News

CHAI featured in Next City article

Announcements, Media

July 2024

We were honored to be featured in this Next City article regarding our pioneering work with the CHAI Tenant Equity Vehicle (“TEV”) and the upcoming Prop 123 TEV that will bring this benefit for more and more renters across the state.

Across government, philanthropy, and for-profit sectors, Colorado continues to be a leader in innovative approaches to affordable housing and economic opportunity for low and middle income families.  We are honored to be a part of this community.

ABOUT WEAVE FUND MANAGEMENT 

Weave Fund Management is the sponsor and manager of the Colorado Housing Accelerator Initiative (“CHAI”), Debt and Equity Funds and the associated Tenant Equity Vehicle (“TEV”) Program. The CHAI Funds and the TEV Program comprise Weave’s impact-first fund management practice. Learn more about Weave at www.weavefinance.com.

ABOUT COLORADO HOUSING ACCELERATOR INITIATIVE

The Colorado Housing Accelerator Initiative is an impact-first social enterprise that pools mission-driven capital and deploys it to middle-income housing projects in Colorado through both debt and equity funding and provides an innovating Tenant Equity Vehicle (TEV) Program to renters in select portfolio properties. Beginning in 2020, Weave Social Finance incubated the CHAI program as part of its regional impact investment strategy. Learn more about CHAI at www.chaifunds.com.