Field Order 15 Fund
Funding Amount
$5,000,000 (grant expansion) + $2,800,000 (down payment assistance and low-interest loans)
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Other requirements
- BIPOC developers building affordable homes in communities needing housing resources
- Focus on addressing housing shortage disproportionately impacting BIPOC communities
- Targets communities harmed by the war on drugs (CRP community-designed plan)
Overview
Funder: Washington State Community Reinvestment Program (CRP), launched in partnership with Black Home Initiative (BHI)
Geographic Scope: Washington State
Focus Areas: Support for BIPOC (Black, Indigenous, and People of Color) affordable housing developers and homeownership
Initial Phase (Launched January 2024)
- Provides upfront grant money to BIPOC developers
- Offers eligibility for low-interest lending
- Provides technical support for BIPOC developers building affordable homes
Expanded Phase (November 2024)
- $5,000,000 grant from Community Reinvestment Program to expand Field Order 15 Fund
- $2,800,000 to provide homeownership down payment assistance
- Creates new low-interest loan program
- Enables BIPOC developers to purchase land for home building
- Opens doors for previously excluded home developers
Eligibility:
- BIPOC developers building affordable homes in communities needing housing resources
- Focus on addressing housing shortage disproportionately impacting BIPOC communities
- Targets communities harmed by the war on drugs (CRP community-designed plan)
Background:
- Launched January 2024 in partnership with Black Home Initiative
- BIPOC homebuilders represent only 0.5% of real estate developers nationwide
- Addresses racial disparities in homeownership and housing market
- Part of community-designed plan to uplift communities disproportionately harmed by the war on drugs
Contact Information:
- Main Office: (206) 723-4355
- Email: info@homesightwa.org
- Executive Director: Darryl Smith
How to Apply
How to Apply
Specific application procedures not detailed in provided content. Contact HomeSight directly for information about developer eligibility and application process:
- Phone: (206) 723-4355
- Email: info@homesightwa.org
What Homesight actually gave
Source: IRS Form 990, 2023 — the most recent filing with itemized grants
Homesight reported $5,000 in grants for 2024 as a total without an itemized list; the grant details below are from 2023, its most recent itemized filing.
- Grants in 2023
- 6
- Total given
- $682K
- Median grant
- $78K
- Range
- $8,000–$279K
- By dollars: Washington 100%. Top recipient cities: Seattle, WA; Renton, WA.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
Literacy Source · Seattle, WA
Ready to work
$279K
Asian Counseling & Referral Service · Seattle, WA
Ready to work
$190K
Front and Centered · Seattle, WA
Community dev
$90K
Neighborhood House · Seattle, WA
Ready to work
$65K
Somali Community Services of Sea · Seattle, WA
Ready to work
$50K
Focus Areas & Funding Uses
Fields of Work
- BIPOC
- Housing
- Affordable housing
- Community development
Categories
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