What is Workforce Resource?
Workforce Resource, originally known as The Down Payment Resource (DPR), was established in 2008 with a mission to address the critical need for down payment assistance programs for eligible homebuyers. The company operates by forging strategic business partnerships, engaging in advocacy, and providing essential education to increase awareness and accessibility of these vital programs. Its core function is to connect potential homeowners with hard-to-find down payment solutions, thereby facilitating homeownership and strengthening communities.
How much funding has Workforce Resource raised?
Workforce Resource has raised a total of $368K across 2 funding rounds:
Debt
$150K
Debt
$218K
Debt (2020): $150K with participation from PPP
Debt (2021): $218K led by PPP
What's next for Workforce Resource?
The recent large-scale, late-stage funding signifies a pivotal moment for Workforce Resource, positioning it for accelerated expansion and enhanced service delivery. This strategic investment is expected to fuel further development of its partnership network and educational outreach initiatives. As the company continues to scale, its focus will likely remain on broadening access to homeownership through innovative down payment solutions and robust advocacy efforts, solidifying its role as a key facilitator in the housing market.
See full Workforce Resource company page