Federal grants to Impact Seven
Impact Seven in Rice Lake, Wisconsin received $16.5 million in federal grants from fiscal 2021 to 2025, across 8 awards. Its largest program was Capital Magnet Fund, with $4.5 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$16.5 million
- Awards8
- Awarded in FY 2025$0
- Largest award$4.5 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $1.7 million |
| FY 2022 | 2 | $1.2 million |
| FY 2023 | 2 | $4.3 million |
| FY 2024 | 3 | $9.3 million |
| FY 2025 | 0 | $0 |
Programs that fund Impact Seven
| Program | Awards | Amount |
|---|---|---|
| Capital Magnet Fund | 1 | $4.5 million |
| Economic Development Initiative, Community Project Funding, and Miscellaneous grants | 1 | $4.0 million |
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $3.7 million |
| Community Development Financial Institutions Program | 3 | $1.9 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Community Services Block Grant Discretionary Awards | 1 | $800,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 6 | $11.9 million |
| Department of Housing and Urban Development | 1 | $4.0 million |
| Department of Health and Human Services | 1 | $800,000 |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| 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 | $4.5 million |
| Purpose: economic development initiative, community project funding/congressional directed spending awards are authorized under the consolidated appropriations act, 2022 public law 117-328 and the explanatory statement for division l of that act. Projects selected for community project funding/congr | Economic Development Initiative, Community Project Funding, and Miscellaneous grants | August 20, 2024 | $4.0 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 | $3.7 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| Omnia wood products | Community Services Block Grant Discretionary Awards | September 29, 2022 | $800,000 |
| 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 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 | $560,000 |
| 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 | $500,000 |
Questions people ask
How much federal grant money does Impact Seven get?
$16.5 million in 8 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Impact Seven the most?
The Department of the Treasury, with $11.9 million in 6 awards. The Department of Housing and Urban Development and the Department of Health and Human Services follow.
What is Impact Seven's largest federal grant?
$4.5 million under Capital Magnet Fund, with its first action in the period on October 4, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Impact Seven?
Its largest are Capital Magnet Fund, Economic Development Initiative, Community Project Funding, and Miscellaneous grants and Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP).
Other grant recipients in Rice Lake
Largest federal grant recipients in Wisconsin · Federal grants in Wisconsin