Strada Selected through Enterprise RFQ to provide Equitable Path Forward Advisory Services.
In December 2021, through a competitive RFQ process, Strada was selected by Enterprise Community Partners, Inc. to provide advisory services through the Enterprise Equitable Path Forward program.
Equitable Path Forward is a five-year, $3.5 billion nationwide initiative targeted to help dismantle the deeply-rooted legacy of racism in housing – from the types of homes that are built, where they’re built, who builds them, who has access to them, and the wealth that is generated from them. Affordable housing organizations with BIPOC leadership continue to encounter barriers to resources like loans, grants and technical support that impede their business growth compared to white-led organizations.
Strada is humbled and proud to be selected by Enterprise to advance this worthy initiative. Strada was selected to provide advisory services to four affordable housing organizations with BIPOC leadership. We will work to strengthen these BIPOC-led development businesses to accelerate their housing development capabilities and strengthen their operations.