HOMESIGHT logo

Sam Smith 'Hi Neighbor' Homeownership Fund

HOMESIGHT

Foundation Grants for Black-Owned BusinessesHousing Grants for NonprofitsAffordable Housing Grants
Apply Now

Funding Amount

Up to $20,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Sam Smith 'Hi Neighbor' Homeownership Fund

Funder: HomeSight, Windermere Real Estate, U.S. Bank, Key Bank, JP Morgan Chase, and National Association of Real Estate Brokers (NAREB)

Status: Active

Geographic Scope: Washington State

Focus Areas: Homeownership for Black/African American first-time homebuyers

Eligibility:

  • Black/African American first-time homebuyers

  • Earning between 80% and 120% of Washington State's Area Median Income (AMI)

  • Must be pursuing homeownership

    • Program Details:

  • Loan product designed to increase purchasing power and bridge the affordability gap for Black homebuyers

  • Eligible borrowers can receive up to $20,000 (initially advertised as up to $12,000, later expanded to $20,000)

  • Funds can be layered into a mortgage loan toward home purchase cost

  • Named after legendary Washington State Legislator Sam Smith, who championed the state's Open Housing Law in 1967

  • Created in partnership with Windermere Real Estate, U.S. Bank, Key Bank, JP Morgan Chase, and NAREB

  • Addresses racial disparities in homeownership: only 25.8% Black/African American homeownership rate in Seattle vs. 50.9% for White homeowners

    • Background:

  • Launched December 2021

  • Created to address systemic barriers to homeownership for Black homebuyers

  • Part of broader effort to increase Black homeownership rates and build generational wealth

    • Contact Information:

  • Main Office: (206) 723-4355

  • Email: info@homesightwa.org

  • Website: http://homesightwa.org/sam-smith-hi-neighbor-homeownership-fund/

    • How to Apply

    How to Apply

    Specific application procedures not detailed in provided content. Contact HomeSight directly:

  • Phone: (206) 723-4355

  • Email: info@homesightwa.org

  • Website: http://homesightwa.org/sam-smith-hi-neighbor-homeownership-fund/

    • Apply with Grantable Learn more

    Focus Areas & Funding Uses

    Fields of Work

    black-owned-businesseshousingaffordable-housing

    Categories

    Browse similar grants by category

    Grants for Black-Owned BusinessesHousing Grants for NonprofitsAffordable Housing Grants

    Related Grants

    Similar grants from this funder and related organizations

    Foundation

    No-Interest Loan Program

    Amount

    Varies

    Deadline

    Rolling / Open

    Rolling (Quarterly)
    Foundation

    Unrestricted Grants

    Amount

    Varies

    Deadline

    Rolling / Open

    Foundation

    AYAInvest

    Amount

    Varies

    Deadline

    Rolling / Open

    Foundation

    BEA Entrepreneurs Fund

    Amount

    $50,000,000

    Deadline

    Rolling / Open

    Foundation

    GK Fund Grant Support Program

    Amount

    $10,000

    Deadline

    Rolling / Open

    Foundation

    Excellerator Fund

    Amount

    Varies

    Deadline

    Rolling / Open

    Semi-annual

    Ready to apply for Sam Smith 'Hi Neighbor' Homeownership Fund?

    Grantable helps you assess fit, draft narratives, and track deadlines — so you can submit stronger applications, faster.

    Apply with Grantable Learn more