Innovan Neighborhoods founder Maggie Parker, a Dallas native herself, said CDR exists in response to a critical need in North Texas.
According to a 2021 report from the Urban Land Institute just over 8% of its more than 14,000 members were Black. 73% were white. The nonprofit reports access to capital remains a hurdle for Black developers.
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Franklin County OKs $5M to help minority, female developers create affordable housingThe Franklin County Board of Commissioners granted $5 million in COVID-19 funds to the Affordable Housing Trust to help emerging minority developers. Sounds like a crony crapitalist boondoggle. And discriminatory as hell since it's earmarked for people based on race and gender. Every time government meddles into housing to make it affordable, the prices just go up. It's almost like it's all a scam. My rent is virtually unaffordable. Stop taxing me to pay for others, I can't afford it.
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