Grant Help

[Joseph King]

Good evening, I am wondering are there any grants out there for small business start ups, multifamily investing and yes i hate to pull this card, but if its there why no but minorities. If so could you point me in the right direction, I haven't been able to find anything on grants.gov. These funds would be used for down payments and purchase of multifamily and apartments.

[Diane Trotter]

I grew up in the Central High School Historic District in Little Rock.  There are grants for people who are first time homebuyers and possible residents of the revitalization zones.  I don't know if a multifamily dwelling would qualify because the tenants are not stakeholders and usually move on rather than invest in the community.

If you purchase a historic building, you can get a grant to restore it but you are limited in what you can do to it and with it.