Hi John,

Join us alongside the Southern California Association of Non-Profit Housing (SCANPH) on Tuesday, May 9, 10AM-12:30PM PT for Strategies to Successfully Implement Supplier Diversity Goals, a webinar that will explore industry implementation of AB 2873, discuss the availability of services to support adherence to new requirements, and deliberate the challenges and opportunities for the capturing of such data during a panel discussion.

Context: Last year, Governor Newsom signed into law AB 2873, which seeks to address historic inequities and underrepresentation of disadvantaged contractors/businesses in the construction trades and affordable housing development industry. This bill establishes a new requirement for developers to track and report on the ownership and labor practices of the contractors they hire to build their projects, if they utilize low-income housing tax credit funds.

One major question still looms around the legislation: what will be the impact of AB 2873 on our industry and what will it take for successful implementation?

The Impact of AB 2873 AB 2873 aims to ensure the affordable housing development industry intentionally uplifts and invests in firms led by people of color. By diversifying the pipeline of people who share in the revenue resulting from these vital public investments, we can increase the wealth of communities typically excluded from such valuable opportunities.

I hope to see you at this important training!

In solidarity,

Monica Joe,
NPH Program and Events Manager