Urban League Partners with Amazon to Grow Opportunities for Real Estate Developers of Color
The Urban League of Middle Tennessee (Nashville, TN) announced a more than $5 million grant from Amazon to launch ULMT RED – Urban League of Middle Tennessee Real Estate Developers Academy, an initiative focused on accelerating new opportunities for emerging real estate developers of color while also increasing affordable housing in Nashville. The program, which is free of charge to participants, aims to foster careers and lower the obstacles that emerging real estate developers can face when trying to get real estate projects off the ground.
The goal of ULMT RED is to increase the number of real estate developers of color who are focused on affordable housing and inclusive community building across Nashville-Davidson County. Not only are these developers underrepresented in the real estate industry, they also lack access to the capital and resources necessary to advance much-needed affordable housing projects to help their communities.