Housing market failures, inadequate financing mechanisms, and long-standing discrimination continue to lead to racially and economically segregated neighborhoods. However, we are increasingly seeing Community Development Financial Institutions (CDFIs) play a unique role in offering innovative, affordable pathways to homeownership for low-income and minority borrowers. With new options to create and preserve affordable housing opportunities, how can funders help CDFIs promote equitable housing as a tool to generate asset-building, build intergenerational wealth, and retain value within communities, particularly in communities of color?
Please join Asset Funders Network on February 16, 2023 at 1:00-2:15 ET for a member-only discussion exploring how funders and CDFIs can collaborate to shape housing and community revitalization policies that advance racial equity in housing. Topics may include:
- How do we expand the accessibility of affordable housing by supporting and replicating innovative CDFI models that offer flexible housing financing strategies and leverage capital more effectively for low to moderate income buyers?
- Examine the Biden-Harris administration’s Economic Opportunity Coalition’s infrastructure investments in CDFIs to preserve and expand affordable rental housing and homeownership in underserved neighborhoods
- What models offer insight into making sure homeownership is an asset-building vs asset depleting investment for low income and first time homebuyers? What strategies are lifting up habitability and affordable maintenance for homebuyers?
- What is the impact of predatory housing practices on today’s racial wealth gap, including lending discrimination and racial bias in home appraisals, and what regulations are necessary in order to protect the consumers?
Peer-to-Peer: Advancing an Anti-Racist Economy is a series of member-only monthly sessions centered around AFN’s seven issue areas. Building on critical conversations from AFN’s 2022 National Grantmaker conference, these 75-minute virtual webinars will feature speakers discussing policy and programmatic advances as well as foster authentic dialogue to advance an anti-racist economy.
This session is exclusively for AFN members. Not an AFN member but interested in attending? Please visit our website or reach out to Kristin Rennels, Membership Director (firstname.lastname@example.org) to learn more about joining AFN as a member.