Propmodo has published an article, “Communities Work to Create Lasting Affordability Through Local Development,” highlighting the success of the innovative Growing Diverse Housing Developers initiative. The program is a partnership of LIIF and two other CDFIs, Capital Impact Partners and Reinvestment Fund, and is powered by a $30 million investment by Wells Fargo.
Read the Propmodo article.
In addition to the growth of community developers, there have been efforts to increase diversity in the development space, especially in affordable housing development.
Propmodo article