WRAG and Enterprise Launch ‘Our Region, Your Investment’
Over the past few years, WRAG has worked alongside its membership, local stakeholders, and regional leaders to identify and implement new ways to address the affordable housing need in our region. As announced at its 2015 Annual Meeting, they have teamed up with Enterprise Community Loan Fund to develop Our Region, Your Investment as an opportunity for local stakeholders to be a part of the solution to the affordable housing crisis through impact investing.
More than 150,000 families in the Greater Washington region are currently in need of affordable homes, a number that is expected to double in less than 10 years. When people spend too much on housing, they are less likely to be able to cover basic needs. That instability can lead to negative health outcomes for residents, poor educational outcomes for their children, and an increased risk of homelessness.
Additional capital resources are required to create and preserve the affordable homes needed in the region over the next decade. Learn about how you can be a part of the solution at www.impactnote.com/ourregion.
Visit the Enterprise Community Loan Fund webpage for more information.
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