Federal grants to Nybdc Local Development Corp
Nybdc Local Development Corp in Albany, New York received $12.7 million in federal grants from fiscal 2021 to 2025, across 11 awards. Its largest program was Microloan Program, with $7.2 million. In fiscal 2025 it was awarded $894,051.
From USAspending.gov award records, updated October 31, 2026.
- Grants, FY 2021 to 2025$12.7 million
- Awards11
- Awarded in FY 2025$894,051
- Largest award$2.2 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $3.5 million |
| FY 2022 | 2 | $2.1 million |
| FY 2023 | 4 | $4.4 million |
| FY 2024 | 2 | $1.8 million |
| FY 2025 | 1 | $894,051 |
Programs that fund Nybdc Local Development Corp
| Program | Awards | Amount |
|---|---|---|
| Microloan Program | 5 | $7.2 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 | $1.7 million |
| Community Development Financial Institutions Program | 2 | $1.5 million |
| Prime Technical Assistance | 2 | $450,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Small Business Administration | 7 | $7.7 million |
| Department of the Treasury | 4 | $5.1 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| 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 | $2.2 million |
| 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 | $1.7 million |
| Training and technical assistance to sba microloan program borrowers and prospective borrowers | Microloan Program | June 27, 2022 | $1.6 million |
| Excelsior growth fund aka nybdc local dev, ny 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 establishe | Microloan Program | September 13, 2021 | $1.3 million |
| Nybdc local dev corp - ny | Microloan Program | July 1, 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 | September 26, 2024 | $900,000 |
| Nybdc local development corporation | Microloan Program | September 19, 2025 | $894,051 |
| 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 | $610,000 |
| FY 23 prime technical assistance | Prime Technical Assistance | September 21, 2023 | $250,000 |
Questions people ask
How much federal grant money does Nybdc Local Development Corp get?
$12.7 million in 11 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Nybdc Local Development Corp the most?
The Small Business Administration, with $7.7 million in 7 awards. The Department of the Treasury follow.
What is Nybdc Local Development Corp's largest federal grant?
$2.2 million under Microloan Program, with its first action in the period on June 26, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Nybdc Local Development Corp?
Its largest are Microloan 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 Albany
- NYS Department of Health
- New York State Education Department
- New York State Office of Temporary & Disability Assistance
- New York State Division of Homeland Security & Emergency Services
- Department of Transportation New York
- Department of Labor New York
- Department of Environmental Conservation New York
- Health Research, Inc.
Largest federal grant recipients in New York · Federal grants in New York