Federal grants to Massachusetts Housing Investment Corporation
Massachusetts Housing Investment Corporation in Boston, Massachusetts received $10.5 million in federal grants from fiscal 2021 to 2025, across 3 awards. Its largest program was Capital Magnet Fund, with $5.0 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$10.5 million
- Awards3
- Awarded in FY 2025$0
- Largest award$5.0 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $1.8 million |
| FY 2022 | 1 | $5.0 million |
| FY 2023 | 1 | $3.7 million |
| FY 2024 | 0 | $0 |
| FY 2025 | 0 | $0 |
Programs that fund Massachusetts Housing Investment Corporation
| Program | Awards | Amount |
|---|---|---|
| Capital Magnet Fund | 1 | $5.0 million |
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $3.7 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 3 | $10.5 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 | June 22, 2022 | $5.0 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 | $3.7 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
Questions people ask
How much federal grant money does Massachusetts Housing Investment Corporation get?
$10.5 million in 3 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Massachusetts Housing Investment Corporation the most?
The Department of the Treasury, with $10.5 million in 3 awards.
What is Massachusetts Housing Investment Corporation's largest federal grant?
$5.0 million under Capital Magnet Fund, with its first action in the period on June 22, 2022. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Massachusetts Housing Investment Corporation?
Its largest are Capital Magnet Fund, Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) and Community Development Financial Institutions Rapid Response Program (CDFI RRP).
Other grant recipients in Boston
- The Commonwealth of Massachusetts
- Massachusetts Department of Transportation
- Massachusetts Bay Transportation Authority
- Department of Transitional Assistan
- The General Hospital Corporation
- Massachusetts Department of Public Health
- Brigham & Womens Hospital Inc
- Executive Office of Housing and Livable Communities
Largest federal grant recipients in Massachusetts · Federal grants in Massachusetts