City seeks development and business professionals for Small Developer Incubator committee

The City is launching a Small Developer Incubator Program to address Sacramento's housing shortage and seeks skilled professionals for an advisory committee to support small developers.

The "Local Host Committee" will support the incubator program to create a network of developers and contractors who are familiar with their own neighborhoods and can develop smaller-scale housing solutions to address California's housing shortage.

"Serving on the Local Host Committee is a chance to shape this program and Sacramento's housing future," said Senior Housing Planner, Greta Soos. "Members will help empower local small developers to create housing that reflects our community's diversity and resilience."

Selected committee members will:

• Advise the team on how to engage the local community and ensure equitable representation and participation.

• Help build a network of local small developers, especially builders of color, women, and other people with backgrounds historically underrepresented in the development community.

• Connect the program with organizations and individuals that will support the needs of small developers, including funders and lenders, sponsors for future cohorts, and suppliers/vendors.

• Represent the diversity of the future development community in Sacramento.

• Provide evaluation of the program afterwards.

The City is seeking individuals that are:

• Experienced well-respected developers

• Commercial bankers from local or regional banks

• Infill and adaptive reuse builders or contractors

• Connectors in your community

• Real estate brokers/realtors

• Appraisers

• Design professionals (architects, engineers, etc.)

• Neighborhood advocacy group leaders

• Small businesses

• Labor organization representatives

• Chambers of commerce

• Local chapter representatives of organizations such as ULI, Strong Towns, YIMBY, House Sacramento, etc.

Interested individuals should apply online by Nov. 22.

Those who are interested in participating in the Small Developer Incubator Program but do not want to be on the Local Host Committee should sign up here to stay up-to-date on program announcements.

More about the Small Developer Incubator Pilot Program

The new Small Developer Incubator program will include several learning and networking opportunities of varying degrees of investment, including an evening lecture, one full day workshop, and one 4-week long boot camp. Learn more about the details of these events on the project webpage.

The pilot program will be led by PLACE Initiative, a national 501(c)(3) nonprofit organization working to provide differentiated, place-based implementation tools and strategies that support the integration of environmental, social, built, and economic systems to advance equitable climate solutions for all communities. PLACE Initiative will be partnering with Incremental Development Alliance (IncDev) who offers aspiring developers training and mentorship to help them take the first steps toward their small-scale real estate development projects.

The program was made possible by a one-time $19,000 grant awarded by the California Housing Systems Innovators Network's Build it Green, a nonprofit working to change California's housing system to better serve human and ecological vitality. Additionally, the City will contribute $25,000 from the Neighborhood Development Action Team (NDAT).

Public link

Please use the above public link if you want to share this noodl on another website.