Federal grants to Locus Impact Fund
Locus Impact Fund in Henrico, Virginia received $51.7 million in federal grants from fiscal 2021 to 2025, across 9 awards. Its largest program was Regional Food Business Centers, with $30.0 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated October 31, 2026.
- Grants, FY 2021 to 2025$51.7 million
- Awards9
- Awarded in FY 2025$0
- Largest award$30.0 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $5.6 million |
| FY 2022 | 2 | $2.1 million |
| FY 2023 | 1 | $4.7 million |
| FY 2024 | 4 | $39.3 million |
| FY 2025 | 0 | $0 |
Programs that fund Locus Impact Fund
| Program | Awards | Amount |
|---|---|---|
| Regional Food Business Centers | 1 | $30.0 million |
| Community Development Financial Institutions Program | 4 | $7.7 million |
| Capital Magnet Fund | 2 | $7.5 million |
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $4.7 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of Agriculture | 1 | $30.0 million |
| Department of the Treasury | 8 | $21.7 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| The southeast USDA regional food business center surfbc will create and catalyze development of regional food supply chains by providing trusted support for small and midsized farm and food businesses. Our work includes coordination technical assistance | Regional Food Business Centers | May 20, 2024 | $30.0 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 | $4.7 million |
| Purpose: to provide supplemental funding to cdfi fa and naca fa award recipients, for these certified community development financial institutions (CDFIS) to provide financing activities to support healthy food retail outlets and healthy food non retail outlets, that expand the availability of healt | Community Development Financial Institutions Program | September 26, 2024 | $3.8 million |
| Purpose: to attract financing for and increase investment in affordable housing for primarily low income, very low income, and extremely low income people and for certain related economic and community development activities. Planned activities: through competitive grants, the capital magnet fund (c | Capital Magnet Fund | October 4, 2023 | $3.8 million |
| Capital magnet fund award | Capital Magnet Fund | February 22, 2021 | $3.8 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 | $1.7 million |
| Purpose: to provide supplemental funding to cdfi fa and naca fa award recipients, for these certified community development financial institutions (CDFIS) to provide financing activities to support healthy food retail outlets and healthy food non retail outlets, that expand the availability of healt | Community Development Financial Institutions Program | December 8, 2021 | $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 | $625,000 |
Questions people ask
How much federal grant money does Locus Impact Fund get?
$51.7 million in 9 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Locus Impact Fund the most?
The Department of Agriculture, with $30.0 million in 1 award. The Department of the Treasury follow.
What is Locus Impact Fund's largest federal grant?
$30.0 million under Regional Food Business Centers, with its first action in the period on May 20, 2024. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Locus Impact Fund?
Its largest are Regional Food Business Centers, Community Development Financial Institutions Program and Capital Magnet Fund.
Other grant recipients in Henrico
- Department for Aging and Rehabilitative Services
- Virginia Department of Wildlife Resources
- County of Henrico
- Virginia Primary Care Association, Inc.
- Childfund International USA
- Virginia Health Workforce Development Authority
- Health Quality Innovators
- Commonwealth Catholic Charities
Largest federal grant recipients in Virginia · Federal grants in Virginia