Federal grants to Rural Community Assistance Corporation
Rural Community Assistance Corporation in West Sacramento, California received $56.1 million in federal grants from fiscal 2021 to 2025, across 42 awards. Its largest program was Capital Magnet Fund, with $18.6 million. In fiscal 2025 it was awarded $17.0 million.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$56.1 million
- Awards42
- Awarded in FY 2025$17.0 million
- Largest award$6.8 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 9 | $9.3 million |
| FY 2022 | 9 | $8.7 million |
| FY 2023 | 14 | $12.3 million |
| FY 2024 | 9 | $8.8 million |
| FY 2025 | 10 | $17.0 million |
Programs that fund Rural Community Assistance Corporation
| Program | Awards | Amount |
|---|---|---|
| Capital Magnet Fund | 4 | $18.6 million |
| Environmental Finance Center Grants | 4 | $9.9 million |
| Community Services Block Grant Discretionary Awards | 2 | $6.6 million |
| Rural Capacity Building for Community Development and Affordable Housing Grants | 3 | $5.7 million |
| Housing Counseling Assistance Program | 5 | $2.8 million |
| Economic Adjustment Assistance | 1 | $2.5 million |
| MBDA Capital Readiness Program | 1 | $2.3 million |
| Community Development Financial Institutions Program | 3 | $2.3 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Community Facilities Loans and Grants | 5 | $1.6 million |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 9 | $23.2 million |
| Environmental Protection Agency | 4 | $9.9 million |
| Department of Housing and Urban Development | 13 | $8.9 million |
| Department of Health and Human Services | 2 | $6.6 million |
| Department of Commerce | 2 | $4.8 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 15, 2024 | $6.8 million |
| Rcac regionalization, facilities development and support to rural communities - rural community development program (RCD) | Community Services Block Grant Discretionary Awards | August 4, 2021 | $5.2 million |
| Description: this agreement provides funding under the infrastructure investment and jobs act (IIJA) to support the environmental finance center (EFC) at the rural community assistance corporation (RCAC). The efcs provide finance-related training, education, and analytical studies to help regulated p | Environmental Finance Center Grants | June 12, 2023 | $4.7 million |
| 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 | $4.5 million |
| 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 | June 22, 2022 | $4.5 million |
| Description: this agreement provides funding under the infrastructure investment and jobs act to support the environmental finance center (EFC) at rural community assistance corporation (RCAC). The efcs provide finance-related training, education, and analytical studies to help regulated parties deve | Environmental Finance Center Grants | June 14, 2023 | $3.8 million |
| Capital magnet fund award | Capital Magnet Fund | February 22, 2021 | $2.9 million |
| Rlf and admin | Economic Adjustment Assistance | February 18, 2021 | $2.5 million |
| Rural capacity building for community development and affordable housing grants | Rural Capacity Building for Community Development and Affordable Housing Grants | August 28, 2023 | $2.3 million |
| The mbda capital readiness program (program) is designed to help close the entrepreneurship gap between socially and economically disadvantaged individuals (SEDI) and non-sedi. The recipients are were selected to: (1) help sedi entrepreneurs build capacity; (2) attract and provide access to capital | MBDA Capital Readiness Program | August 10, 2023 | $2.3 million |
Questions people ask
How much federal grant money does Rural Community Assistance Corporation get?
$56.1 million in 42 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Rural Community Assistance Corporation the most?
The Department of the Treasury, with $23.2 million in 9 awards. The Environmental Protection Agency and the Department of Housing and Urban Development follow.
What is Rural Community Assistance Corporation's largest federal grant?
$6.8 million under Capital Magnet Fund, with its first action in the period on October 15, 2024. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Rural Community Assistance Corporation?
Its largest are Capital Magnet Fund, Environmental Finance Center Grants and Community Services Block Grant Discretionary Awards.
Other grant recipients in West Sacramento
- Cummins Electrified Power NA Inc.
- Elica Health Ctr
- City of West Sacramento
- Applied Spectra Inc
- SP Cramer & Associates Inc
- Shores of Hope
Largest federal grant recipients in California · Federal grants in California