Federal grants to Union County Economic Development Corp
Union County Economic Development Corp in Cranford, New Jersey received $11.1 million in federal grants from fiscal 2021 to 2025, across 16 awards. Its largest program was Microloan Program, with $6.2 million. In fiscal 2025 it was awarded $996,225.
From USAspending.gov award records, updated October 31, 2026.
- Grants, FY 2021 to 2025$11.1 million
- Awards16
- Awarded in FY 2025$996,225
- Largest award$1.7 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 4 | $3.4 million |
| FY 2022 | 3 | $2.4 million |
| FY 2023 | 4 | $2.4 million |
| FY 2024 | 3 | $2.0 million |
| FY 2025 | 2 | $996,225 |
Programs that fund Union County Economic Development Corp
| Program | Awards | Amount |
|---|---|---|
| Microloan Program | 5 | $6.2 million |
| Community Development Financial Institutions Program | 3 | $1.9 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.6 million |
| Procurement Technical Assistance For Business Firms | 5 | $1.1 million |
| Small Dollar Loan Program | 1 | $255,000 |
| Prime Technical Assistance | 1 | $165,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Small Business Administration | 6 | $6.4 million |
| Department of the Treasury | 5 | $3.7 million |
| Department of Defense | 5 | $1.1 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Small business administration training assistance grant | Microloan Program | June 27, 2022 | $1.7 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.6 million |
| 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 | June 26, 2023 | $1.5 million |
| Union county economic development corp, nj 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 a | Microloan Program | September 13, 2021 | $1.3 million |
| Union county econ dev corp - nj | Microloan Program | July 1, 2024 | $944,363 |
| 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 | $800,000 |
| Union county economic development corporation | Microloan Program | September 19, 2025 | $775,523 |
| 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 |
| 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 | $500,000 |
| Purpose: to provide an alternative to high-cost small dollar loans, as well as help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system. Activities to be performed: through the sdl program, the cdfi fund will pro | Small Dollar Loan Program | September 23, 2021 | $255,000 |
Questions people ask
How much federal grant money does Union County Economic Development Corp get?
$11.1 million in 16 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Union County Economic Development Corp the most?
The Small Business Administration, with $6.4 million in 6 awards. The Department of the Treasury and the Department of Defense follow.
What is Union County Economic Development Corp's largest federal grant?
$1.7 million under Microloan Program, with its first action in the period on June 27, 2022. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Union County Economic Development Corp?
Its largest are Microloan Program, Community Development Financial Institutions Program and Community Development Financial Institutions Rapid Response Program (CDFI RRP).
Other grant recipients in Cranford
Largest federal grant recipients in New Jersey · Federal grants in New Jersey