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The Kresge Foundation Features OppCo Housing Accelerator Fund
In 2024, Opportunity Communities (OppCo)—a nonprofit dedicated to strengthening CDCs—launched the OppCo Housing Accelerator Fund (HAF). This revolving loan fund provides fast, affordable predevelopment and acquisition financing, giving CDCs the agility to compete in a high-cost housing market and preserve homes for long-term affordability.
First Citizens Bank Invests $1M in The Neighborhood Developers to Boost Affordable Housing Efforts
OppCo is thrilled to announce that First Citizens Bank has invested $1 million through an Equity Equivalent Investment (“EQ2”) to support The Neighborhood Developers’ anti-displacement strategy. The funds will be managed by OppCo as part of the OppCo Housing Accelerator Fund.
Confronting the harm of housing discrimination
Homes for Equity collaborators completed The Past is Not Past: Confronting the Legacy of Housing Discrimination in Roxbury, a two-part series on both ends of Fair Housing Month exploring homebuying discrimination.
The Boston Globe: Roxbury community members discuss racism, housing discrimination
Aching for A Home: Stories of Homebuying Discrimination in Roxbury, shared the stories gathered from the lived experiences of Roxbury residents and discussed how to make it right in the community.
Announcing the First FEAHD Cohort
We’re thrilled to welcome the inaugural cohort of the Fellowship for Equitable Affordable Housing Development (FEAHD). These Fellows will work at CDCs across Massachusetts for the next two years, benefitting from on-the-job training and mentorship that will prepare them for careers in real estate development.
CHAPA Fair Housing Symposium
Thank you CHAPA for the opportunity to share info about OppCo's Homes for Equity initiative at the Fair Housing Symposium. The presentation by Maria Latimore and Neenah Estrella-Luna starts at 16:50.