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Capital Impact Partners Launches $20 million Diversity in Development Loan Fund and Grant Program in Washington, D.C. to Support Real Estate Developers of Color

Capital Impact Partners Launches $20 million Diversity in Development Loan Fund and Grant Program in Washington, D.C. to Support Real Estate Developers of Color
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Breakfast links: How Virginia became a rising passenger rail star

Breakfast links: How Virginia became a rising passenger rail star
ggwash.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggwash.org Daily Mail and Mail on Sunday newspapers.

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How can DC fix its rental market post-pandemic? A strike force had some ideas.

A housing strike force released a report this month laying out its recommendations for helping DC’s rental housing market recover after more than a year of the COVID-19 pandemic.
The strike force, chaired by Department of Housing and Community Development Director Polly Donaldson, kicked off in February and met a handful of times before releasing its final report on May 21.
Bowser convened the strike force to address rental housing affordability challenges that began years ago but were exacerbated by the pandemic. Unemployment meant renters couldn’t pay; shifts in the housing market left some units vacant; and, according to the report, many see helping rental housing recover as a “zero-sum game” that can either protect tenants or landlords, but not both. ....

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Capital Impact Partners Awarded $1 million to Manage the Newly Created Nourish D.C. Fund by Mayor Muriel Bowser

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ARLINGTON, Va., May 6, 2021 /PRNewswire/ Washington, D.C. Mayor Muriel Bowser awarded Capital Impact Partners $1 million to manage the newly announced Nourish D.C. Fund. This fund, part of the $5.2 million D.C. Local Equity, Access, and Preservation Funds (D.C. LEAF) program, aims to support a robust ecosystem of locally owned food businesses in District neighborhoods by investing in BIPOC-owned businesses that otherwise struggle to access capital and also promotes health equity in the city.
We invest in local businesses because they are the backbone of our economy, they are trusted and valued community partners, and they represent the dreams and aspirations of our residents, said Mayor Bowser. We are proud to support entrepreneurs that step up to help us build a more inclusive and diverse economy, and these LEAF grants represent a $5 million investment in our D.C. values. ....

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Berkeley officials consider controversial real estate proposal - San Francisco Business Times

Berkeley officials consider controversial real estate proposal - San Francisco Business Times
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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