COVID-19 CDFI Grant Program
Funding Amount
$50,000 - $150,000
Deadline
Deadline not published
Grant Type
Foundation
Deadline history & next window
- Cycle
- One-time opportunity
- Tracked since
- April 2026
Source: the cycle recorded on this listing. Confirm dates with the funder.
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Other requirements
- CDFIs with less than $20 million in total assets (documented on FY 2018 audited financial statements)
- Priority given to CDFIs that
- Had the hardest time attracting resources from public and private sources of funding
- Were more vulnerable with less operating and capital liquidity than larger CDFIs
Overview
Provided crucial flexible funds to smaller CDFIs in OFN's membership to help them withstand the COVID-19 crisis.
Geographic Scope: National
Focus Areas: Supporting smaller CDFIs serving low-income, low-wealth, and traditionally under-resourced communities and populations
Eligibility:
- CDFIs with less than $20 million in total assets (documented on FY 2018 audited financial statements)
- Priority given to CDFIs that:
- Had the hardest time attracting resources from public and private sources of funding
- Were more vulnerable with less operating and capital liquidity than larger CDFIs
- Served low-income, low-wealth, or traditionally under-resourced communities and populations
Grant Terms:
- Total awarded: $4.9 million
- Award range: $50,000–$150,000 per CDFI
- Funds could be used for: operations, loan capital, loan loss reserve, or any other purpose
What They Fund:
- Unrestricted grants for CDFIs' operational and financial needs
What Opportunity Finance Network actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 19
- Total given
- $2.87M
- Median grant
- $150K
- Range
- $100K–$215K
- By dollars: New York 18%, Minnesota 16%, California 10%. Top recipient cities: Minneapolis, MN; Syracuse, NY; Ontario, CA.
- 100% of grants with a stated purpose were for general or operating support.
- 68% of recipients were new grantees, not repeat recipients.
Example grants
Home Headquarters · Syracuse, NY
Operating grant
$215K
Ampac Business Capital · Ontario, CA
Operating grant
$150K
Atlanta Neighborhood Development Partnership · Atlanta, GA
Operating grant
$150K
Community Capital New York · Elmsford, NY
Operating grant
$150K
Community Health Center Capital Fund · Boston, MA
Operating grant
$150K
Focus Areas & Funding Uses
Fields of Work
- Small businesses
Categories
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