What is Asian Community Development?
Operating as a specialized nonprofit, Asian Community Development focuses on the intersection of urban planning and social advocacy. The organization is dedicated to the development of affordable housing units, serving as a vital anchor for Asian American and low-income populations. Beyond its real estate portfolio, the firm facilitates comprehensive community building initiatives and youth-oriented programs, effectively functioning as a catalyst for neighborhood stability and economic resilience in high-cost urban environments.
How much funding has Asian Community Development raised?
Asian Community Development has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Asian Community Development
PPP
Public-Private Partnership
What's next for Asian Community Development?
With this late-stage capital infusion, Asian Community Development is positioned to accelerate its pipeline of affordable housing projects. The strategic deployment of these funds will likely prioritize the acquisition and renovation of existing properties, alongside the development of new residential units designed to mitigate displacement. As the organization scales its impact, it remains focused on utilizing tax credit programs and philanthropic partnerships to ensure long-term financial sustainability and continued advocacy for equitable urban development.
See full Asian Community Development company page
