Federal grants to The Community Development Venture Capital Alliance
The Community Development Venture Capital Alliance in New York, New York received $6.2 million in federal grants from fiscal 2021 to 2025, across 5 awards. Its largest program was MBDA Capital Readiness Program, with $3.0 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$6.2 million
- Awards5
- Awarded in FY 2025$0
- Largest award$3.0 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $525,000 |
| FY 2022 | 1 | $701,530 |
| FY 2023 | 2 | $3.5 million |
| FY 2024 | 1 | $1.5 million |
| FY 2025 | 0 | $0 |
Programs that fund The Community Development Venture Capital Alliance
| Program | Awards | Amount |
|---|---|---|
| MBDA Capital Readiness Program | 1 | $3.0 million |
| Community Development Financial Institutions Program | 2 | $2.2 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $525,000 |
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $500,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 4 | $3.2 million |
| Department of Commerce | 1 | $3.0 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| The mbda capital readiness program (program) is designed to help close the entrepreneurship gap between socially and economically disadvantaged individuals (SEDI) and non-sedi. The recipients are were selected to: (1) help sedi entrepreneurs build capacity; (2) attract and provide access to capital | MBDA Capital Readiness Program | August 18, 2023 | $3.0 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 | $1.5 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 | December 8, 2021 | $701,530 |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $525,000 |
| 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 | $500,000 |
Questions people ask
How much federal grant money does The Community Development Venture Capital Alliance get?
$6.2 million in 5 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives The Community Development Venture Capital Alliance the most?
The Department of the Treasury, with $3.2 million in 4 awards. The Department of Commerce follow.
What is The Community Development Venture Capital Alliance's largest federal grant?
$3.0 million under MBDA Capital Readiness Program, with its first action in the period on August 18, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund The Community Development Venture Capital Alliance?
Its largest are MBDA Capital Readiness Program, Community Development Financial Institutions Program and Community Development Financial Institutions Rapid Response Program (CDFI RRP).
Other grant recipients in New York
- Metropolitan Transportation Authority
- New York City Housing Authority
- Gateway Development Commission
- The Trustees of Columbia University in the City of New York
- Icahn School of Medicine at Mount Sinai
- New York University
- Inclusiv, Inc
- International Rescue Committee, Inc.
Largest federal grant recipients in New York · Federal grants in New York