Let’s Build Accelerator: Equity through Equity
We bring the strength of our full platform and team to structure mutually beneficial partnerships on projects that make a difference. Together, we can make more community visions a reality.
LET’S BUILD ACCELERATOR is a joint development model between us and BIPOC, community, and faith-based developers who bring their perspectives to projects in the Mid-Atlantic.
The LET’S BUILD ACCELERATOR is grounded in three core principles:
Partnerships. Capital. Training.
PARTNERSHIPS
We tailor the program to each developer’s and project’s specific needs, and where the resulting partnership best positions all for success.
CAPITAL
We use our position as a leading Mid-Atlantic non-profit affordable housing provider to secure the financial resources to push projects forward. Included within our resource toolbox is our Let’s Build Accelerator Fund - a $5 million initial investment to provide partners with the equity capital needed to secure an ownership stake in projects
TRAINING
One of the best ways to learn is by doing. Joint venture partners will have a chance to work side-by-side with our team from planning to completion. This will involve exposure and engagement with key personnel from pro forma modelers to architects to construction managers. Partners will also have opportunities to strengthen technical skills throughout the planning, design, construction and operation phases of real estate.
Who is an ideal partner?
BIPOC developers with a potential deal and experience as the lead on real estate deals
Community focused development entities with potential deals who have demonstrated the ability to execute projects in their community
Faith-based organizations that own land they would like to develop into affordable, workforce, or senior housing
What we bring to the table
Partner Equity
We will provide the necessary equity on behalf of development partners, starting with an initial $5 million capital investment.
Development Capacity
More than 30 years of development history and institutional knowledge leading projects from concept to completion.
Network
As one of the ten largest non-profit affordable housing providers in the country, we have a vast network of vendors and service providers.
Guided by Our Mission
We are a non-profit on a mission to re-imagine our industry and the impact it can make in communities and on those who steward them.
What an ideal project looks like
Affordable Housing
Traditional affordable housing projects utilizing 4% and 9% Tax Credits
Mixed-Use
Multi-family projects with needed community services
Homeownership
Small to medium scale homeownership development projects
Multi-Family
Mixed-Income, senior and market-rate developments
