Capital Impact Partners and Amazon Housing Accelerator Fellowship Returns With 14 D.C.-Area Real Estate Developers to Advance Affordable Housing The program, sponsored by a grant from Amazon, supports real estate developers who are focused on bringing more affordable housing to the Washington metropolitan region. July 27, 2026 (Arlington, VA) — Fourteen real estate developers from the Washington, D.C. area have been selected for the third cohort of the Housing Accelerator Fellowship (HAF), a free two-year program created by Amazon and Capital Impact Partners. The Housing Accelerator Fellowship is designed to provide these developers with the training and resources they need to grow their businesses and bring more affordable housing to the region. Participating developers receive: Real estate training with a focus on affordable housing production throughout the D.C.-Maryland-Virginia region Tailored advising and mentorship from other experienced real estate developers and industry professionals Pathways to potential capital that can often prove difficult to raise – used for project expenses such as architectural and engineering costs; permitting, survey, and site-planning fees; market and feasibility studies; and contributions towards equity Access to a rich network of real estate developers in the region The HAF program is led by Capital Impact Partners, a mission-driven Community Development Financial Institution (CDFI) headquartered in Arlington, Virginia. Through this program, Capital Impact Partners has delivered 341 hours of capacity-building and 1:1 technical assistance, resulting in a pipeline of 1,574 affordable housing units representing more than $800 million in total development costs. For its third iteration, Amazon is funding the 18-month program — extending nearly six years of continuous support for the fellowship. Amazon has committed more than $3.6 billion through its housing fund to preserve and create more than 35,000 affordable homes in three communities with high concentrations of employees: the D.C.-Maryland-Virginia region, the Puget Sound region of Washington state, and Nashville, Tennessee. The fund is focused on creating housing developments and preserving existing housing through loans and grants to both non-traditional and traditional housing partners, public agencies, and organizations supporting communities. “This third cohort of developers understands that building affordable housing isn’t just about the physical structures; it is about prioritizing stakeholder benefits and community impact above all else,” said Ellis Carr, president and CEO of Capital Impact Partners and CDC Small Business Finance, both of which are part of the Momentus Capital branded family of organizations. “By combining their vision with the resources of the Housing Accelerator Fellowship, we are creating sustainable avenues for neighborhood stability and long-term success.” “The ongoing success of the Housing Accelerator Fellowship proves the immense value of supporting local, diverse developers,” said KellyAnn Kirkpatrick, the housing grants and partnerships lead at Amazon. “As we welcome this third class, we remain deeply committed to empowering these visionary leaders to preserve and expand affordable housing options throughout the Washington, D.C. area.” Current Participants & Ongoing Impact Housing Accelerator Fellowship participants are experienced real estate developers who have reached a key point in their careers where additional training, mentorship, and potential access to funding can accelerate existing projects and help them to become more established in the field. This third cohort’s participants are: Nicole Earle, Dominion Real Estate Marcus Daniels, Daniels Development Group, LLC Edberg Villard, Villad Group Incorporated Emmanuel Egoegonwa, Cubed Partners Wen-kuni Ceant, VAM Vacations Lester Simpson, Audacity Development Group Genevieve Hanson, H & H Development Group Mohsen Abrisham Kar, DIBA LLC Terrance Williams, Montrose Street, LLC Justin Hill, 314 Capital Investments LLC Amir Boulos, Kitab Development LLC Christopher Miller, Boundary Street Partners LLC April Pradier, 220 12th Place LLC Rey Sully, Sully Development LLC “Joining the Housing Accelerator Fellowship is a transformative opportunity for my firm,” said Rey Sully of Sully Development. “Joining this program provides access to the collaborative network, mentorship, and critical capital pathways needed to scale our development platform and make a lasting, tangible difference for families across the region.” Participants from previous Housing Accelerator Fellowship cohorts have successfully used the program to expand their development portfolios, and through it, Capital Impact Partners has deployed $8,035,000 in catalytic project grants across 38 awards, supporting program fellows during a period of rising costs and constrained access to capital. ### About Capital Impact Partners Capital Impact Partners, part of the Momentus Capital branded family of organizations, is transforming how capital and investments flow into communities to provide people with access to the capital and opportunities they deserve. As one of the nation’s leading mission-driven Community Development Financial Institutions (CDFIs), we help build strong communities and create generational wealth by deploying mission-driven financing, capacity-building programs, and impact investing opportunities. Capital Impact Partners offers flexible financing for catalytic mission-aligned projects in four primary sectors: increasing access to health care, education, affordable housing, and healthy food. In addition, we manage several multi-year initiatives in key regions to support emerging developers, small business owners, cooperatives, and community health enterprises through training, professional networks, access to experts and mentors, and pathways to grants and loan capital. Capital Impact Partners has disbursed more than $3 billion since 1982 to create access to critical social services, grow entrepreneurs, and create quality jobs. Capital Impact Partners’ leadership in delivering financial and social impact has resulted in the organization being rated by S&P Global and Fitch Ratings and recognized by Aeris for its performance. Learn more at capitalimpact.org and momentuscap.org. About Amazon’s Housing Fund Amazon’s housing fund is a $3.6 billion commitment to help create and preserve more than 35,000 affordable homes in the Puget Sound, National Capital, and Nashville regions. The fund provides below-market loans and grants to support projects serving households earning 30% to 80% of area median income, with the majority of developments remaining affordable for 99 years. For more information, visit aboutamazon.com/impact/community/housing-equity. About Momentus Capital The Momentus Capital branded family of organizations refers to the combined operations of Capital Impact Partners and CDC Small Business Finance, as well as their affiliates, Momentus Direct Capital, and Momentus Securities (an SEC-registered broker-dealer, a MSRB-registered municipal advisor, a FINRA-approved municipal advisor and municipal securities broker-dealer, and a FINRA/SIPC member). While each organization under the Momentus Capital brand still operates as a separate entity, its clients now have access to more resources and products. The Momentus Capital branded family of organizations is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We are working to reinvent traditional financial systems by offering a continuum of financial, knowledge, and social capital to help entrepreneurs, community-based organizations, and local leaders at every growth stage to build strong communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology solutions that advance locally-led solutions. Leveraging more than 80 years of combined experience, more than $3 billion in assets under management, and strong community engagement, the Momentus Capital branded family of organizations has delivered $24 billion in financing, created and preserved 298,000 jobs, and served 14,350 small businesses and 6 million people across our history. With headquarters in Arlington, Virginia, and San Diego, California, Momentus Capital operates nationally with a focus on larger urban areas and cities in Arizona, California, Georgia, Michigan, Nevada, New York, Texas, and the Washington D.C. metro area. Learn more at momentuscap.org. Top
