The ability for smaller, community-rooted developers to help shape and increase access to affordable housing in rapidly developing cities remains hampered by the fact these individuals remain underrepresented in the real estate development industry. Factors contributing to this disparity are grouped into four broad categories:
In an effort to support developers to learn the skills and build the networks necessary to succeed, we are partnering with Amazon to launch the Housing Accelerator Fellowship (HAF) in the Washington, D.C. Metropolitan area. This initiative support our organizations’ shared goals of facilitating new opportunities for real estate developers while also increasing affordable and workforce housing across the region. With a focus on individuals who are dedicated to real estate development as a career path, as well as an interest in affordable housing, the fellowship includes:
The HAF program builds on Capital Impact Partners’ successful EDI training program for emerging real estate developers across the country.
Interested in participating in the Housing Accelerator Fellowship? Fill out our inquiry form to receive updates on our upcoming HAF cohorts. Fill out form
The Housing Accelerator Fellowship is not an introductory program. Candidates are expected to have real estate development experience and are selected based on the following eligibility criteria guidelines:
Through the monthly learning series, network connections, and technical assistance, the fellowship has facilitated the growth of several real estate development enterprises. Moreover, the ability to access project grants has led to an increase in the production and availability of affordable homes for families and working professionals across the greater Washington, D.C. Metropolitan region.
The impact of the Housing Accelerator Fellowship as of January 1, 2024 includes:
Housing Accelerator Fellowship cohorts represent a group of individuals with a range of backgrounds and experience. We invite you to learn more about them by downloading the fact sheets below.
Launched in 2021, this fellowship is part of Amazon’s Housing Fund, a $2 billion commitment to create and preserve 20,000 affordable homes.
developer_inquiry@capitalimpact.org
As a mission-driven organization, we are committed to supporting projects that create social and economic justice.
In this video, president and CEO Ellis Carr talks about Momentus Capital’s efforts to utilize mission-driven financing, social innovation programs, capacity building, and impact investing, to support community and economic development.
Watch video
It was a dark day when Ronnie Jamison and his neighbors learned that their apartment building was sold, and they may be forced to leave. Working together, they turned to a local law called “TOPA” to help them remain. They just needed assistance from a buyer — and a lender.
Continue reading
When two EDI graduates had a vision for revitalizing a Washington, D.C. neighborhood and creating affordable housing, they turned to Capital Impact Partners to help jumpstart their project.
