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COLUMBIA, Md. and LOS GATOS, Calif., Dec. 14, 2020 /PRNewswire/ Enterprise Community Partners ( Enterprise ) and Netflix, Inc. today announced Netflix s $25 million commitment in Equitable Path Forward, Enterprise s new five-year, $3.5 billion nationwide initiative to help dismantle the deeply-rooted legacy of racism in housing – from the types of homes that are built, where they re built, who builds them, and the wealth that is generated from them.
The multipronged initiative establishes an equitable path forward for Black, Indigenous, and People of Color ( BIPOC ) and other historically marginalized housing providers by: filling the gaping capital gap from decades of systemic racism; strengthening providers through advisory services and other support; and creating new career pathways to diversify leadership in real estate.