REQUEST FOR APPLICATIONS (RFA)
Release Date: Friday, July 24, 2020
RFA ID #: DMPED – NPF20
Submission Deadline: Thursday, August 13, 2020
Please note that all applications must be submitted electronically. Incomplete applications or those submitted after the deadline will not be accepted.
The Office of the Deputy Mayor for Planning and Economic Development (DMPED) invites the submission of proposals for the Neighborhood Prosperity Fund (NPF) pursuant the Neighborhood Property Initiative Act of 2018" effective Oct 30, 2018 (D.C Law 22-168; DC Official Code § 2–1210.71).
In the DC Economic Strategy, the administration’s vision is to become the “global model for inclusive prosperity,” and is guided by two measurable goals. One of the two goals is to reduce unemployment across wards, races and educational attainment levels. NPF incentivizes community development, economic growth, and job creation through the use of local funds to provide financing for projects that attract private investment to distressed communities. The Office of the Deputy Mayor for Planning and Economic Development welcomes submissions of proposals aimed at accomplishing these outcomes. DMPED will fund projects for non-residential components of a mixed-use project in targeted census tracts greater than 10% unemployment. The grant provides necessary funding only for the commercial component of development projects.
Available Funds: A maximum of $3 million is available for application toward mixed-user real estate projects in targeted census tracts.
Projects must be within the statutory boundaries of the Neighborhood Prosperity Fund (see at http://arcg.is/OLz80).
Submission Details: Please submit your proposal electronically from where there will be a link to apply for the grant. The RFA can also be downloaded from DMPED’s website: https://dmped.dc.gov/service/grantopportunities.
Apply Here: Online Application https://www.GrantRequest.com/SID_5501?SA=SNA&FID=35085
Questions may be sent to Sandra Villarreal, Grants Manager at the Deputy Mayor for Planning and Economic Development at dmped.gran[email protected] or 202-727-6365.