Neighborhood Prosperity Fund (NPF) from the Economic Development Special Account pursuant to DC Official Code §2-1225.21.
The Deputy Mayor for Planning and Economic Development (DMPED) invites the submission of proposals for the FY20 Neighborhood Prosperity Fund (NPF). DMPED will award up to maximum of $3 million in FY20 to grantees under this program. The application deadline is Thursday, August 13, 2020 at 12:00 noon EST.
As the impacts of the coronavirus (COVID-19) pandemic continue to expand, businesses are struggling to adapt to new ways of life along with the ability to continue normal operations – especially with construction projects and overall capital expenditure programs. The Office of the Deputy Mayor for Planning and Economic Development welcomes submissions directly connected to this goal. DMPED will fund non-residential components of a mixed-use real estate project or retail development project in targeted Census tracts where unemployment is 10% or greater. A map of these targeted Census tracts can be found http://arcg.is/OLz80.
The grant provides necessary funding only for the commercial component of development projects. DMPED will award 1 or more grants for an aggregate total of $3,000,000.00.
Apply Here - Online Application: https://www.GrantRequest.com/SID_5501?SA=SNA&FID=35085
Please note that all applications must be submitted electronically. Incomplete applications or those submitted after the deadline will not be accepted.