Philly Rise is a five-year real estate accelerator program for emerging black and brown real estate developers designed to provide them with the training, affordable capital, technical assistance and networks they need to grow their companies. A cohort of 10-12 black and brown real estate developers will be recruited into Philly Rise each year with each developer receiving 14 weeks of high-level training, a committed pool of capital that they can promptly access for their projects, mentorship and coaching through the predevelopment and construction phases of their projects, and access to an ecosystem of developers, architects, contractors, and other residential development professionals in Philadelphia. The Philly Rise accelerator brings together a range of partner organizations (Black Squirrel, Urban Land Institute, Philadelphia Housing Development Corporation and AR Spruce) to provide developer cohorts with these resources.
