Year 1 Evaluation of the PRO Neighborhoods Purple Line Collaborative
In 2019, the Purple Line Equitable Transit-Oriented Development Collaborative received a JPMorgan Chase PRO Neighborhoods award. The Purple Line Collaborative is made up of three community development financial institutions (CDFIs): Enterprise Community Partners, the National Housing Trust, and the Latino Economic Development Center. With the PRO Neighborhoods grant, the three CDFIs are focused on lending to develop and preserve affordable housing and small businesses along the Purple Line light rail line that is being built in the Maryland suburbs of Washington, DC, to connect communities in Prince George’s and Montgomery Counties. In 2020, the Purple Line Collaborative accomplished several key objectives for developing and preserving affordable housing and small businesses along the transit corridor.