Beta© 2026 Adaptrex, LLC
Beta© 2026 Adaptrex, LLC
Federal grant · project grant (b)
Purpose: to Attract Financing for and Increase Investment in Affordable Housing for Primarily Low Income, Very Low Income, and Extremely Low Income People and for Certain Related Economic and Community Development Activities. Planned Activities: Through Competitive Grants, the Capital Magnet Fund (CMF) Provides Capital to Finance and Support Affordable Housing and Related Economic Development. End Goals: Expected Outcomes Include Increased Private Investment in the Acquisition, Development, Rehabilitation, and Preservation of Affordable Rental Housing and Homeownership. Beneficiaries: Certified Community Development Financial Institution; Private Nonprofit Housing Organizations, Public Nonprofit Institution/organization. Low Income, Very Low Income, and Extremely Low Income Individuals and Families as Set Forth in 12 C.F.R. Part 1807, as Amended. Subrecipients: There Are No Subrecipients for This Program. Broadband: Not Applicable. Reason/purpose of Modification: Not Applicable.
Committed
$7.5 Million
Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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