The dual financial system affects not only Black and Brown consumers, but Black- and Brown-led firms. In the past two years, CDFIs have focused on shifting access to capital for developers.
Experiments to lower construction costs, from reusing shipping containers to 3D printing walls, have been happening for years. But are any of these approaches able to provide meaningful savings at scale?
Two large community development intermediaries have announced major racial equity initiatives that emphasize how affordable housing gets built—and who builds it.