With a contract award from Fannie Mae, the Build UP team has been able to:
- Hire a community development financial institution (CDFI) consultant to support Build UP’s executive leadership team on the necessary steps required to become a CDFI.
- Successfully complete expansion plans to support launch of the program at a second site.
By the end of the contract with Fannie Mae, Build UP will have opened the second site in Titusville, AL, and developed expansion plans to support growth opportunities out of state.
Since receiving the contract award from Fannie Mae, Build UP has received a $1.25 million grant to begin expansion of their program to Cleveland, OH.
Watch the video to see how Build UP is revitalizing communities and increasing affordable housing supply while preparing students for careers and homeownership.