Equity in Action: Empowering BIPOC Developers through the RACE Initiative
Fri, May 10
|Virtual Event
Discover how the RACE Initiative is breaking barriers for BIPOC developers in the housing industry. Join us to explore transformative strategies that empower equity and enhance community development.
Time & Location
May 10, 2024, 2:30 PM – 3:30 PM
Virtual Event
About the Event
Join us for a pivotal webinar as part of Pierce County Affordable Housing Week, titled "Equity in Action: Empowering BIPOC Developers through the RACE Initiative." This session will spotlight the innovative efforts of the Corporation for Supportive Housing (CSH) to address systemic barriers faced by BIPOC developers in the affordable and supportive housing sectors.
Presenters:
- Alexis Butler, Director of the RACE Initiative
- Rachel Mokry, Senior Community Investment Officer, Northwest
In this webinar, our esteemed presenters will discuss the challenges contributing to the underrepresentation of BIPOC-led firms in the real estate industry, where just 2% are Black-led despite the pressing need for diversity and equity in housing development. They will outline how the RACE (Redesigning Access by Centering Equity) Initiative is actively bridging access to capital and building capacity for BIPOC developers through innovative financing solutions and comprehensive technical assistance.
The session will delve into the RACE Initiative’s ambitious goal to raise and distribute $200 million in support to BIPOC-owned or led developers, aiming to fundamentally shift the landscape towards a more equitable industry. Attendees will gain insights into how CSH collaborates with local government partners to prioritize equity in funding decisions and the tangible impacts these efforts have on the community.
Key Takeaways:
- Understand the structural challenges and resource gaps that BIPOC developers face in the housing industry.
- Explore the strategic interventions and support mechanisms the RACE Initiative provides to empower BIPOC developers.
- Learn how local governments can collaborate with initiatives like RACE to enhance equity and inclusivity in community development.
This webinar is essential for policymakers, industry professionals, community leaders, and anyone committed to an inclusive economic environment in housing development. Join us to learn how empowering BIPOC developers can lead to more equitable and sustainable community growth.