Commercial Property Acquisition Fund
Funding Amount
Up to $500,000 or 25% of sale price, whichever is less
Deadline
Rolling (quarterly review)
Grant Type
Foundation
Deadline history & next window
- Cycle
- Rolling — applications accepted year-round
- 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
- Businesses must be at least 51% owned by those who are economically disadvantaged or have been subjected to racial, ethnic, or cultural bias
Overview
Geographic Scope: Washington, DC
Focus Areas: Commercial property acquisition assistance for businesses
Through this fund, CFE disburses down payment assistance grants to help businesses acquire commercial property in DC.
Eligibility
- Businesses must be at least 51% owned by those who are economically disadvantaged or have been subjected to racial, ethnic, or cultural bias
Award Details
- Award Amount: Up to $500,000 or 25% of the sale price, whichever is less
- Purpose: Down payment assistance for commercial property acquisition
Background
City First Enterprises (CFE) is a certified CDFI (Community Development Financial Institution) specializing in flexible lending and grant management for affordable housing, commercial real estate, small businesses, non-profits, and clean energy projects. The Grants Management team administers public-private grant programs in collaboration with DC government partners.
Contact
- Email: jasmine@cfenterprises.org
- Address: 1701 Rhode Island Ave NW Suite 3-103, Washington DC 20036
- Phone: 202.745.4490
- Website: https://www.cfenterprises.org/
How to Apply
Application Process
Detailed application procedures are not specified on the provided website pages. For application information, contact CFE directly:
- Email: jasmine@cfenterprises.org
- Phone: 202.745.4490
- Address: 1701 Rhode Island Ave NW Suite 3-103, Washington DC 20036
What City First Enterprises Inc actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 2
- Total given
- $769K
- Median grant
- $384K
- Range
- $269K–$500K
- By dollars: District of Columbia 100%. Top recipient cities: Washington, DC.
Example grants
1847 Property LLC · Washington, DC
Support for equity impact enterprises
$500K
Smart Choices LLC · Washington, DC
Support for equity impact enterprises
$269K
Focus Areas & Funding Uses
Fields of Work
- Small businesses
- Minority businesses
- Economic services
Categories
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