Opportunities

Field Order 15 Fund

A reparative lending program from HomeSight and Black Home Initiative to help Black developers build affordable homes

Nearly 160 years after Civil War General Sherman issued Special Field Order 15, the fund will facilitate the building of more homes for sale — and help close the racial wealth divide.

HomeSight and Black Home Initiative understand how the affordable housing shortage has impacted the community, and using a community-centric approach, we aim to empower Black developers to help reach the state’s affordable housing construction goals.

By strategically empowering Black developers, the Field Order 15 Fund offers a grassroots approach to solving the affordable housing shortage and the racial homeownership and wealth gaps in Western Washington. 

The Field Order 15 Fund assists Black developers who are building affordable homes in the communities that need these resources most. It provides capital for project planning, eligibility for low-interest lending, and technical support. 

Interested in learning more about the Field Order 15 Fund? Visit HomeSight for more information and program details.