Please join us for an informational webinar about the Nonprofit Sustainability Initiative and the application process.
Community Vision announces the availability of acquisition and lease stabilization grants to help nonprofits finance commercial real estate acquisition projects that create newly nonprofit-owned spaces.
Acquisition Grants can fund up to 25% of the property’s purchase price ($1 million maximum). In the current funding round, up to $2 million will be available for distribution.
Lease Stabilization Grants may be used for professional services (architectural, engineering, legal); rent stipend; lease renewal expenses, moving expenses; tenant improvements; furnishings, fixtures, and equipment (FF&E), and staffing expenses related to the commercial real estate project. In the current funding round, $500,000 will be available for distribution.
Applications are due by 12 pm PST on Friday, January 28, 2022.
For more information, please visit communityvisionca.org/sfsustainability