Empowering Minority Developers: A Lifecycle Approach to Increasing Market Share and Building a Strong Pipeline
Create, Cultivate, Connect and Support Qualified Minority Developers
Born out of the Capital Impact Partners Equitable Development Initiative, we have taken steps to create an organization to carry forward the spirit of the CIP EDI and empower minority developers in Detroit to ensure the developer base more accurately reflects the city's diversity and delivers projects that truly serve its diverse population.
Learn more about the different segments and entities within our organization.
Explore the links in the table below to learn more about specific subjects
-
Our mission is to cultivate, connect and advocate for experienced and aspiring black real estate developers.
Our intent is to increase market share for developers of color, establish a legacy pipeline, and to leverage the power of our allies and the development community's collective resources to create a more coordinated and equitable development ecosystem for our community.
-
We aim to serve Detroit’s black development community through:
Equity Advocacy
Increased access to fair capital
Networking & information sharing
Technical Assistance -
Comprised of Detroit based high level developers, READ’s Executive Committee is charged with exemplifying and forwarding our mission. Using their influence in the marketplace, they ensure black and brown developer voices are heard at all levels of government, from the Mayor’s office, to City Council, all the way to our legislature in Lansing.
-
READ’s Junior Executives are our mission in action. Skilled professionals in the development industry, they organize, manage, and emcee our monthly meetings, serve on subcommittees with our Executive Committee, as well as advocate for the mission and vision of READ.
-
We focus our mission objectives through the following subcommittees:
Advocacy
Finance
Board Selection
Programming
Detroit Development Tracker - Map of Detroit Development Projects
What Our Clients Have to Say About Working with Our Team
“READ brings together the entire community of African-American developers in Metro Detroit”
Jason A. Cole
JOIN US AT OUR NEXT EVENT:
READ Monthly Meeting:
Let’s Talk LIHTC & EFFECTIVE PARTNERSHIPS!
Have you wondered….:
How do I prepare for a co-development arrangement?
What should I consider when partnering with an experienced developer?
How is LIHTC different from market rate or NOAH?
What is the difference between 4% & 9% LIHTC ?
Where do I go to find out more about LIHTC?
Join us to learn the pathways from emerging to experienced developer, how partnerships play a role in that progression, and demystify the world of LIHTC.
Plan For The Year
Check the events we have for the year and mark them on your calendar.