Federal grants to Greater Minnesota Housing Fund
Greater Minnesota Housing Fund in Saint Paul, Minnesota received $40.5 million in federal grants from fiscal 2021 to 2025, across 8 awards. Its largest program was Capital Magnet Fund, with $35.0 million. In fiscal 2025 it was awarded $9.0 million.
From USAspending.gov award records, updated October 31, 2026.
- Grants, FY 2021 to 2025$40.5 million
- Awards8
- Awarded in FY 2025$9.0 million
- Largest award$12.0 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $6.8 million |
| FY 2022 | 2 | $12.6 million |
| FY 2023 | 2 | $3.1 million |
| FY 2024 | 1 | $9.0 million |
| FY 2025 | 1 | $9.0 million |
Programs that fund Greater Minnesota Housing Fund
| Program | Awards | Amount |
|---|---|---|
| Capital Magnet Fund | 4 | $35.0 million |
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $2.5 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Community Development Financial Institutions Program | 2 | $1.2 million |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 8 | $40.5 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 | $12.0 million |
| 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 | October 15, 2024 | $9.0 million |
| 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 | October 4, 2023 | $9.0 million |
| Capital magnet fund award | Capital Magnet Fund | February 22, 2021 | $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 | $2.5 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 | February 28, 2023 | $640,000 |
| 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 | December 8, 2021 | $590,000 |
Questions people ask
How much federal grant money does Greater Minnesota Housing Fund get?
$40.5 million in 8 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Greater Minnesota Housing Fund the most?
The Department of the Treasury, with $40.5 million in 8 awards.
What is Greater Minnesota Housing Fund's largest federal grant?
$12.0 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 Greater Minnesota Housing Fund?
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 Saint Paul
- Minnesota Department of Human Services
- Minnesota Department of Transportation
- Department of Commerce Minnesota
- Minnesota Department of Health
- The State of Minnesota of Employment & Economic Development
- Minnesota Department of Public Safety
- Judiciary Courts of State of Minnesota
- Minnesota Public Facilities Authority
Largest federal grant recipients in Minnesota · Federal grants in Minnesota