Episode 35: Closing the Racial Wealth Gap through Real Estate Investing with Avery Ebron of The Guild

In this episode, Capital Insight co-hosts and securities attorneys Jenny Kassan and Michelle Thimesch attend the Force For Good 2022 investor webinar hosted by LIFT Economy, an impact consulting firm whose mission is to model racially just and locally self-reliant economies that benefit communities rather than corporations. Today, they hear a presentation from the Guild, a socially minded real estate developer taking a systems approach to creating collaborative, inclusive, and sustainable communities with the aim of addressing the root causes of economic inequality. Bio: Avery Ebron loves opportunities to collaborate with under-appreciated communities to develop products and places that facilitate agency, equity, and symbiotic relationships. As Head of Community Products and Operations, Avery guides the design and delivery of The Guild’s mission to build community wealth in BIPOC communities. Prior to The Guild, Avery worked at Clearinghouse CDFI, where he led the design and development of financial products for businesses and nonprofits serving disinvested neighborhoods. Avery is also co-founder of the Dismantle Collective and the Healing Justice Collective, creating and curating spaces for healing for people of color. In his spare time, Avery enjoys teaching kids how to play chess and occasionally losing to them. Key quotes: “Our focus is closing the racial wealth gap through real estate, entrepreneurship programs, and access to capital. After starting out with an accelerator co-living focus and working with neighborhood developers, we pivoted to understanding that ownership and community stewardship of real estate is the key to moving power into those communities, and so we moved into real estate.” “Our current flagship initiative is Ground Cover, and the mission is to seed and develop community-owned and -controlled real estate models that allow marginalized communities to collect assets in their neighborhood and develop power and self-determination.” Get in Touch: Website: www.theguild.community Flagship initiative: www.groundcover.us Links/socials: Community form: https://form.jotform.com/210667377881871 Instagram: https://www.instagram.com/guildcommunity/ Twitter: https://twitter.com/guildatl Facebook: https://www.facebook.com/theguildATL Additional Resources: Join us to discuss what you're hearing on the podcast! Angels of Main Street is a community of investors with no minimum wealth or income requirement to join.  If you'd like to be part of a community of diverse investors who want to make a difference with their dollars, please join us in Angels of Main Street! Episode Credit: Intro and outro are voiced by Marina Verlaine. She can be contacted at [email protected]