Expand Homeowner Opportunities NOFO Grant
Washington state department of commerce
Funding Amount
Up to US $15,338,050
Deadline
Deadline not published
Grant Type
Foundation
Overview
Note: COMMERCE will accept questions about this NOFO till the deadline indicated for Letter of Inquiry above
Washington State Department of Commerce
We administer a diverse portfolio of more than 100 programs and several state boards and commissions, all focused on helping communities achieve positive growth.
Community Reinvestment Plan Homeownership Capital Accelerator
Commerce’s Community Reinvestment Program (CRP) is now accepting applications from organizations, lenders and tribes to assist people disproportionally experiencing wealth disparities with buying homes and building generational wealth.
Funding will support expanding affordable homeownership opportunities. This can include:
- Land acquisition loan program
- Capacity building for emerging community-based housing organizations
- Culturally responsive financial coaching
- Flexible mortgage products that help buyers become mortgage-ready faster
- Foreclosure remediation for people who own and live in their home
- Upgrades to homes that people own and live in that address health and safety needs
- Loan programs to create accessory dwelling units (ADU) or detached accessory dwelling units (DADU)
Focus Areas & Funding Uses
Fields of Work
- Affordable housing
- Housing
- Nonprofits
Categories
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