A nonprofit housing initiative leveraging diaspora capital and public–private partnerships to expand access to safe, affordable homeownership and rental opportunities.
Low- and moderate-income diaspora families in central Maryland face rising housing costs, limited supply of quality homes, and barriers to sustainable homeownership. Without intentional intervention, families are locked out of stable housing and long-term wealth-building opportunities.
Diaspora Impact, Inc. launched this Affordable Housing Initiative to help close that gap by developing and preserving affordable homes in communities where diaspora families live, work, and raise their families.
The Diaspora Impact, Inc. Affordable Housing Initiative is a nonprofit, community-based effort focused on expanding access to affordable homeownership and small-scale rental housing in central Maryland, including Laurel and surrounding communities.
The initiative combines diaspora capital, public financing tools, and partnerships with experienced developers and local governments to create housing that is both affordable and sustainable.
Begin as a joint-venture partner and nonprofit broker, collaborating with experienced affordable housing developers and local governments
Focus on central Maryland communities with significant African and diaspora populations, including Prince George’s, Howard, and Montgomery Counties
We steadily build internal development expertise to expand our ability to deliver affordable housing solutions directly and sustainably.
Over time, we evolve into a turnkey single-family developer, rehabilitating or building modest homes for qualified low- and moderate-income diaspora households.
Grants
Subordinated public loans
Bank financing
Equity (including potential tax credit equity for multifamily projects)
Quasi-equity such as donated services or land
This blended approach allows the initiative to develop or preserve housing while keeping costs accessible for diaspora families.
As an IRS-designated 501(c)(3), Diaspora Impact, Inc. is eligible to participate in Maryland’s Community Investment Tax Credit (CITC) program.
Eligible donors who contribute $500 or more may qualify for Maryland State tax credits by completing the required Donor Acknowledgement Form and submitting it to Diaspora Impact.
Eligible donors include:
Maryland-taxable businesses
Individuals or fiduciaries with Maryland tax liability
Benefits to donors:
Reduce Maryland tax liability
Advance an essential community goal
Make targeted neighborhood-level impact
Strengthen community visibility and relationships
As an IRS-designated 501(c)(3), Diaspora Impact, Inc. is eligible to participate in Maryland’s Community Investment Tax Credit (CITC) program.
Eligible donors who contribute $500 or more may qualify for Maryland State tax credits by completing the required Donor Acknowledgement Form and submitting it to Diaspora Impact.
Eligible donors include:
Maryland-taxable businesses
Individuals or fiduciaries with Maryland tax liability
Benefits to donors:
Reduce Maryland tax liability
Advance an essential community goal
Make targeted neighborhood-level impact
Strengthen community visibility and relationships
Stable housing is more than shelter, it is the foundation for family stability, educational success, and economic mobility. This initiative strengthens communities by anchoring families, supporting local economies, and expanding long-term wealth-building opportunities for diaspora households.
Interested in affordable housing opportunities or supporting this initiative? Let us know how you’d like to get involved.
