The Rainier Valley Community Development Fund was created in 1999 to assist business along the MLK corridor weather the inevitable disruptions from construction of Seattle’s new light rail line. Due in part to more than $15 million in mitigation funds we provided, 85% of pre-construction businesses are still around today.

Building on this early success, we continue to spur economic development in the Rainier Valley by offering technical assistance and loans with flexible terms and affordable interest rates.