MIE's Deep Dive on Deals: Due Diligence and Lessons Learned at the Intersection of Affordable Housing and Commercial Development
The second session for our Affordable Housing Month featured a housing-focused “Deep Dive on Deals,” featuring a presentation by The Barra Foundation on their catalytic investment in the Kensington Corridor Trust (KCT.) The Barra Foundation has taken an impact-first approach by providing both grant and investment capital to KCT, which works closely with residents and stakeholders in the Kensington neighborhood of Philadelphia to drive stability and economic prosperity through an innovative model for community-controlled development. At the intersection of affordable housing and commercial development, this conversation moderated by Mission Investors Exchange (MIE) highlighted challenges and opportunities within due diligence processes, impact metrics, and strategies for collaborative investments.
Speakers included:
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Adriana Abizadeh, Executive Director, Kensington Corridor Trust
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Kristina Wahl, President, The Barra Foundation
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Katheryn Witt, Director, Program Content, MIE (moderator)
This VLO was preceded by a session on October 1st, 2024 titled “How Impact Investing Can Help Solve the Affordable Housing Crisis”
MIE members, please log in to view the recording and summary below. To inquire about MIE membership, please contact Obi Asiama at [email protected].