Programs › 21.020
Assistance listing · 21.020
Community Development Financial Institutions Program
Federal financial assistance obligated under listing 21.020, the organisations that receive it and where it goes.
USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026.
Federal agencies obligated $209M in awards under assistance listing 21.020, Community Development Financial Institutions Program, in FY2026, and $807M over the five fiscal years since FY2023; the program ranks 315 of 988 on this site.
Obligations were up 190% on FY2025 ($72M), with $0 so far in FY2027.
The largest recipient organisations by the value of $1.0M-plus awards since FY2023 were Capital Impact Partners ($13M), Ozarks Heritage Financial Group, Inc ($11M) and Peoples Bancshares, Inc. ($10M).
Obligations by fiscal year
Compared with the largest program FY2026
| Measure | This program | Grants to States for Medicaid | All assistance |
|---|---|---|---|
| Obligations, FY2026 | $209M | $722B | $4.4T |
| Five-year total | $807M | $2.6T | $17T |
| Share of all assistance obligations, five years | 0% | 15.2% | 100% |
Largest recipients $1.0M+ award value since FY2023
| # | Organisation | Awards | Award value |
|---|---|---|---|
| 1 | Capital Impact Partners | 4 | $13M |
| 2 | Ozarks Heritage Financial Group, Inc | 2 | $11M |
| 3 | Peoples Bancshares, Inc. | 4 | $10M |
| 4 | The Reinvestment Fund, Inc. | 4 | $8.9M |
| 5 | Local Initiatives Support Corporation | 3 | $8.8M |
| 6 | Community First Fund | 4 | $8.6M |
| 7 | Central Bancshares of Kansas City, Inc | 1 | $6.0M |
| 8 | Locus Impact Fund | 2 | $5.5M |
| 9 | Culleywood Capital LLC | 2 | $4.3M |
| 10 | Enterprise Community Loan Fund Inc | 3 | $4.2M |
| 11 | The Disability Fund, Inc | 2 | $4.1M |
| 12 | Justine Petersen Housing and Reinvestment Corporation | 2 | $4.0M |
| 13 | Clearinghouse Community Development Financial Institution | 2 | $3.9M |
| 14 | Leviticus 25:23 Alternative Fund Inc | 2 | $3.9M |
| 15 | Bluehub Loan Fund Inc | 2 | $3.8M |
Awarding agencies $1.0M+ awards
Largest awards since FY2023
| Recipient | Awarding agency | Type | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Central Bancshares of Kansas City, Inc | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.0M | 26 Sep 2024 | — | USAspending |
| Ozarks Heritage Financial Group, Inc | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.0M | 26 Sep 2024 | — | USAspending |
| Ozarks Heritage Financial Group, Inc | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $5.0M | 28 Feb 2023 | — | USAspending |
| Capital Impact Partners | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $5.0M | 28 Feb 2023 | — | USAspending |
| Capital Impact Partners | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $5.0M | 26 Sep 2024 | — | USAspending |
| Local Initiatives Support Corporation | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $5.0M | 26 Sep 2024 | — | USAspending |
| Locus Impact Fund | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $3.8M | 26 Sep 2024 | — | USAspending |
| Peoples Bancshares, Inc. | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $3.8M | 26 Sep 2024 | — | USAspending |
| The Reinvestment Fund, Inc. | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $3.8M | 26 Sep 2024 | — | USAspending |
| Community First Fund | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $3.8M | 26 Sep 2024 | — | USAspending |
Other programs numbered 21.xxx
- 21.033 Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) $1.7B
- 21.011 Capital Magnet Fund $568M
- 21.015 Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States $423M
- 21.031 State Small Business Credit Initiative Technical Assistance Grant Program $173M
- 21.009 Volunteer Income Tax Assistance (VITA) Matching Grant Program $145M
- 21.029 Coronavirus Capital Projects Fund $126M
- 21.012 Native Initiatives $100M
- 21.034 State Small Business Credit Initiative Competitive Technical Assistance Program $75M
- 21.017 Social Impact Partnerships to Pay for Results Act (SIPPRA) $45M
Questions and answers
How much is obligated under assistance listing 21.020?
$209M in FY2026 and $807M over the five fiscal years since FY2023, counting every award type recorded under the listing (grants, direct payments, loan subsidy cost, insurance and other assistance). Obligations are commitments, not payments.
Who receives the most under Community Development Financial Institutions Program?
Capital Impact Partners ($13M), Ozarks Heritage Financial Group, Inc ($11M), Peoples Bancshares, Inc. ($10M), The Reinvestment Fund, Inc. ($8.9M), Local Initiatives Support Corporation ($8.8M). Individuals are never listed; where a program pays individuals, USAspending records aggregated rows that appear here as "not shown".
What is an assistance listing (CFDA) number?
A five-digit number that identifies a federal financial assistance program on SAM.gov (formerly the Catalog of Federal Domestic Assistance). Every grant, loan, direct payment or other assistance award on USAspending carries one; contracts do not.
Provenance
Source: USAspending.gov API v2, spending by category (assistance listing) by fiscal year, recipient cross-tabulation for FY2022–FY2025 and award search, loaded 30 Sep 2026. State figures come from each state's top-100 listing table, so small amounts in a state may be missing. See methodology.