REQUEST FOR APPLICATIONS
FY2017 Neighborhood Prosperity Fund (NPF)
RFA Release Date: Friday, May 5, 2017
Submission Deadline: Wednesday, June 14, 2017 at 12:00PM (The deadline has been extended, see Technical Amendment below)
The Office of the Deputy Mayor for Planning and Economic Development (DMPED) invites the submission of applications (RFA) for the Neighborhood Prosperity Fund (NPF) from the Economic Development Special Account pursuant to DC Official Code §2-1225.21.
The Mayor's recently-released Economic Strategy sets a vision for DC to become the global model for inclusive prosperity. The strategy is guided by two measurable primary goals, one of which is to reduce unemployment across wards, races, and educational attainment levels to rates below 10% in all segments by the end of 2021.
The Office of the Deputy Mayor for Planning and Economic Development welcome submissions directly connected this this goal. DMPED will fund projects to fill the gaps in non-residential components of a mixed used project, real estate, or retail development project in targeted census tracts where unemployment is 10% or greater. A map of these areas can be found at http://arcg.is/OLz80
The grant provides necessary gap funding only for the commercial component of development projects.
Available funds: Up to $3 million dollars is available for catalyzing mixed-used, real estate or retail development projects in targeted census tracts.
Funding availability is dependent on the total projected costs of the selected project. For example, one project may be selected for the full amount available grant funds based on scale and impact. DMPED will award zero to three grants for an aggregate total of $3 million dollars.
Minimum application request is $500,000.
All applications must be submitted electronically. Use the following link https://www.GrantRequest.com/SID_5501?SA=SNA&FID=35018
On May 18, 2017 and May 24, 2017 from 1:00PM to 2:00PM, DMPED held a "Live Chat" for you to ask your application and eligibility requirement questions for the NPF. If you missed it, here's a recap of both chats. Neighborhood Prosperity Fund (NPF) Live Chat