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Commercial Property Acquisition Fund is sponsored by City First Enterprises (in collaboration with DC government partners). This fund disburses down payment assistance grants to help businesses acquire commercial property in DC. Businesses must be at least 51% owned by those who are economically disadvantaged or have been subjected to racial, ethnic, or cultural bias.
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Commercial Property Acquisition Fund | dmped Commercial Property Acquisition Fund Mayor Bowser and the Office of the Deputy Mayor for Planning and Economic Development, in partnership with the Council of the District of Columbia, are strategically investing up to $1. 5 million in the Commercial Property Acquisition Fund (CPAF). Investment is subject to FY26 budget availability.
The Commercial Property Acquisition Fund is devised to provide down payment assistance through grants of up to $300,000 or 25% of the sale price, whichever is less, to eligible DC-based businesses looking to maintain and expand their operations to a physical presence by acquiring commercial property located in the District. The program is designed for business applicants to own and occupy the commercial property for at least 7 years.
City First Enterprises (CFE) is the grant administrator and main point of contact for this program. For questions or assistance regarding this grant program or application, please email [email protected] . Frequently Asked Questions (FAQs) Commercial Property Acquisition Fund Application
According to the current listing, eligibility includes: Businesses acquiring commercial property in Washington D. C. that are at least 51% owned by economically disadvantaged individuals or those subjected to racial, ethnic, or cultural bias. Confirm the full requirements in the official notice before applying.
The current listing shows up to $500,000 or 25% of sale price, whichever is less. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Commercial Property Acquisition Fund is funded by City First Enterprises (in collaboration with DC government partners). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Washington. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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