Enterprise's Danielle Hammann and Matthew Singh discuss the origins of the Equitable Upward Mobility Fund and how they hope it will ultimately improve lives and communities.
Despite their real estate know-how, community insights, and cultural competence, housing developers of color have faced unparalleled obstacles accessing capital due to decades of systemic racism in housing. As a direct response to this systematic inequity, Enterprise launched Equitable Path Forward, a five-year, $3.5 billion initiative to build on our commitment to advance racial equity in the housing industry.
Enterprise’s Equitable Path Forward reached its $350 million Growth Fund goal in just one year, enabling investment in affordable housing providers of color nationwide.