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Office of the Deputy Mayor for Planning and Economic Development

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Commercial Property Acquisition Fund

The Commercial Property Acquisition Fund provides eligible businesses with down payment assistance of up to $750,000 or 25% of the sale price, whichever is less, for the acquisition of commercial property in the District. Businesses must be eligible to be an equity impact enterprise. An equity impact enterprise is a resident-owned, small business that it is at least 51% owned by an individual who is, or a majority number of individuals who are economically disadvantaged or have been subjected to racial or ethnic prejudice or cultural bias. Businesses must also complete a mandatory training program in order to apply for the Fund.


DMPED is partnering with City First Enterprises to administer the Commercial Property Acquisition Fund. For all inquiries related to the Fund, contact: [email protected].