In partnership with the City of Seattle Office of Housing, Enterprise is pleased to announce the Affordable Housing Grant Program.
Donor Name: Enterprise Community Partners
State: Washington
City: Seattle
Type of Grant: Grant | Reimbursement
Deadline: 05/02/2025
Size of the Grant: $100,000 to $500,000
Grant Duration: Less than 1 Year
Details:
The program intends to increase organizational and financial capacity through funding, training, and technical assistance of Community Based Organizations that are sustaining and strengthening their commitment to affordable housing development, preservation, and stewardship. This Grant Program will provide education, training, technical assistance, capacity building, access to working capital, connections to other developers and potential partners, and other services to CBOs with the ultimate goal of promoting better housing outcomes for Seattle residents.
Funding Priorities
- Organizations that primarily serve and meaningfully represent the interests of vulnerable and low-income communities who have been negatively impacted by historic and ongoing discriminatory housing practices.
- Non-profit organizations that are culturally relevant and historically rooted, that seek to advance equitable development goals and/or address displacement, particularly when the proposed programming or project site is in an area associated with a high risk for displacement.
- Organizations with annual organizational housing revenue below $8 million.
Funding Information
The program funding will be distributed through grants of up to $250,000 per organization. Each grant award will be scoped with consideration for the applicant’s organizational needs and funding requests, as well as the availability of funds and program priorities. Eligible costs in this grant program include:
- Project specific predevelopment expenses such as 3rd party site feasibility due diligence reports
- Trainings (examples include real estate development finance, Fair Housing, board development, operations budgeting, property and asset management.)
- Working capital
- Capacity building and technical assistance
- Approved consultants and partnership fees
- Other activities related to launching the acquisition and/or development of affordable housing.
Grant Period
In addition to receiving a reimbursement-based grant, awardees will engage in a 6-month program of customized technical assistance and training. June 2nd through December 31st, 2025.
Eligibility Criteria
To be considered for this opportunity, organizations must submit a complete application and meet the following eligibility criteria:
- Organizations must be a Community-Based Organization (CBO) or Community Development Corporation (CDC) located and active in the City of Seattle.
- Proposed grant activities must take place in Seattle.
- Organizations must be a registered entity in good standing within their state of incorporation.
- Organizations must have a documented organizational mission and/or Board intent to own and operate and/or develop and/or steward permanently affordable housing.
- For the purposes of this grant program, board intent may be established by a resolution, if not explicitly recorded in the mission statement.
- Organizations may already have experience developing and managing an affordable housing portfolio or may have an organizational intent to expand their work to include these activities.
- Applicant organizations may own property or prospective sites for future housing development, but this is not a requirement for eligibility.
- Proposals may be centered around a specific development project, or an organizational capacity need independent of a specific site or project.
For more information, visit Enterprise.
