Funding Amount

Up to $500K

Deadline

Rolling / Open

Grant Type

foundation

Overview

Fact (page-stated): 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. Fact: eligible businesses must be at least 51% owned by people who are economically disadvantaged or have been subjected to racial, ethnic, or cultural bias. Fact: 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.

Eligibility

Eligible Applicant Types

businessnonprofit

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.

Focus Areas & Funding Uses

Fields of Work

minority-businessesblack-owned-businesses

Project Locations

DC

Categories

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