Boston Ujima Project’s Post

Building cities that put people first is the inspiration behind Sanlam Investments’ Property Impact Fund that is rooted in the philosophy highlighted during International World Cities Day on the theme “Better Cities, Better Life”. This session is a case study on The Sanlam Property Impact Fund, which will support businesses that deliver affordable services to the “missing middle”. The missing middle refers to those who are employed and do not qualify for government support and services, but are not affluent enough to receive affordable support from financial services and other social infrastructure providers.  In SA, this represents 65% of all individual taxpayers. The fund will support providers of affordable housing, affordable education, student housing, rural and township retail opportunities

Our lead story in this issue is about Community Desk Chicago, which is deploying local investment tools in a way every community group should consider. According to its President and CEO, Ja’Net Defell, “We support nonprofits, entrepreneurs, and small community developers with real estate projects that do one of two things: have a direct impact on community wealth building and generational wealth, or bring new products and services and experiences to communities that are typically under-resourced.” Starting in the South Shore of Chicago, the organization’s CorridorLive! project is acquiring and rehabbing abandoned or blighted commercial properties and preparing a pipeline of essential local businesses to occupy the buildings. The goal is to activate critical buildings, blocks, and neighborhoods. At the center of the strategy is a Community Investment Vehicle Playbook, which outlines specific strategies for helping residents in target neighborhoods become owners of the upgraded properties. Read our full issue!

Real Estate Legacy: Own It to Pass It On! To pass down real estate or give back to the community, ownership is essential. 🏡 Key Points: Direct Ownership: Ensure you have full control of your property. 🔑 Avoid Complexities: Syndications and funds can complicate legacy plans. 🚫 At Tala Partners, we help you secure your legacy through direct real estate investments. Start building your legacy today. Connect with us to learn how.

𝗪𝗮𝗿𝗺 𝗛𝗼𝗺𝗲𝘀: 𝗦𝗼𝗰𝗶𝗮𝗹 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗙𝘂𝗻𝗱 𝗪𝗮𝘃𝗲 𝟯 𝗰𝗹𝗼𝘀𝗲𝘀 𝗶𝗻 𝗷𝘂𝘀𝘁 𝟭 𝘄𝗲𝗲𝗸. Don't miss your chance to secure retrofit funding! Formerly known as the Social Housing Decarbonisation Fund (SHDF), the Warm Homes: Social Housing Fund will close to Wave 3 applications at midday on 25th November. Our FREE Guide to Applying for the Warm Homes: Social Housing Fund Wave 3 will highlight everything you need to know, including the Wave 3 timeline, eligibility criteria, and how to start preparing a successful application in time for the deadline. Discover: ▶️ What the WH:SHF Wave 3 is ▶️ How Wave 3 differs to previous waves ▶️ How the WH:SHF application process works, along with a handy application checklist ▶️ What’s next for your retrofit project after you secure funding Download your FREE funding guide here and create a successful application before the deadline. 🔗 https://lnkd.in/eR-DCA8r #Retrofit #WarmHomes #SocialHousingFund #Funding #Guide

What is evergreen affordable housing? Through purchasing, deed restricting, and managing properties, we’re ensuring that Utah’s existing affordable housing remains accessible to those in need—forever. Learn more about our mission: https://lnkd.in/gzW_SyyE

I've been a bit quiet of late...not a bad thing some might add! The reason is simple...my new role as a Fund Manager for Resonance Limited on our Community Developers Fund is next level...why? because it's absolutely ground breaking...and we're pushing the boundaries of #impactinvesting Here's why: Communities often lack the agency to take control of their destiny - but Resonance Limited supports communities with innovative investment, to help them save the buildings and services they love and create affordable homes. We do this through a unique blend of grant and investment that allows us to invest in a range of projects, from pre-development, to land acquisition through to full development, with a patient and personal approach, a return to our amazing investors and a bucket load of #socialimpact 🎯 What does this look like? 🍻 Saving your local pub, we invest so you can secure it, you raise investment from the community and buy us out 🏘 Affordable homes for local people - we support Community Land Trusts to secure land and investment to develop affordable homes, working with housing associations, local authorities and developers 🏋♂️ Taking over your local leisure centre, securing the asset and redeveloping the facilities, increasing use and the range of services 🔌 Developing community renewable schemes to support your local neighbourhood or community buildings... The list goes on...we help communities solve problems...get in touch if you want to find out: How to get investment for your project 💷 How to partner with us to support your area 🤝 https://lnkd.in/e6Z6mCGJ

This week’s #OpportunityZone Outlook: Capital Square announced the launch of its ninth Opportunity Zone Fund. The fund aims to raise $77 million in equity to develop a mixed-used apartment community and luxury hotel in Scott’s Addition. Importantly, in the first Presidential debate, Opportunity Zones took center stage when President Trump highlighted the success of the OZ tax incentive as ‘one of the most successful economic development acts ever in our country’ and giving credit to Senator Tim Scott (R-SC). Lastly, Lincoln Avenue Communities celebrated the groundbreaking of the largest ground-up affordable housing project to be developed in Wisconsin. Located in a Madison Opportunity Zone, OZ fund equity is helping to finance the highly-anticipated development. To read: https://lnkd.in/eaKQayrK To subscribe: https://bit.ly/JillOZNews #OpportunityZones #OpportunityFund #OpportunityFunds #realestate #tax #development #RIA #familyoffice

We just got in this list of 40 #nonperformingnotes from a #hedgefund that can be cherry-picked. All are in default with values from $45k to $2.3M. If interested reach out to me. #notebuyer #noteinvesting #realestate #realestateinvesting #noteinvestor #foreclosures #reo #distressednotes

The Housing Accelerator Fund (HAF) is a crucial step forward in addressing the pressing housing affordability crisis. By enabling the construction of 100,000 new homes, it's not just building houses; it's building opportunities. We've got a long road ahead, but initiatives like the HAF are pivotal in paving the way for a more accessible housing market. What're your thoughts?

Another project funded!🚀 We’re thrilled to announce that yet another project has been successfully funded—this time, in just a matter of minutes! Our latest achievement is for our Partner, Andrew, who is using the funds to purchase and renovate a property in Blackburn. When Andrew first joined Sourced, he was completely new to property. Though this project wasn’t about huge numbers, it gave him the perfect opportunity to take his first steps into property development. Drop a 🔑 in the comments to learn more about Andrew’s journey! #PropertyFinance #PropertyFunding