Federal grants to Pace Finance Corporation
Pace Finance Corporation in Los Angeles, California received $4.8 million in federal grants from fiscal 2021 to 2025, across 3 awards. Its largest program was Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with $2.4 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$4.8 million
- Awards3
- Awarded in FY 2025$0
- Largest award$2.4 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $1.8 million |
| FY 2022 | 0 | $0 |
| FY 2023 | 1 | $2.4 million |
| FY 2024 | 1 | $600,000 |
| FY 2025 | 0 | $0 |
Programs that fund Pace Finance Corporation
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $2.4 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Economic Adjustment Assistance | 1 | $600,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 2 | $4.2 million |
| Department of Commerce | 1 | $600,000 |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Purpose: to provide grants to community development financial institutions (CDFIS) for the following purposes 1) to expand lending, grant making and investment activities in low or moderate income communities and to borrowers that have historically experienced significant unmet capital and financial | Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | April 10, 2023 | $2.4 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| Revolving loan fund covering los angeles county | Economic Adjustment Assistance | August 23, 2024 | $600,000 |
Questions people ask
How much federal grant money does Pace Finance Corporation get?
$4.8 million in 3 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Pace Finance Corporation the most?
The Department of the Treasury, with $4.2 million in 2 awards. The Department of Commerce follow.
What is Pace Finance Corporation's largest federal grant?
$2.4 million under Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with its first action in the period on April 10, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Pace Finance Corporation?
Its largest are Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), Community Development Financial Institutions Rapid Response Program (CDFI RRP) and Economic Adjustment Assistance.
Other grant recipients in Los Angeles
- Los Angeles County Metropolitan Transportation Authority
- University of California, Los Angeles
- University of Southern California
- County of Los Angeles
- Department of Airports of the City of Los Angeles
- The Workforce Investment Board of the City of Los Angeles
- Cedars-Sinai Medical Center
- Housing Authority of the City of Los Angeles
Largest federal grant recipients in California · Federal grants in California