Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area

Amazon’s Housing Equity Fund Nashville, Seattle, Washington D.C.

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Entities involved: City Government, For-Profit Entity, Local Housing Authority, Non-Profit Organization, State Housing Finance Agency (HFA)

In January 2021, Amazon launched the $2 billion Housing Equity Fund with the goal of creating and preserving 20,000 affordable homes across three of its hometown communities—Washington State's Puget Sound region; the Arlington, Virginia/National Capital region; and Nashville, Tennessee—within five years. The Fund is designed to help moderate- to low-income … Read more >

Washington Housing Initiative Impact Pool (WHIIP) Washington D.C.

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Entities involved: Financial Institution

The Washington Housing Initiative Impact Pool (WHIIP) is an approximately $115 million investment vehicle that targets after-tax returns equivalent to many traditional investment funds. The Impact Pool is managed by JBG SMITH Impact Manager, a subsidiary of JBG SMITH Properties. The Impact Pool provides mezzanine/second trust financing, coordinates placement of … Read more >

District Opportunity to Purchase Act (DOPA) Washington D.C.

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Entities involved: City Government, Non-Profit Housing Developer

The District Opportunity to Purchase Act (DOPA) is a preservation tool implemented by the DC Department of Housing and Community Development that promotes affordable rental housing by maintaining the affordable status of existing affordable rental units as well as increasing the total number of affordable rental units within the District. … Read more >