ULMT R.E.D. ACADEMY
Urban League of Middle Tennessee Real Estate Developers Academy
Surveying the growth and development of our city and being conscious that it should truly reflect Nashville’s diversity ULMT decided to provide an equitable and diverse opportunity for developers of color within the Nashville community. ULMT launched R.E.D. (Real Estate Developers) Academy supported by Amazon Housing Equity Fund.
The Academy's purpose is to empower developers of color with opportunities to create environments that combine local knowledge, partnerships, and key strengths – including program design, project financing - to support the growth of their business and to support the Nashville community.
The Real Estate Developers Academy works to broaden participants’
skills and opportunities while also increasing affordable housing in Nashville through three key areas:
Program participants engage in formal real estate development training, workshops with development experts, and engage city leaders with opportunities for discussions regarding the challenges, and opportunities for developers of color with respect to the need for affordable housing in Nashville, Davidson County.
The participants receive support from local mentors who have the expertise as developers in the real estate market. These local experts provide guidance to further the participants' real estate development efforts.
R.E.D. Academy will have options available to assist participants with project financing. Funding options will build on the knowledge and training gained through the courses.
2022 R.E.D. Academy Fellows
R.E.D. Academy offers BIPOC individuals in the built environment profession an unequaled educational opportunity. It prepares the fellows with the knowledge, resources, and connections to scale their businesses and further their impact on the real estate development market in Nashville. These fellows are the leaders impacting change in Nashville through a barrier-free opportunity to help shape the built environment. It is an 18-month program with a specific focus on Nashville Davidson County while advancing the focus on creating affordable and attainable housing.