Programs › 21.033
Assistance listing · 21.033
Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP)
Federal financial assistance obligated under listing 21.033, 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 $0 in awards under assistance listing 21.033, Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), in FY2025, and $1.7B over the five fiscal years since FY2022; the program ranks 235 of 1056 on this site.
The largest recipient organisations over FY2022–FY2025 were First Naturalstate Bank ($6.2M), Bom Bank ($6.2M) and Midwest Housing Development Fund, Inc. ($6.2M).
Obligations by fiscal year
Compared with the largest program FY2025
| Measure | This program | Grants to States for Medicaid | All assistance |
|---|---|---|---|
| Obligations, FY2025 | $0 | $666B | $4.5T |
| Five-year total | $1.7B | $3.2T | $21T |
| Share of all assistance obligations, five years | 0% | 15.2% | 100% |
Largest recipients obligations, FY2022–FY2025
| # | Organisation | Obligations |
|---|---|---|
| 1 | First Naturalstate Bank | $6.2M |
| 2 | Bom Bank | $6.2M |
| 3 | Midwest Housing Development Fund, Inc. | $6.2M |
| 4 | The First Bank | $6.2M |
| 5 | Harbor Bankshares Corporation | $6.2M |
| 6 | Pidc Community Capital | $6.2M |
| 7 | Asian Financial Corp | $6.2M |
| 8 | Bank of Vernon | $6.2M |
| 9 | Cooperativa de Ahorro y Credito de Camuy | $6.2M |
| 10 | Raza Development Fund Inc | $6.2M |
| 11 | The Community Development Trust, LP | $6.2M |
| 12 | Boc Capital Corp. | $6.2M |
| 13 | Citizens Bank | $6.2M |
| 14 | Justine Petersen Housing and Reinvestment Corporation | $6.2M |
| 15 | Bankfirst Financial Services | $6.2M |
| 16 | Peoples Bank | $6.2M |
| 17 | Cooperativa de Ahorro y Credito de Isabela | $6.2M |
| 18 | Community First Fund | $6.2M |
| 19 | Genesis Bank | $6.2M |
| 20 | Partners Bank | $6.2M |
| 21 | Cooperativa de Ahorro y Credito Jesus Obrero | $6.2M |
| 22 | Freedom Bank | $6.2M |
| 23 | People Trust | $6.2M |
| 24 | Peoples Advantage Federal Credit Union | $6.2M |
| 25 | Cooperativa de Ahorro y Credito de Santa Isabel | $6.2M |
Awarding agencies $1.0M+ awards
Largest awards since FY2022
| Recipient | Awarding agency | Type | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Bom Bank | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.2M | 10 Apr 2023 | — | USAspending |
| Harbor Bankshares Corporation | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.2M | 10 Apr 2023 | — | USAspending |
| Liberty Financial Services, Inc. | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.2M | 10 Apr 2023 | — | USAspending |
| Recipient not shown | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.2M | 10 Apr 2023 | — | USAspending |
| Texas National Bank | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.2M | 10 Apr 2023 | — | USAspending |
| Pidc Community Capital | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.2M | 10 Apr 2023 | — | USAspending |
| Boc Capital Corp. | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.2M | 10 Apr 2023 | — | USAspending |
| Raza Development Fund Inc | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.2M | 10 Apr 2023 | — | USAspending |
| Partners Bank | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.2M | 10 Apr 2023 | — | USAspending |
| Genesis Bank | Department of the TreasuryCommunity Development Financial Institutions Fund | GrantProject Grant (B) | $6.2M | 10 Apr 2023 | — | USAspending |
Other programs numbered 21.xxx
- 21.029 Coronavirus Capital Projects Fund $10.0B
- 21.032 Local Assistance and Tribal Consistency Fund $2.0B
- 21.020 Community Development Financial Institutions Program $995M
- 21.011 Capital Magnet Fund $904M
- 21.015 Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States $518M
- 21.009 Volunteer Income Tax Assistance (VITA) Matching Grant Program $175M
- 21.031 State Small Business Credit Initiative Technical Assistance Grant Program $173M
- 21.012 Native Initiatives $116M
- 21.034 State Small Business Credit Initiative Competitive Technical Assistance Program $75M
- 21.017 Social Impact Partnerships to Pay for Results Act (SIPPRA) $58M
Questions and answers
How much is obligated under assistance listing 21.033?
$0 in FY2025 and $1.7B over the five fiscal years since FY2022, 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 Fund Equitable Recovery Program (CDFI ERP)?
First Naturalstate Bank ($6.2M), Bom Bank ($6.2M), Midwest Housing Development Fund, Inc. ($6.2M), The First Bank ($6.2M), Harbor Bankshares Corporation ($6.2M). 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.