Capital Magnet Fund — CFDA 21.011 obligation totals

The $567.6M Capital Magnet Fund obligation sum

USAspending.gov records $567.6M in obligations on assistance awards tagged 21.011. SpendingVault reprints that commitment total. It is not an outlay dashboard, not a tax-credit allocation, and not a count of affordable units placed in service. An obligation is a recorded federal commitment on the award. What later happens in a project’s capital stack is outside this packet.

No fiscal year is attached to the $567.6M. The listing title names a fund; the extract still does not split the total by funding round or by for-sale versus rental activity. This guide therefore does not invent a round-by-round table. The facts on hand are the obligation sum, 100 awards, and 81 recipients.

A “magnet” fund, by title, is meant to attract other capital. That purpose statement is not a number in this packet. Publishing a leverage multiple here would be invention. The $567.6M is the federal obligation sum on 100 assistance awards. Private loans, tax credits, and local subsidy that may sit next to those awards are other ledgers. SpendingVault will not add them. If a reader has a project pro forma, keep the CFDA 21.011 line item separate from the rest of the stack.

100 awards and 81 recipients, without a state map

One hundred awards and 81 recipients describe a relatively short assistance file at this dollar scale. Many recipients likely appear once, with some repeats, but the packet does not publish that split. Award rows can include continuations or amendments. Recipient count is distinct identifiers, not a count of properties financed.

The extract’s state count is 0 in the packet, which this guide reads as: no state geography is supplied in the rollup, not as a claim that the Capital Magnet Fund operates nowhere. Do not treat a missing state count as proof of overseas-only activity or of a national program without local projects. Location, if it exists, lives on award-level records on the program hub, not in this four-field summary.

What a missing state count does and does not mean

Some USAspending assistance rollups omit a usable state dimension. CFDA 21.011 is in that group in this extract. The $567.6M can still sit on awards that have addresses; those addresses are simply not aggregated into a stateCount fact here. This page will not fill the gap with an invented map.

Readers hunting for a particular state should open the 100-row table rather than this guide. Filtering on the hub is the honest path. Inventing a 50-state distribution from a packet that recorded none would be a different dataset pretending to be this one.

Missing stateCount also means this rollup cannot support a red/blue or urban/rural map. Housing finance is geographically specific; this four-field extract is not. The honest geographic tool is the 100-row table, which may still have city or state fields on individual awards even though the packet-level state count is absent. If those fields are blank on a row, this guide still will not fill them. Absence in USAspending is not a license to impute a property address.

Fund commitments are not housing outlays

Capital Magnet Fund awards often sit inside larger project finance. Federal obligation on CFDA 21.011 can be one slice of a deal. This packet does not report leverage ratios, private capital attracted, or units produced, so none of those are cited. The $567.6M remains an assistance-award obligation total.

Outlays, draws, and recycled fund proceeds are different money stories. USAspending obligations do not automatically equal dollars in a development account. SpendingVault keeps the commitment definition so CFDA 21.011 can be compared with other catalog lines without mixing a housing production statistic into the headline.

Award size on a 100-row, $567.6M file can look large compared with formula housing grants that mint thousands of rows. That contrast is about row count, not about impact. This packet has no per-award amounts. Do not divide $567.6M by 100 and publish the quotient as “the typical Capital Magnet Fund award”; even a mechanical average would hide skew, and the packet does not bless that average. Use the hub’s amount column instead of a homemade mean.

Where the 21.011 award lines live

The Capital Magnet Fund program page lists the 100 awards and 81 recipients behind $567.6M. The all-programs index is the comparison shelf. Agency pages roll up a different cut of USAspending; this packet does not name the awarding agency, so this guide does not attach the $567.6M to a department total on its own.

Reading 21.011 next to other catalog lines

The Capital Magnet Fund program page is the 100-award table behind $567.6M and 81 recipients. The all-programs index is for comparing obligation scale, not for ranking housing production. Agency pages roll up department totals; this packet does not name the awarding agency, so the $567.6M stays on the CFDA listing. When a question is “who received the award,” open the recipient column on the program hub rather than this guide’s four facts.

Questions

How much has the Capital Magnet Fund obligated on USAspending?

CFDA 21.011 shows $567.6M in USAspending.gov obligations in SpendingVault’s extract. That figure is a sum of assistance-award commitments, not Treasury outlays and not a count of housing units financed. USAspending.gov obligations on CFDA 21.011 are recorded commitments, not Treasury outlays.

How many Capital Magnet Fund awards are in the extract?

The file lists 100 awards and 81 recipients. Award count is a row count; recipient count is distinct identifiers. The packet does not classify recipients as CDFIs, nonprofits, or other organization types. USAspending.gov obligations on CFDA 21.011 are recorded commitments, not Treasury outlays.

Which states received Capital Magnet Fund awards?

This extract does not include a state count for CFDA 21.011. Missing geography in the rollup is not a claim that awards have no locations. Use the 100-row program table for any address fields USAspending recorded. USAspending.gov obligations on CFDA 21.011 are recorded commitments, not Treasury outlays.

Is $567.6M the amount paid out for housing?

No. Obligations are commitments. Outlays are payments. The $567.6M on CFDA 21.011 is the obligation total. Leverage, unit counts, and draw schedules are not in this packet. USAspending.gov obligations on CFDA 21.011 are recorded commitments, not Treasury outlays.