Thank you for your interest in Capital Impact Partners’ Washington D.C. Equitable Development Initiative (EDI).
Capital Impact Partners has developed EDI for the Washington D.C. region to better ensure that the pool of real estate developers in the region truly reflects the city’s diversity and that minority real estate developers are able to participate in the myriad revitalization efforts currently taking place in the Washington Metropolitan area. Modeled on our successful EDI program in Detroit, the D.C. EDI program promotes, supports, and invests in equitable real estate development, both in the development process and in its results. Capital Impact Partners believes that communities of color have a right to benefit from and be able to participate in growing prosperity while preserving community history and culture. To that end, Capital Impact Partners believes that real estate developers of various incomes, races, and ethnicities should participate in and benefit from the real estate development industry in the D.C. region.
By targeting flexible capital and capacity building tools to minority developers, Capital Impact Partners seeks to reduce their barriers to entry, strengthen minority development business enterprises, and promote equitable community development, particularly affordable housing for communities of color.
By completing this application, applicants are expressing their interest in participating in a program offering training, mentorship, and one-on-one support from September 2019 - April 2020 that seeks to increase knowledge of and capacity to work within the region’s development landscape. EDI could also help further participants’ specific condo/townhouse/multifamily/mixed-use real estate development efforts in the Washington, D.C. Metro area.
Applicants will need to answer all questions within the application. The Submittable platform allows applications to save their application and log back in to complete the remaining questions at a later time. Please submit your responses, including an updated résumé or CV, by July 31st, 2019, 11:59 pm. We look forward to reviewing your submissions.