The Nonprofit Space Stabilization Program (NSSP), a program of the Nonprofit Sustainability Initiative (NSI), has awarded $1.5 million in financial assistance to support organizations that are facing permanent displacement, or have been previously displaced with lease renewals at significantly higher rates, or are facing barriers to growth due to real estate constraints.Organizations expanding into new sites may be eligible to apply.
Before completing this application, please read the "Program Guidelines" document at www.communityvisionca.org/sfsustainability for program eligibility requirements.
Financial assistance may be used for professional services (architectural, engineering, legal); rent stipend; moving expenses; holding costs, tenant improvements; furniture, fixtures, and equipment, and staffing expenses related to the real estate project. We anticipate that a minimum $500,000 will be available for distribution in this round.
Fully executed letter of intent with lease terms, fully executed lease or accepted purchase offer is required. Past leases and purchases must have commenced since September 1, 2018.
Applications must be received by Noon (12:00 PM) on October 1, 2019 to be considered for Financial Assistance awards. Applications submitted after Noon (12:00 PM) or deemed incomplete will not be accepted and the application will be shut down.
Community Vision encourages applicants to submit their applications before the October 1st deadline so that any technical problems that arise can be resolved before the deadline.
The target date for award notification is December 2, 2019.
For technical assistance using this application, please contact Karen Sullivan, Managing Real Estate Consultant at firstname.lastname@example.org.