Specifications include, but are not limited to: The Washington State Department of Commerce has a new way to help people and businesses through the Community Reinvestment Project (CRP). It’s called the Blended Capital Enhancement grant, and it aims to support by-and-for lending agencies, businesses, and organizations reduce wealth disparities within Black, Latine, and tribal communities through asset building. This program will help fund programs that: Make it easier for people to buy a home. Provide grants and loans for small businesses and entrepreneurs. Money management training Fund training and support for small businesses. Assist with buying commercial property, business assets, and vehicles. Help people reduce debt and save more using matching funds. The goal of this grant is to make it easier for Black, Latine, and tribal communities to get financial support from local organizations and businesses in their community.
