Funding Amount

Up to $500,000 or 25% of sale price, whichever is less

Deadline

Rolling / Open

Grant Type

foundation

Overview

Commercial Property Acquisition Fund

Status: Currently active

Geographic Scope: Washington, DC

Focus Areas: Commercial property acquisition assistance for businesses

Overview: 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

Focus Areas & Funding Uses

Fields of Work

small-businessesminority-businesseseconomic-services

Categories

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