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Find similar grantsThrough the Capital Magnet Fund, the CDFI Fund provides competitively awarded grants to CDFIs and qualified nonprofit housing organizations.
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Or search similar grants →According to the current listing, eligibility includes: Community Development Financial Institutions (CDFIs) and qualified non-profit housing organizations. Nonprofits focused on community development are eligible. Confirm the full requirements in the official notice before applying.
Capital Magnet Fund Program is funded by CDFI Fund. Verify program details on the funder's official page before applying.
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Past winners and funding trends for this program
The CDFI Fund opened the CY 2026 New Markets Tax Credit round with $5 billion in allocation authority — half the record $10 billion awarded in January. CDE certification closes September 22, AMIS registration October 6, and applications November 10. Miss the registration and the November deadline is irrelevant.
Read articleThe CDFI Fund published the CY2026 NMTC Notice of Allocation Availability on September 15, 2026. It offers $5 billion, down from $10 billion last round, against demand that already hit $19.2 billion. Applications close November 10. But the deadline that eliminates most would-be applicants is September 22 — and it is not the application deadline.
Read articleThe Administration for Native Americans finalized the elimination of SEDS on July 28, 2026, posted its replacement the same day, and closed applications August 27 — a 30-day window for a $24 million program with 31 expected awards. What changed is not the money. It is who decides what the money is for.
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