Federal grants to Democracy Federal Credit Union
Democracy Federal Credit Union in Alexandria, Virginia received $6.4 million in federal grants from fiscal 2021 to 2025, across 3 awards. Its largest program was Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with $3.7 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$6.4 million
- Awards3
- Awarded in FY 2025$0
- Largest award$3.7 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $1.8 million |
| FY 2022 | 0 | $0 |
| FY 2023 | 1 | $3.7 million |
| FY 2024 | 1 | $900,000 |
| FY 2025 | 0 | $0 |
Programs that fund Democracy Federal Credit Union
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $3.7 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Community Development Financial Institutions Program | 1 | $900,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 3 | $6.4 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| 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 | $3.7 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 | September 26, 2024 | $900,000 |
Questions people ask
How much federal grant money does Democracy Federal Credit Union get?
$6.4 million in 3 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Democracy Federal Credit Union the most?
The Department of the Treasury, with $6.4 million in 3 awards.
What is Democracy Federal Credit Union's largest federal grant?
$3.7 million under Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with its first action in the period on April 10, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Democracy Federal Credit Union?
Its largest are Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), Community Development Financial Institutions Rapid Response Program (CDFI RRP) and Community Development Financial Institutions Program.
Other grant recipients in Alexandria
- The National Board for the Emergency Food & Shelter Program
- The National Center for Missing and Exploited Children
- Public Health Accreditation Board
- City of Alexandria, Virginia
- Recreational Boating and Fishing Foundation
- American Indian Higher Education Consortium
- All Rise for Justice
- International Association of Chiefs of Police
Largest federal grant recipients in Virginia · Federal grants in Virginia