $2.8 million |
| FY 2025 | 4 | $939,608 |
Recipients in New Jersey
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| Union County Economic Development Corp | Nonprofits | 3 | $1.9 million |
| Community Loan Fund of New Jersey Inc | Nonprofits | 1 | $800,000 |
| Financial Resources Federal Credit Union | Nonprofits | 1 | $625,000 |
| Ripple Effect Entrepreneurs Fund Inc | Nonprofits | 1 | $550,000 |
| Cooperative Business Assistance Corp | Nonprofits | 1 | $500,000 |
| Cumberland Empowerment Zone Corporation | Nonprofits | 1 | $300,000 |
| Housing Partnership for Morris County Inc | Nonprofits | 1 | $300,000 |
| Princeton Federal Credit Union | Other | 1 | $300,000 |
| Bay Atlantic Fcu | Nonprofits | 1 | $150,000 |
| Urban League of Essex County Opportunity Corporation | Nonprofits | 1 | $125,000 |
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 New Jersey?
$5.5 million from fiscal 2021 to 2025, across 13 awards. New Jersey ranks 36th of 50 states and territories for this program.
Who receives Community Development Financial Institutions Program money in New Jersey?
The largest recipient is Union County Economic Development Corp, with $1.9 million in 3 awards. Next are Community Loan Fund of New Jersey Inc and Financial Resources Federal Credit Union.
Can organizations in New Jersey 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 New Jersey
- Grants to States for Medicaid
- Highway Planning and Construction
- Education Stabilization Fund
- Federal Transit Formula Grants
- Disaster Grants - Public Assistance (Presidentially Declared Disasters)
- National School Lunch Program
- Children's Health Insurance Program
- Special Education Grants to States
- 1332 State Innovation Waivers
- Title I Grants to Local Educational Agencies