Federal grants to Appalachian Community Capital Corporation
Appalachian Community Capital Corporation in Christiansburg, Virginia received $505 million in federal grants from fiscal 2021 to 2025, across 7 awards. Its largest program was Greenhouse Gas Reduction Fund: Clean Communities Investment Accelerator, with $500 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$505 million
- Awards7
- Awarded in FY 2025$0
- Largest award$500 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $1.8 million |
| FY 2022 | 0 | $0 |
| FY 2023 | 3 | $2.6 million |
| FY 2024 | 3 | $501 million |
| FY 2025 | 0 | $0 |
Programs that fund Appalachian Community Capital Corporation
| Program | Awards | Amount |
|---|---|---|
| Greenhouse Gas Reduction Fund: Clean Communities Investment Accelerator | 1 | $500 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Appalachian Area Development | 1 | $1.5 million |
| Community Development Financial Institutions Program | 2 | $1.3 million |
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $627,096 |
| Appalachian Research, Technical Assistance, and Demonstration Projects | 1 | $130,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Environmental Protection Agency | 1 | $500 million |
| Department of the Treasury | 4 | $3.8 million |
| Appalachian Regional Commission | 2 | $1.6 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Description: this agreement provides funding under the inflation reduction act (IRA) to appalachian community capital corporation. The recipient will utilize the funding to reduce emissions of greenhouse gases and other air pollutants; deliver benefits of greenhouse gas- and air pollution-reducing pr | Greenhouse Gas Reduction Fund: Clean Communities Investment Accelerator | August 8, 2024 | $500 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| Access to capital | Appalachian Area Development | September 23, 2023 | $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 | September 26, 2024 | $800,000 |
| 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 | $627,096 |
| 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 | $510,000 |
| Access to capital | Appalachian Research, Technical Assistance, and Demonstration Projects | March 8, 2024 | $130,000 |
Questions people ask
How much federal grant money does Appalachian Community Capital Corporation get?
$505 million in 7 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Appalachian Community Capital Corporation the most?
The Environmental Protection Agency, with $500 million in 1 award. The Department of the Treasury and the Appalachian Regional Commission follow.
What is Appalachian Community Capital Corporation's largest federal grant?
$500 million under Greenhouse Gas Reduction Fund: Clean Communities Investment Accelerator, with its first action in the period on August 8, 2024. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Appalachian Community Capital Corporation?
Its largest are Greenhouse Gas Reduction Fund: Clean Communities Investment Accelerator, Community Development Financial Institutions Rapid Response Program (CDFI RRP) and Appalachian Area Development.
Other grant recipients in Christiansburg
Largest federal grant recipients in Virginia · Federal grants in Virginia