Dr. Gina Merritt, at the helm of Northern Real Estate Urban Ventures, is a participant in two of LIIF’s innovative programs: Growing Diverse Housing Developers (GDHD); and the Black Developer Capital Initiative (BDCI). Both of these partnerships were made possible via LIIF forging strong relationships with mission-aligned partners/funders looking to offer access to capital in historically excluded communities.
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In the last two years, she [Dr. Gina Merritt] has been selected to be part of Wells Fargo’s Growing Diverse Housing Developers, a four-year program that will help 39 developers grow their businesses and overcome systemic barriers created by generations of racism and disinvestment; and the Black Developer Capital Initiative led by the Low Income Investment Fund (LIIF) and National Affordable Housing Trust.
I95 Business article