CNHED and Wacif Awarded $3.6M to Open The Green Economy For Communities Of Color

July 30, 2024

Home News and Updates CNHED and Wacif Awarded $3.6M to Open The Green Economy For Communities Of Color

The Coalition for Nonprofit Housing and Economic Development (CNHED), in partnership with the Washington Area Community Investment Fund (Wacif) has been awarded a $3.6M three-year grant through the Greater Washington Community Foundation Health Equity Fund for a new partnering initiative called the Sustainable DC Project, focusing on helping minority- and women-owned small businesses and entrepreneurs harness the power of our region’s green economy.

After the District announced the Net-Zero Energy initiative, we knew CNHED would be uniquely positioned to get involved in the green economy. We kept waiting because we wanted to ensure maximum impact, but knew we wanted to find a way to uplift and support women and communities of color in the green economy.

- Stephen Glaude, CNHED President & CEO

Sustainable DC Follows a Three-Pronged Approach

Access to Capital

Sustainable DC will provide loans to help entrepreneurs obtain the certifications, equipment, and supply chain adjustments — as well as local and federal resources — to help meet rising green economy demands.

Capacity Building

Sustainable DC will provide advisory services to help small businesses navigate the ever-changing landscape of regulations, resources, and buyer expectations surrounding the Net-Zero Energy Initiative and the green economy.

Access to Opportunities

Sustainable DC will connect small businesses to new local and federal investment opportunities, as well as green supply chains and other major customers that can take their business operations to the next level.

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CNHED is grateful to The Greater Washington Community Foundation for supporting this innovative and important work to help support DC’s changing landscape. Support from the Community Foundation is working to ensure that under-resourced and under-served residents and communities are not left behind in the Green Economy as we all work for a cleaner and more sustainable District of Columbia.

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