We are excited to announce the launch of Our Region, Your Investment – an initiative to address the Greater Washington region’s affordable housing crisis.
Over the past years, WRAG has worked alongside its membership, local stakeholders, and regional leaders to identify and implement new ways to address the affordable housing need in our region. Now we have teamed up with Enterprise Community Loan Fund to develop Our Region, Your Investment as an opportunity for local stakeholders to be a part of the solution to the affordable housing crisis through impact investing.
More than 150,000 families in the Greater Washington region are currently in need of affordable homes, a number that is expected to double in less than 10 years. When people spend too much on housing, they are less likely to be able to cover basic needs. That instability can lead to negative health outcomes for residents, poor educational outcomes for their children, and an increased risk of homelessness.
Additional capital resources are required to create and preserve the affordable homes needed in the region over the next decade. Learn about how you can be a part of the solution at www.impactnote.com/ourregion.
Read the press release from WRAG and Enterprise Community Loan Fund, and check out the brochure to learn more about the campaign.
For more information on the affordable housing need in the Greater Washington region, read Call The Question: Will the Greater Washington Region Collaborate and Invest to Solve Its Affordable Housing Shortage?
Disclosure: The Enterprise Community Impact Note is offered by Enterprise Community Loan Fund, Inc., a nonprofit 501(c)(3) corporation. It is guaranteed by Enterprise Community Partners, Inc., a nonprofit 501(c)(3) corporation. The Enterprise Community Impact Note is not FDIC or SIPC insured and is only available in states where authorized. This brochure is neither an offer to sell nor a solicitation of an offer to buy these securities. The offering is made only by the prospectus, which can only be delivered by eligible employees of Enterprise Community Loan Fund, and should be read before investing. WRAG is not affiliated with Enterprise Community Loan Fund, Inc. or Enterprise Community Partners, Inc. WRAG is not offering to sell nor soliciting an offer to buy these securities. WRAG is not providing advice, receiving compensation, or making any suitability determinations in respect to you.