Eligible: Businesses, Nonprofits, Tribes

Apply by Apr 28, 2026

Active

$1 - $1,000,000

Equitable Access to Credit Grant Program

From WA Department of Commerce

WA Department of Commerce is seeking applications to the Equitable Access to Credit Program - a tax credit program that generates funds for grants to qualified lending institutions. These grants, funded through contributions in exchange for Business & Occupation (B & O) tax credit, are dedicated to providing access to credit for historically underserved communities. The program’s goal is to encourage investment in small, rural, and underserved businesses to boost community and economic development in Washington.

  • Overview

    • Type

      Request For Proposal

    • Title

      Equitable Access to Credit Grant Program

    • Source

      WA Department of Commerce

    • Federal or State

      State

    • Total Amount

      $8,000,000

    • Number of Awards

      Unknown

    • Award Range

      $1 - $1,000,000

    • Cost Share

      No

    • Status

      Active

  • Eligibility

    • Audience

      Businesses, Nonprofits, Tribes

    • Sector

      Climate, Environmental Justice, Resilience

    • Activity

      Financial Help

    • Eligibility

      Eligible Entities

      • Private entities
      • Nonprofit entities
      • Tribal entities
      • Public entities

      Eligible Activities

      • Provide access to credit
      • Offer technical assistance services
      • Small business training
      • Loans and investments to eligible borrowers
    • Location

      WA

  • Application Process

    • Pre-Application?

      No

    • Requirements

      Applicants must:

      • Be recognized by the United States Department of the Treasury as an emerging community development financial institution (CDFI) or a certified CDFI or be registered as a tax-exempt nonprofit organization
      • Demonstrate a history of lending in Washington

    • Disbursement Method

      Tax Credit

  • Important Dates

    • Application Close Date

      Apr 28, 2026

    • Application Close Time

      5:00 PM PST

  • Have a general question?

    Get answers to frequently asked questions (FAQ) about funding.

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