Federal grants to Neighborhood Finance Corporation
Neighborhood Finance Corporation in Des Moines, Iowa received $4.1 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 $2.5 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$4.1 million
- Awards3
- Awarded in FY 2025$0
- Largest award$2.5 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $1.3 million |
| FY 2022 | 0 | $0 |
| FY 2023 | 2 | $2.8 million |
| FY 2024 | 0 | $0 |
| FY 2025 | 0 | $0 |
Programs that fund Neighborhood Finance Corporation
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $2.5 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.3 million |
| Economic Development Initiative, Community Project Funding, and Miscellaneous grants | 1 | $360,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 2 | $3.8 million |
| Department of Housing and Urban Development | 1 | $360,000 |
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 | $2.5 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.3 million |
| Economic development initiative, community project funding, and miscellaneous grants | Economic Development Initiative, Community Project Funding, and Miscellaneous grants | August 4, 2023 | $360,000 |
Questions people ask
How much federal grant money does Neighborhood Finance Corporation get?
$4.1 million in 3 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Neighborhood Finance Corporation the most?
The Department of the Treasury, with $3.8 million in 2 awards. The Department of Housing and Urban Development follow.
What is Neighborhood Finance Corporation's largest federal grant?
$2.5 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 Neighborhood 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 Development Initiative, Community Project Funding, and Miscellaneous grants.
Other grant recipients in Des Moines
- IA Department of Human Services
- Department of Education Iowa
- Iowa Department of Public Health
- Iowa Department of Natural Resources
- Iowa Department Management
- Economic Development Authority Iowa
- Department of Human Rights Iowa
- Workforce Development Center
Largest federal grant recipients in Iowa · Federal grants in Iowa