Funding Amount

Up to $500K

Deadline

Rolling / Open

Grant Type

Foundation

Deadline history & next window

Cycle
Rolling — applications accepted year-round
Tracked since
September 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.

Eligible organizations

  • Businesses
  • Nonprofits

Geography

  • District of Columbia

Overview

The Commercial Property Acquisition Fund (a DC government program administered by City First Enterprises) disburses down-payment assistance grants of up to $500,000 or 25% of the sale price, whichever is less, to help businesses acquire commercial property in Washington, DC. Eligible businesses must be at least 51% owned by people who are economically disadvantaged or have been subjected to racial, ethnic, or cultural bias. CFE lists this among the programs it is currently responding to applicants for (other CFE-administered funds listed are prior COVID-era programs now closed). Geographically restricted to DC.

How to Apply

Administered by City First Enterprises' Grants Management team on behalf of the DC government; CFE is currently responding to applicants and disbursing funds. Contact CFE / see cfenterprises.org grants management for current application details.

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
  • 100% of its 2025 grant dollars went to recipients in District of Columbia, where this grant's project is located.
  • 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

IRS Form 990, 2025. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Minority businesses
  • Black-owned businesses

Project Locations

  • DC

Categories

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