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Netflix donates to housing equality initiative | National Mortgage News

Netflix donates to housing equality initiative | National Mortgage News
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Netflix Invests $25 Million To End Racial Housing Inequity For BIPOC

Previously,
BLACK ENTERPRISE reported on Netflix’s multi-million dollar investment in initiatives geared towards racial equity and wealth within the Black community, which was sparked by a conversation on race relations that were brought about by the protests against racial injustice. Now, the streaming giant partnered with Enterprise Community Partners to help end the racial housing gap for BIPOC families.
Enterprise unveiled its new Equitable Path Forward, a five-year $3.5 billion nationwide initiative in partnership with Netflix to help dismantle the legacy of racism in the housing market and help more marginalized groups become homeowners to create more generational wealth.
“Our vision is nothing short of dismantling the legacy of racism in housing. By investing in these housing providers who are on the ground and engaged with their communities, Equitable Path Forward will lead to a new and needed level of responsiveness, investment, and equity in the communit ....

Shannon Alwyn , Priscilla Almodovar , Enterprise Community Partners , Equitable Path Forward , Netflix Treasury Director Shannon Alwyn , ஶ்யாநந் அல்வின் , ப்ரிஸில அல்மோடோவர் , நிறுவன சமூக கூட்டாளர்கள் , சமமான பாதை முன்னோக்கி , நெட்ஃபிக்ஸ் கருவூலம் இயக்குனர் ஶ்யாநந் அல்வின் ,

Netflix gives $25M to ending racism in housing

Streaming behemoth Netflix is giving $25 million to a
national effort to combat systemic racism in housing.
Enterprise Community Partners, the non-profit founded by
developer James Wilson Rouse in the 80s to build and finance affordable homes,
announced Netflix has committed the cash to its Equitable Path Forward program.
The five-year, $3.5 billion nationwide initiative aims to
help dismantle the 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 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. ....

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Enterprise Community Partners Announces $3.5 Billion "Equitable Path Forward" Initiative to Counter Racial Inequities Rooted in Housing

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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. ....

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