Wacif Receives $1,500,000 Competitive Grant from Wells Fargo

Washington, D.C. (July 6, 2021) – The Washington Area Community Investment Fund, Inc. (Wacif) announced today that it was awarded $1,500,000 from Wells Fargo to launch the Greater Washington Small Business Resilience Center. The grant is made possible through Wells Fargo’s Open for Business Fund, a roughly $420 million small business recovery effort across the…

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Wacif Receives $1,800,000 National CDFI Fund Award

Washington, D.C. (June 17, 2021) – The Washington Area Community Investment Fund, Inc. (Wacif) announced today that it was awarded, for the fourth consecutive year, funding from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. This year, Wacif was awarded $1,826,265 through the CDFI Fund’s Rapid Response Program (RRP), the largest…

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Second Round of D.C. Co-op Impact Grant Supports Region’s Cooperatives

Washington, D.C./Arlington, VA (June 8, 2021) – The Washington Area Community Investment Fund (Wacif) and Capital Impact Partners today announced $40,000 in grant awards to four existing and emerging cooperatively owned businesses operated by people of color and/or workers living with low wages through the D.C. Co-op Impact Grant. In its second year, the grant…

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Wacif and OSSE Announce Second Round of D.C. Child Care Provider Relief Fund

Washington, D.C. (May 25, 2021) – The Washington Area Community Investment Fund (Wacif) has joined D.C. Office of the State Superintendent of Education (OSSE), the state education agency for Washington, D.C., to launch the second round of the D.C. Child Care Provider Relief Fund (the Fund). The $10.7 million fund provides direct, emergency grant relief funding…

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2021 Restaurant Revitalization Fund

The Restaurant Revitalization Fund (RRF) was signed into law by President Joe Biden and set aside $28.6 billion for the food service industry. The SBA is now accepting applications, and we anticipate the funding will go fast. What you need to know: Between Monday, May 4th and Monday, May 24th, the SBA will accept applications from…

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Wacif Announces Official Launch of the Enterprising Women of Color District, Maryland, Virginia (DMV) Business Center

Washington, D.C. (March 11, 2021) – The Washington Area Community Investment Fund (Wacif) today announced the official launch of the Enterprising Women of Color District, Maryland, Virginia (DMV) Business Center (Center), in partnership with the U.S. Department of Commerce’s Minority Business Development Agency (MBDA). The Center builds on Wacif’s three decades of experience investing in women of color business owners, with access to capital, technical assistance, and partnership opportunities. Led…

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