Capital Impact Partners Welcomes 15 Local Developers of Color into New Accelerator Program
of Color into New Accelerator Program
Equity Fund and will support real estate developers of color
focused on bringing more affordable housing to the Washington
Fellowship. The group consists of 15 of the region’s emerging real estate developers of color.
the Puget Sound region of Washington state; and Nashville, Tennessee. The Fund also strives to support minority-led organizations to help them build a more inclusive solution to the affordable housing crisis, which disproportionately affects communities of color.
A Diverse Mix of Developers
are already creating and preserving affordable homes in the
metropolitan D.C., Maryland and Virginia region:
Christopher Agorsor, New World Developers
Alexsis Blakely, Rosewood Strategies LLC
Odis Bledsoe, Home Answers Construction & Development
Tremayne Cobb, TOC Enterprises, LLC
Howard Ervin, Parallax Development Group, LLC
Dabrielle Goodwin, Eluvial Enterprise Inc.
Forest Hayes, Miller Beach Development LLC
Thomas Houston, Medici Road
Ayesha Johnson, A-Peace, LLC
Raymond Nix, Nix Development Company, LLC
Chi Perrus, Paragon Construction Group, Inc.
Valerie Sanderlin, FocusWorks LLC
Jason Saunders, BHI
Construction and Real Estate Development
Ronette Slamin, Embolden Real Estate, LLC
Ernest Williams III, Wiltrust Group LLC
Bios for the 15 developers are available here.
“The level of talent and the desire to support affordable housing initiatives that we have seen through this program so far are energizing,” said Catherine Buell, director of the Amazon
Housing Equity Fund. “Bringing more diverse voices, ideas and perspectives into the conversation around inclusive community building is how we are going to make the most meaningful and lasting change to affordable housing.”
Capital Impact Partners’ Housing Equity Accelerator
Fellowship is a free, two-year, part-time professional development
and career advancement program. It provides:
Inclusive Solutions The Housing Equity Accelerator Fellowship expands on Capital Impact Partners’ Equitable Development Initiative, which was started in 2018 to support emerging developers of color to participate in real estate development in their regions.
Capital Impact Partners’ Equitable Development Initiative
(EDI), which has trained, or is training, nearly 200 developers
of color since 2018 in Detroit; the Washington metropolitan
area; and the San Francisco Bay Area. Many participants
in those three regions have since gone on to create their own
organizations, build local developments, and foster peerto-
peer networks. Capital Impact also launched the EDI in
Dallas on April 7.
Real Estate Development Association.
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