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COMMUNITY REINVESTMENT ACT FOR BLACK & LATINOS

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Wood Frame of House

PILLAR 3

HOUSING DEVELOPMENT

SEEKING $10 BILLION

This is a good place to have an introduction sentence that speaks directly to why this pillar is important to CRA Baltimore. Mention where the $$ will go, is this a priority to your coalition, how will it affect you as the consumer. 

BLACK & BROWN DEVELOPER'S COLLECTIVE

  • CRA of 1977 sought to mitigate the devastating effects of redlining.

  • Shovel Ready - Black and Latino Developer’s Collective is critical to CRA Baltimore strategy.

  • Boots on the Ground - Ensure greater access translates into equitable distribution of funding for greater impact.

CRA CAPITAL & INVESTMENTS
INTO BALTIMORE BLACK & LATINO LED & FOCUSED AFFORDABLE HOUSING DEVELOPERS COMPONENTS

Debit & Equity Capital into Affordable Housing Lender Funds
Loans & Investments into B&L Master Plans
Community Development Loans & Investments
Direct Capital (Debt/Equity/Grants) to B&L Housing Developers
Loans & Investments into Affordable Rental Housing Development
Affordable Housing Developer Capacity Building Grants
Technical Assitance Grants for Builders Collective

UNDERSTANDING THE PILLARS WE STAND BY
Click the link to the corresponding pillar for details

Seeking $15 Billion for Small Busines

Measuring Access to Capital for Black & Latino Small Businesses

Seeking $4.25 Billion for Home Ownership

Providing Access to Black & Latino families to own a home

Seeking $10 Billion for Housing Development

Increasing Affordable Rental & For-Sale Housing for Black & Latino Developers

Seeking $75 Million for Building Capacity

Providing Grants & Investments to deliver increased community products/services

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CRA Baltimore is a coalition committed to ensuring that Baltimore City and all Black and Latino communities receive their fair share of CRA investments from the top banks in their region.This includes setting aside funds for greater investment for black and Latinos to help build small businesses, provide affordable housing and other resources to provide sustainability.

© 2022 CRA Baltimore  ·  Community Reinvestment Act for Black & Latinos

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