COMMERCIAL PROPERTY ACQUISITION FUND

About this funding opportunity

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Listen Commercial Property Acquisition Fund

STATUS: OPEN

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 cpaf@cfenterprises.org.

Frequently Asked Questions (FAQs)")

Commercial Property Acquisition Fund Application

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Topic areas: Housing and Community Development, Public Policy and Governance, Social Innovation and Community Development, Smart Cities.

Funding amount

This grant provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• Not specified by the program.

Eligibility

The program did not publish a separate eligibility statement. See the official opportunity page for the full eligibility criteria.

Agency

COMMERCIAL PROPERTY ACQUISITION FUND is administered by DC Office of the Deputy Mayor for Planning and Economic Development (DMPED), listed via DC Office of the Deputy Mayor for Planning and Economic Development.