Federal grants to First Childrens Finance
First Childrens Finance in Minneapolis, Minnesota received $1.8 million in federal grants from fiscal 2021 to 2025, across 10 awards. Its largest program was Community Development Financial Institutions Rapid Response Program (CDFI RRP), with $650,000. In fiscal 2025 it was awarded $215,792.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$1.8 million
- Awards10
- Awarded in FY 2025$215,792
- Largest award$650,000
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $700,000 |
| FY 2022 | 1 | $56,382 |
| FY 2023 | 2 | $592,074 |
| FY 2024 | 2 | $210,822 |
| FY 2025 | 3 | $215,792 |
Programs that fund First Childrens Finance
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $650,000 |
| Community Development Financial Institutions Program | 1 | $560,000 |
| Microloan Program | 5 | $300,170 |
| Prime Technical Assistance | 1 | $100,000 |
| Rural Business Development Grant | 1 | $99,900 |
| Rural Microentrepreneur Assistance Program | 1 | $65,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 2 | $1.2 million |
| Small Business Administration | 6 | $400,170 |
| Department of Agriculture | 2 | $164,900 |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $650,000 |
| 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 | February 28, 2023 | $560,000 |
| First childrens finance - mn | Microloan Program | July 1, 2024 | $110,822 |
| First childrens finance - mn | Prime Technical Assistance | September 11, 2024 | $100,000 |
| Sba microloan program | Microloan Program | July 18, 2022 | $100,000 |
| Rbdg rural business coop rural enterprise grant | Rural Business Development Grant | September 25, 2025 | $99,900 |
| Sec. 6022 rmap-rural micro develop organizations grants (DISC) | Rural Microentrepreneur Assistance Program | June 17, 2025 | $65,000 |
| First children's finance - mn | Microloan Program | June 26, 2023 | $62,298 |
| First children's finance - mn to assist all entrepreneurs business owners and other individuals possessing the capability to operate successful business concerns and to assist small business concerns in those areas suffering from a lack of credit due to economic downturns under the program the small | Microloan Program | September 19, 2025 | $50,892 |
| The small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training and technical assistance to start- up, newly established and growing small business concerns. | Microloan Program | September 14, 2021 | $19,776 |
Questions people ask
How much federal grant money does First Childrens Finance get?
$1.8 million in 10 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives First Childrens Finance the most?
The Department of the Treasury, with $1.2 million in 2 awards. The Small Business Administration and the Department of Agriculture follow.
What is First Childrens Finance's largest federal grant?
$650,000 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 First Childrens Finance?
Its largest are Community Development Financial Institutions Rapid Response Program (CDFI RRP), Community Development Financial Institutions Program and Microloan Program.
Other grant recipients in Minneapolis
- Minnesota Department of Education
- Regents of the University of Minnesota
- Metropolitan Council Minnesota
- MN Department of Employment & Economic Development
- Metropolitan Airports Commission
- Serveminnesota
- Minneapolis Public Housing Authority
- Xcel Energy Services Inc.
Largest federal grant recipients in Minnesota · Federal grants in Minnesota