Applications open for Commercial Affordability Pilot – Due September 26

Communities of Opportunity (COO) is seeking proposals from organizations to address the barriers small businesses in our community are facing due to rapid economic growth in our region. The Commercial Affordability Pilot program will develop models and tools for small businesses with a specific focus on areas of King County that are part of COO place-based and cultural communities.

Small businesses are integral to the economic fabric of King County, but the current period of rapid economic growth threatens to displace these businesses. These businesses are critical for the vibrancy of our communities and as places of employment. Many are experiencing higher rent prices for commercial space, low vacancy rates,  and inequitable access to small business loans.

This Request for Proposal is open to organizations with expertise in approaches to increase community ownership and slow the displacement of businesses.  Team applications are strongly encouraged. The most competitive teams will include a partnership with a Community Development Financial Institution (CDFI), community and neighborhood development organization or investment organizations.

You can access the RFP here  Using a keyword search box,  search for: Communities of Opportunity or RFP number: 1211-19-VLN

Information sessions:

Webinar
Tuesday, August 27, 2019 at 3:00 pm
Call-in number 206.263.8114
Enter conference ID: 6923351

In person
Thursday, September 5, 2019 at 1:30 pm
King County Chinook Building,
Conference Room 118
401 5th Avenue,
Seattle, WA 98104

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