B.U.I.L.D. Incubator
Equipping developers to expand affordable housing through innovative financing.
8 Expert-Led Sessions
Hybrid Learning
Capital Connections
Financing Readiness
Applications for the 2026 BUILD Cohort are Now Open
About the Program
The Bridging Unique Investments to Leverage Development (B.U.I.L.D.) Incubator is a development finance accelerator designed to help developers structure, position, and pursue affordable multifamily housing projects without relying exclusively on Low-Income Housing Tax Credits (LIHTC).
Through expert-led instruction, technical assistance, peer learning, and direct access to mission-driven capital providers, participants strengthen their financing strategy, improve investor and lender readiness, and develop a practical roadmap for moving from concept and predevelopment toward financing.
BUILD in Action
– Alicia Matricardi, Matricardi Law
BUILD Graduate
– Helen Leung, LA Más
BUILD Graduate
What You’ll Gain
Financial Strategy
Lender Readiness
Financial Modeling
Capital Connections
Capital Roadmap
Investor Preparedness
Is BUILD Right for You?
Ideal Participants:
- Emerging affordable housing developers
- Small and mid-sized real estate development firms
- Community-based development organizations
- Minority-led and mission-driven development teams
- Market-rate developers exploring affordable housing projects
- Development teams seeking alternative financing solutions for multifamily housing
You May Be a Good Fit If You Have:
- A multifamily housing project concept you are actively exploring
- Site control or a site under consideration
- Predevelopment work underway
- A project facing financing or feasibility challenges
Before You Apply
Everything you need to know before submitting your application.
Program Schedule - [HIDDEN]
| Sessions | Date | Location |
|---|---|---|
| Session 1 | September 15, 2026 | In-person – Los Angeles |
| Session 2 | September 17, 2026 | Online – Zoom |
| Session 3 | September 29, 2026 | In-person – Los Angeles |
| Session 4 | October 1, 2026 | Online – Zoom |
| Session 5 | October 13, 2026 | In-person – Los Angeles |
| Session 6 | October 27, 2026 | Online – Zoom |
| Session 7 | October 27, 2026 | In-person – Los Angeles |
| Session 8 | October 29, 2026 | Online – Zoom |
| Session 9 | November 5, 2026 | In-person – Los Angeles |
Program Schedule
Application period: July 20 – August 31, 2026
| Sessions | Date | Location |
|---|---|---|
| Session 1 | September 15, 2026 | In-person – Los Angeles |
| Session 2 | September 17, 2026 | Online – Zoom |
| Session 3 | September 29, 2026 | In-person – Los Angeles |
| Session 4 | October 1, 2026 | Online – Zoom |
| Session 5 | October 13, 2026 | In-person – Los Angeles |
| Session 6 | October 27, 2026 | Online – Zoom |
| Session 7 | October 27, 2026 | In-person – Los Angeles |
| Session 8 | October 29, 2026 | Online – Zoom |
| Session 9 | November 5, 2026 | In-person – Los Angeles |
Eligibility Requirements
- Minimum of 5 years’ experience as a builder or developer with sufficient cash reserves.
- Must currently own or plan to develop/rehabilitate an affordable multifamily housing property in a low-to-moderate income (LMI) community within 12 months.
- Ability to attend and actively participate in all scheduled online and in-person sessions in Los Angeles (attendance is mandatory).
- Commitment to pursuing alternative financing for projects.
- Be able to consistently respond to emails and surveys during and after the program.
Frequently Asked Questions
Applicants should ideally have a project concept, site control, or predevelopment work underway. BUILD is designed for developers who are actively working toward an affordable multifamily housing project.
Does BUILD provide financing?
No. BUILD does not provide direct financing or equity investments. Instead, the program helps participants strengthen their financing strategy, improve lender and investor readiness, and connect with mission-driven capital providers.
Is LIHTC experience required?
No. BUILD is specifically designed to help developers explore financing approaches beyond traditional Low-Income Housing Tax Credits (LIHTC).
Are the in-person sessions mandatory?
Yes. Participants are expected to attend and actively participate in all scheduled online and in-person sessions.
Can more than one person from my organization participate?
No. Only one person per selected organization may participate in the program. We recommend that the same individual attend from start to finish, since each session builds on the material covered before it. If that person is occasionally unavailable, a designated alternate may attend in their place to help maintain full attendance.
Does BUILD provide legal, tax, or accounting advice?
No. BUILD provides educational programming and technical assistance but does not provide legal, tax, or accounting advice.
Is there a cost to participate?
If selected, there is no cost to participate.
How are participants selected?
BUILD is designed as a cohort-based accelerator. Applications are reviewed based on project readiness, development experience, and alignment with the program’s objectives.
Applications for the 2026 Cohort Are Now Open
Join a cohort of developers advancing affordable housing through innovative financing strategies.
Partners
California Community Reinvestment Corporation
California Community Reinvestment Corporation (CCRC) is a trusted financial partner committed to expanding access to capital for real estate developers while driving development and preservation of affordable housing across California. Their strong network of banking partners and strong expertise in permanent financing plays a vital role in creating diverse avenues of capital for B.U.I.L.D Incubator developers.
