Thank you to our friends at the Multifamily Impact Council for highlighting the National Multifamily Housing Council feature of NEF's Emerging Minority Developers Fund (EMDF) in a case study that focuses on housing equity. The EMDF was created to help build access to capital for affordable housing developers of color. The fund benefits include limited guarantee backstops, LIHTC equity and technical support funding.
While there is still work to be done, we are proud of this innovative step forward to help developers of color build much needed affordable housing across the country.
Read the case study here.
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