Federal grants to Carver Financial Corporation
Carver Financial Corporation in Savannah, Georgia received $7.8 million in federal grants from fiscal 2021 to 2025, across 6 awards. Its largest program was Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with $3.7 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$7.8 million
- Awards6
- Awarded in FY 2025$0
- Largest award$3.7 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $1.8 million |
| FY 2022 | 1 | $900,000 |
| FY 2023 | 2 | $4.1 million |
| FY 2024 | 2 | $1.0 million |
| FY 2025 | 0 | $0 |
Programs that fund Carver Financial Corporation
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $3.7 million |
| Community Development Financial Institutions Program | 3 | $1.9 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Small Dollar Loan Program | 1 | $383,223 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 6 | $7.8 million |
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 | $3.7 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance to community development financial institutions (CDFIS). Planned activities: financial assistance must be used for financial products, financial services (regulated institutions only) | Community Development Financial Institutions Program | December 8, 2021 | $900,000 |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance to community development financial institutions (CDFIS). Planned activities: financial assistance must be used for financial products, financial services (regulated institutions only) | Community Development Financial Institutions Program | September 26, 2024 | $650,000 |
| Purpose: to support certified community development financial institutions (CDFIS) to provide an alternative to high cost small dollar loans, as well as help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system. P | Small Dollar Loan Program | April 16, 2024 | $383,223 |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance to community development financial institutions (CDFIS). Planned activities: financial assistance must be used for financial products, financial services (regulated institutions only) | Community Development Financial Institutions Program | February 28, 2023 | $350,000 |
Questions people ask
How much federal grant money does Carver Financial Corporation get?
$7.8 million in 6 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Carver Financial Corporation the most?
The Department of the Treasury, with $7.8 million in 6 awards.
What is Carver Financial Corporation's largest federal grant?
$3.7 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 Carver Financial Corporation?
Its largest are Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), Community Development Financial Institutions Program and Community Development Financial Institutions Rapid Response Program (CDFI RRP).
Other grant recipients in Savannah
- Georgia Ports Authority
- Savannah State University
- Savannah Airport Commission
- Chatham Area Transit Authority
- Housing Auth of Savannah
- Economic Opportunity for Savannah-Chatham County Area, Inc.
- The Savannah College of Art and Design, Inc.
- City of Savannah
Largest federal grant recipients in Georgia · Federal grants in Georgia