newsSeptember 23rd, 2021
Urbane is pleased to be in great company with other black- and BIPOC-owned and led affordable housing developers in the state of New York who were also recently awarded a grant by Enterprise Community Partners (Enterprise), a national nonprofit that addresses America's housing crisis with a self-described mission to "make home and community places of pride, power and belonging, and platforms for resilience and upward mobility for all."
In a brief excerpt from the grant announcement, Enterprise writes:
"Affordable housing organizations with BIPOC leadership continue to encounter barriers to accessing loans, grants, and technical support, impeding their business growth.
To break these inequitable practices and level the playing field, Enterprise has launched Equitable Path Forward, a 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, who has access to them, and the wealth that is generated from them."
You may read the full announcement here:
Through EPF NY grants, we awarded up to $450,000 to 12 grantees to support for-profit organizations in the affordable housing industry to accelerate their housing development pipelines, bridge operational gaps, and fortify their property management infrastructure.