B.U.I.L.D. Incubator
Empowering developers to innovate and deliver affordable housing without relying on tax credits.
About the Program
The Bridging Unique Investments to Leverage Development (B.U.I.L.D.) Incubator equips developers with the knowledge, tools, and access to specialized financing to create affordable housing developments without relying on low-income housing tax credits (LIHTC). This innovative program provides pathways to bond financing and other funding sources, removing barriers and enabling sustainable impact in communities that need it most.
Program Benefits
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Access to Capital:
Dedicated support and connections for participants to access and apply for non-LIHTC funds.
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Tailored Support:
Online and in-person training sessions with customized course work to meet your needs.
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Advisory Networking:
Capital, advisory, and industry specific networking groups to help your business grow.
Program Eligibility
- At least 2 years of experience as a builder, developer, or contractor, 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.
- Have a strong commitment to building and developing in low-to-moderate (LMI) communities.
- Ability to attend and actively participate in all scheduled online and in-person sessions in Los Angeles (attendance is mandatory).
- Be able to consistently respond to emails and surveys throughout the program.
Program Information and Timeline
- Application Window Opens: February 14
- Application Window Closes: March 28