Programs › 87.101
Assistance listing · 87.101
Project Development
Federal financial assistance obligated under listing 87.101, 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 $24M in awards under assistance listing 87.101, Project Development, in FY2025, and $116M over the five fiscal years since FY2022; the program ranks 793 of 1056 on this site.
Obligations were down 52% on FY2024 ($51M), with $22M so far in FY2026.
The largest recipient organisations by the value of $1.0M-plus awards since FY2022 were Globeleq Africa Limited ($10M), Orom-Cross Graphite Project Ta ($5.0M) and Turf Catalytic Capital Fund ($5.0M).
Obligations by fiscal year
Compared with the largest program FY2025
| Measure | This program | Grants to States for Medicaid | All assistance |
|---|---|---|---|
| Obligations, FY2025 | $24M | $666B | $4.5T |
| Five-year total | $116M | $3.2T | $21T |
| Share of all assistance obligations, five years | 0% | 15.2% | 100% |
Largest recipients $1.0M+ award value since FY2022
| # | Organisation | Awards | Award value |
|---|---|---|---|
| 1 | Globeleq Africa Limited | 2 | $10M |
| 2 | Orom-Cross Graphite Project Ta | 1 | $5.0M |
| 3 | Turf Catalytic Capital Fund | 1 | $5.0M |
| 4 | Tetra Tech Es, Inc. | 1 | $5.0M |
| 5 | Cerro de Pasco Resources Inc. | 1 | $5.0M |
| 6 | Pela Global Limited | 1 | $5.0M |
| 7 | Pula Advisors AG | 1 | $4.9M |
| 8 | Harena Rare Earths PLC | 1 | $4.8M |
| 9 | Sondiale SA | 1 | $4.7M |
| 10 | Lancaster Exploration Limited | 1 | $4.6M |
| 11 | Argentina Potash Corporation | 1 | $4.1M |
| 12 | Sharaka Capital Fund Ta | 1 | $3.3M |
| 13 | Virunga Power | 1 | $3.1M |
| 14 | Beacon Fund Ta | 1 | $2.5M |
| 15 | Agdevco Limited | 1 | $2.0M |
Awarding agencies $1.0M+ awards
Largest awards since FY2022
Other programs numbered 87.xxx
- 87.006 Political Risk Insurance $1.4B
- 87.004 Equity Investments $889M
- 87.052 Gulf Coast Ecosystem Restoration Council Oil Spill Impact Program $612M
- 87.051 Gulf Coast Ecosystem Restoration Council Comprehensive Plan Component Program $259M
- 87.005 Debt Financing $118M
Questions and answers
How much is obligated under assistance listing 87.101?
$24M in FY2025 and $116M 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 Project Development?
Globeleq Africa Limited ($10M), Orom-Cross Graphite Project Ta ($5.0M), Turf Catalytic Capital Fund ($5.0M), Tetra Tech Es, Inc. ($5.0M), Cerro de Pasco Resources Inc. ($5.0M). 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.