Federal grants to Century Affordable Development Inc
Century Affordable Development Inc in Culver City, California received $11.1 million in federal grants from fiscal 2021 to 2025, across 3 awards. Its largest program was Capital Magnet Fund, with $9.6 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated October 31, 2026.
- Grants, FY 2021 to 2025$11.1 million
- Awards3
- Awarded in FY 2025$0
- Largest award$7.8 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $1.8 million |
| FY 2022 | 0 | $0 |
| FY 2023 | 0 | $0 |
| FY 2024 | 2 | $9.3 million |
| FY 2025 | 0 | $0 |
Programs that fund Century Affordable Development Inc
| Program | Awards | Amount |
|---|---|---|
| Capital Magnet Fund | 2 | $9.6 million |
| Economic Development Initiative, Community Project Funding, and Miscellaneous grants | 1 | $1.5 million |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 2 | $9.6 million |
| Department of Housing and Urban Development | 1 | $1.5 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Purpose: to attract financing for and increase investment in affordable housing for primarily low income, very low income, and extremely low income people and for certain related economic and community development activities. Planned activities: through competitive grants, the capital magnet fund (c | Capital Magnet Fund | October 4, 2023 | $7.8 million |
| Capital magnet fund award | Capital Magnet Fund | February 22, 2021 | $1.8 million |
| Purpose: economic development initiative, community project funding/congressional directed spending awards are authorized under the consolidated appropriations act, 2022 public law 117-328 and the explanatory statement for division l of that act. Projects selected for community project funding/congr | Economic Development Initiative, Community Project Funding, and Miscellaneous grants | August 20, 2024 | $1.5 million |
Questions people ask
How much federal grant money does Century Affordable Development Inc get?
$11.1 million in 3 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Century Affordable Development Inc the most?
The Department of the Treasury, with $9.6 million in 2 awards. The Department of Housing and Urban Development follow.
What is Century Affordable Development Inc's largest federal grant?
$7.8 million under Capital Magnet Fund, with its first action in the period on October 4, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Century Affordable Development Inc?
Its largest are Capital Magnet Fund and Economic Development Initiative, Community Project Funding, and Miscellaneous grants.
Other grant recipients in Culver City
- Culver City, City of
- Los Angeles Community College District
- Westside Family Health Center
- Allies for Every Child, Inc.
- Century Housing Corp
- Jenesse Center, Inc
- The Achievable Foundation
- Pacific Microchip Corp.
Largest federal grant recipients in California · Federal grants in California