Question 1

What is the Developers Capacity Building Program (DCBP)?

Accepted Answer

The DCBP aims to boost affordable and workforce housing development in the Triad area by enhancing participants' financial knowledge, access to capital, and homeownership pathways. It fosters minority business growth, networking with key stakeholders, and access to essential resources.

Question 2

What are the goals of the DCBP?

Accepted Answer

The DCBP aims to boost low-to-moderate income homeownership in Triad, expand the capacity of local nonprofits and MWBE housing developers, reduce homeownership gaps, and document successful strategies for replication and evaluation.

Question 3

What are some of the benefits of participating?

Accepted Answer

Participants are expected to gain connections with financial institutions, local governments, and housing stakeholders, network with developers and contractors, access valuable resources, pioneer in a vital training program, and potentially earn a $500 stipend upon completion.

Question 4

What organization is conducting the DCBP?

Accepted Answer

The National Institute of Minority Economic Development empowers leaders, nonprofits, HBCUs, businesses, and partners to foster growth and economic justice in LMI communities. Its ICDI division focuses on community economic development initiatives.

Question 5

Who should I contact with questions?

Accepted Answer

For questions related to the Developers Capacity Building Program, please contact: Shoneca Kent, at skent@theinstitutenc.org.