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Up in the Air and Hitting the Road: The 14 Developments in The Works for Ward 7

Up in the Air and Hitting the Road: The 14 Developments in The Works for Ward 7
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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
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Capital Impact Partners Awarded $1 million to Manage the Newly Created Nourish D C Fund by Mayor Muriel Bowser

Share this article Share this article 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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