CDF launches five grants and loans products designed to support local residents, businesses and developers expand and invest in the Rainier Valley . Below is a list of five programs designed to help you contribute to the economic growth of southeast Seattle.

Business Expansion and Incentive Loan
The purpose of this loan product is to encourage credit worthy business borrowers to start-up a Rainier Valley business, upgrade or expand an existing business, or to relocate a business to the Rainier Valley.

Real Estate Financing Loan
This loan product provides gap financing for real estate development projects in the CDF Investment Area.  It fills a gap in available subordinate debt, and offers a low interest rate.

Site Assembly Loan
The Site Assembly loan product fills a market gap by easing the carrying costs of land acquisition during the site assembly and pre-development phases of a development project. The CDF will lend money to a developer to acquire a development site, and the loan payments will be interest-only for the term of the loan.

Site Assembly Interest Subsidy Loan
This product is designed to help only non-profit developers carry the high costs of acquiring and assembling land in the Rainier Valley by providing a low-cost source of funds to pay interest costs on a site acquisition loan.

Please contact us today if you might be interested in one of these loans at 206-722-5280.