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Funding Opportunities for Tacoma Businesses

Rayjaun Stelly

Take up the Cause

  • Program Description: Offers credit paydown in collaboration with HomeSight, expansion of housing programs, financial literacy workshops, and community outreach.

  • Funding Type: Credit paydown.

  • Areas Served: Spokane.

  • Contact Person: Chauncey Jones, (509) 768-7422, takeupthecause1@gmail.com.

  • Website:http://www.takeupthecausenw.org/

HomeSight

  • Program Description: Provides capital for land acquisition to developers who have completed all pre-development steps in their Field Order 15 program.

  • Funding Type: Capital for developers, down payment assistance.

  • Areas Served: Statewide.

  • Contact Persons:

    • Uche Okezie, (206) 760-4211, uche@homesightwa.org.

    • Cavan McCaffrey, (206) 760-4207, cavan@homesightwa.org.

  • Website:https://www.homesightwa.org/

African American Leadership Forum

  • Program Description: Offers down payment assistance, earnest money grants, and debt consolidation for homeownership loan approval.

  • Funding Type: Down payment assistance, grants, debt consolidation.

  • Areas Served: King and Pierce counties.

  • Contact Person: Dawn Bennett, (347) 581-8021, msdawnbennett@gmail.com.

  • Website: https://www.aalfwa.com/

Centro Cultural Mexicano

  • Program Description: Provides up to 20% equity match, higher down payments, and reduces cost burden by eliminating PMI payments. Offers refinancing options to reduce monthly payments and buy down interest rates.

  • Funding Type: Down payment/closing cost assistance, refinancing options.

  • Areas Served: King, Pierce, Snohomish, and other counties as needed.

  • Contact Person: Shahbaz Yusuf, (425) 215-9890, shahbaz@centroculturalmexicano.org.

  • Website: https://www.centroculturalmexicano.org/

Langston

  • Program Description: Provides microgrants for BIPOC artists, along with mentorship and professional development.

  • Funding Type: Microgrants.

  • Areas Served: King County and anyone who can attend at the location in Seattle.

  • Contact Person: Ebony Arunga, (206) 323-7067, ebony@langstonseattle.org.

  • Website: https://www.langstonseattle.org/

Lummi Indian Business Council

  • Program Description: Offers loans, matched savings, and Journey Acquisition Enhancement programs.

  • Funding Type: Loans, matched savings, Journey Acquisition Enhancement.

  • Areas Served: Lummi Tribe.

  • Contact Person: Teresa Taylor, (360) 312-2454, TeresaT@lummi-nsn.gov.

  • Website: https://www.lummi-nsn.gov/Website.php?PageID=444

Northwest Native Chamber

  • Program Description: Provides capital support to entrepreneurs, primarily for down payment assistance, along with one-on-one technical assistance.

  • Funding Type: Capital support, down payment assistance.

  • Areas Served: Statewide.

  • Contact Persons:

    • Amber Faist, (971) 404-8996, afaist@nwnc.org.

    • Alyssa Camp, (503) 486-2749, acamp@nwnc.org.

  • Website: https://nwnc.org/

Rainier Valley Community Development Fund

  • Program Description: Offers loans for business startups and capacity building, with a portion of these loans being forgivable.

  • Funding Type: Forgivable loans.

  • Areas Served: King County.

  • Contact Person: Paul Pitkin, (206) 618-3761, ppitkin@rvcdf.org.

The City of Tacoma's Community & Economic Development Department invites you to attend one of two Community Reinvestment Project (CRP) Info Sessions to learn about the 2025 CRP grant and loan programs. Register Here: Eventbrite Registration Link