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Office of the Deputy Mayor for Planning and Economic Development

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Neighborhood Prosperity Fund (NPF)

Neighborhood Prosperity Fund (NPF) incentivizes community development, economic growth, and job creation by providing gap financing for projects that attract private investment to distressed communities. Grant funds support architectural and engineering costs, construction costs, tenant improvements, historical preservation building improvements to maintain compliance with applicable laws, development analysis, rent abatement and/or tenant concessions for up to 3 years to stabilize market rent. Projects must be located within the Neighborhood Prosperity Fund boundary.


Opened: January 26, 2024 
Closed: March 29, 2024 

FY24 Grant and Grow Video - Neighborhood Prosperity Fund
Tuesday, February 13, 2024

 Is your project located in the Neighborhood Prosperity Fund boundary? Enter your project address in the interactive mapping tool to verify.

Point of Contact
DMPED Grants Team
Phone: (202) 727-6365
Email: [email protected]