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Capital Magnet Fund
Federal · COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS · #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. Grants are used to support financing for the preservation, rehabilitation, development or purchase of affordable housing as well as select related economic development and community facilities that serve residents of these communities.
Also known as
About this program
The Capital Magnet Fund helps to create and preserve affordable housing for low-income families, individuals, and economically distressed communities by attracting private capital. Grants are used to support financing for the preservation, rehabilitation, development or purchase of affordable housing as well as select related economic development and community facilities that serve residents of these communities.
Who can apply
Categories
Source: SAM.gov Assistance Listings ↗ · 2026
Informational only — official eligibility is determined by the administering agency.
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