Federal grants to Catalytic Development Funding Corp. of Northern Kentucky
Catalytic Development Funding Corp. of Northern Kentucky in Covington, Kentucky received $5.2 million in federal grants from fiscal 2021 to 2025, across 4 awards. Its largest program was Community Development Financial Institutions Program, with $1.9 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$5.2 million
- Awards4
- Awarded in FY 2025$0
- Largest award$1.8 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $1.8 million |
| FY 2022 | 0 | $0 |
| FY 2023 | 2 | $2.1 million |
| FY 2024 | 1 | $1.3 million |
| FY 2025 | 0 | $0 |
Programs that fund Catalytic Development Funding Corp. of Northern Kentucky
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Program | 2 | $1.9 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $1.4 million |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 4 | $5.2 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| 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 | $1.4 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 | September 26, 2024 | $1.3 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 | February 28, 2023 | $640,000 |
Questions people ask
How much federal grant money does Catalytic Development Funding Corp. of Northern Kentucky get?
$5.2 million in 4 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Catalytic Development Funding Corp. of Northern Kentucky the most?
The Department of the Treasury, with $5.2 million in 4 awards.
What is Catalytic Development Funding Corp. of Northern Kentucky's largest federal grant?
$1.8 million under Community Development Financial Institutions Rapid Response Program (CDFI RRP), with its first action in the period on June 15, 2021. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Catalytic Development Funding Corp. of Northern Kentucky?
Its largest are Community Development Financial Institutions Program, Community Development Financial Institutions Rapid Response Program (CDFI RRP) and Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP).
Other grant recipients in Covington
- Northern Kentucky Community Action Commission, Incorporated
- Housing Authority of Covington
- City of Covington
- Welcome House, Inc.
- Northkey Community Care
- Gen Nine, Inc.
- Northern Kentucky Legal Aid Society, Inc
Largest federal grant recipients in Kentucky · Federal grants in Kentucky