Home › Grants › United States › Capital Magnet Fund (Assistance Listing 21.011)

Capital Magnet Fund (Assistance Listing 21.011)

The Capital Magnet Fund helps to create and preserve affordable housing for low-income families, individuals, and economically distressed communities by attracting private capital.

Grant (non-repayable) Check the official page for current intake dates

Funder

Community Development Financial Institutions (listed as Treasury, Department Of The / Community Development Financial Institutions)
Funder profile and all of its programs

Amount

The range of CMF Awards for the FY 2023 funding round were from $1,500,000 to $12,000,000 and obligations were made in FY 2024. The average Award in the FY 2023 funding round was $6,177,600.

Where

United States (federal)

Eligibility

Open to businesses and self-employed people. Federal assistance program (Grant); individual funding notices set the dates.

Sectors

Community development, Housing

Deadline

Varies: check the official page for current dates

Source

SAM.gov Assistance Listings (21.011)

Last checked

2 November 2026

Funder contacts

Public organizational contacts on file Unlock full profile / Sign up

Official page ↗

From official open data: listed in the official SAM.gov Assistance Listings on 2026-11-02. The summary is from the official listing; the eligibility line is our plain-language reading of its eligibility codes. Confirm details on the official page.

Related grant lists

Community development Housing Businesses and entrepreneurs United States United States (national) Federal agency

Information only. GrantSift is not affiliated with any funder. A match means a program is likely eligible or worth checking, not that you will be funded. Always confirm details on the official page. Applying through official portals is free.