New CRP funding opportunities for organizations and tribes expanding homeownership

Commerce’s Community Reinvestment Program (CRP) is now accepting applications from organizations, lenders and tribes to assist people disproportionally experiencing wealth disparities with buying homes and building generational wealth.

Funding will support expanding affordable homeownership opportunities, including:

  • Land acquisition loan programs
  • Culturally responsive financial coaching
  • Capacity building for emerging community-based housing organizations
  • Foreclosure remediation for people who own and live in their home
  • Upgrades to homes that people own and live in that address health and safety needs
  • Flexible mortgage products that help buyers become mortgage-ready faster
  • Loan programs to create accessory dwelling units (ADU) or detached accessory dwelling units (DADU)

Applications are due on March 16, 2026.

Additional resources