Washington Housing Conservancy was featured in a Fast Company article about our innovative approach to preserve housing affordability. In her interview, Kimberly Driggins stated that, “we’re doing something that the market doesn’t want to have happen. We’re disrupters. We’re able to leverage private capital, and we have a social-impact investing fund to really compete with for-profit developers in the space… We’re able to move quickly because we’re not relying on government funding to close deals.”
WHC preserves affordable workforce housing, prevents displacement, and promotes economic mobility, particularly for moderate to low income African Americans and other residents of color in the DC metro area. WHC’s model fuses private-sector real estate capital and expertise with a social impact mission. We are now providing a blueprint for the preservation of affordable housing using flexible private capital that can be deployed with speed in strong market cities.
Read the article in depth HERE.