{"id":804215,"date":"2022-06-30T07:01:09","date_gmt":"2022-06-30T05:01:09","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/wells-fargo-foundation-aims-to-grow-diverse-housing-developers-with-40-million-donation\/"},"modified":"2022-06-30T07:01:09","modified_gmt":"2022-06-30T05:01:09","slug":"wells-fargo-foundation-aims-to-grow-diverse-housing-developers-with-40-million-donation","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/wells-fargo-foundation-aims-to-grow-diverse-housing-developers-with-40-million-donation\/","title":{"rendered":"Wells Fargo Foundation Aims to Grow Diverse Housing Developers with $40 Million Donation"},"content":{"rendered":"Capital Impact Partners, LIIF, Raza Development Fund and Reinvestment Fund lead new initiative to increase racial equity in real estate development\n\n\nSAN FRANCISCO--(BUSINESS WIRE)--The roughly $175 billion U.S. housing development market is known for high barriers to entry \u2014 and today, real estate developers of color make up less than five percent of the industry. To help address this gap, the Wells Fargo Foundation announced Growing Diverse Housing Developers, a $40 million grant initiative focused on expanding the growth and success of real estate developers of color, including Black- and Latino-owned firms.\n\n\nLaunched in collaboration with Capital Impact Partners, Low Income Investment Fund, or LIIF, Raza Development Fund, or RDF, and<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Capital Impact Partners, LIIF, Raza Development Fund and Reinvestment Fund lead new initiative to increase racial equity in real estate development SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211;The roughly $175 billion U.S. housing development market is known for high barriers to entry \u2014 and today, real estate developers of color make up less than five percent of the industry. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-804215","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wells Fargo Foundation Aims to Grow Diverse Housing Developers with $40 Million Donation - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/wells-fargo-foundation-aims-to-grow-diverse-housing-developers-with-40-million-donation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wells Fargo Foundation Aims to Grow Diverse Housing Developers with $40 Million Donation - BeBeez\" \/>\n<meta property=\"og:description\" content=\"Capital Impact Partners, LIIF, Raza Development Fund and Reinvestment Fund lead new initiative to increase racial equity in real estate development SAN FRANCISCO--(BUSINESS WIRE)--The roughly $175 billion U.S. housing development market is known for high barriers to entry \u2014 and today, real estate developers of color make up less than five percent of the industry. 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