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Open Access Fellowship 2022

Application window is now open.  Update:  The application deadline is December 1, 2021.

January - April 2022

Applications are open; the deadline to submit an application is December 1, 2021.  Accepted candidates will be announced January 2022 by Open Access, with training and fellowships scheduled to begin Monday, January 17, 2022. 

 

To submit an application, click here.

To view the fellowship descriptions offered by the Fellowship Providers, please click here.

In conjunction with industry partners, this winter Project REAP supports Open Access – an initiative created by advocates in the New Markets Tax Credits industry to increase diverse representation in community development finance, with a focus on Black & Latinx communities.

The Objective:

  • To increase the representation of diverse professionals at all levels, including (but not limited to) accounting, legal, finance, consultancy, and development

  • To lead by example and exhibit best practices within an industry that is dedicated to improving the lives of under resourced and underrepresented communities nationwide

  • To train talent to serve communities that have been disproportionally affected by the pandemic

The Challenge:

The community development industry concentrates much of its efforts in minority communities across America, yet within the industry there is gross underrepresentation by Black, Latinx and diverse professionals at all levels. Organizations working in these communities, therefore, may lack the proper cultural lens to understand how to best serve those communities. Further, in an industry that relies on career mentorship to advance in the field, BlPOC professionals have lacked onboarding and promotional opportunities in this marketplace. Simply, many do not know what potential career opportunities exist or how to access them.

The Opportunity:

The goal of this program is to provide access for diverse professionals to be trained for careers in the community development industry. Accepted candidates will be:

 

  • Provided access to curriculum through virtual trainings, webinars and conference attendance sponsored by Novogradac & Company LLP

  • Offered paid fellowships with industry participants – a commitment of 160 hours over up to 12 weeks

  • Matched with mentoring trained professionals for career growth opportunities

  • Training and Fellowship will be held from January - April 2022

Note:  Whether currently employed or transitioning, the fellowships offer flexible schedules. 

Requirements:

Applicants must have a 4-year degree (or be a current graduating senior) from an accredited institution and must demonstrate an interest in community development finance.

There is no fee to participate. Open Access has sole responsibility in the screening and selection of accepted fellows.

Accepted candidates will be announced January 2022 by Open Access, with training and fellowships scheduled to begin Monday, January 17, 2022.

For any questions, please contact cdiaz@mongecapital.com.

 

FELLOWSHIP PROVIDERS

 

Advantage Capital

Aspira Advisors

Baker Tilly (LIHTC)

Baker Tilly (NMTC)

Capital Impact Partners

Chicago Community Loan Fund

CohnReznick

Genesis LA

Hunt Capital Partners

Low Income Investment Fund

Merchants Capital

Monge Capital

National Equity Fund

National Trust Community Investment Corporation

New Jersey Community Capital

New Markets Support Company

Novogradac

Ohio Capital Corporation for Housing

R4 Capital

Raza Development Fund

Reinvestment Fund

Rise Community Capital

Stonehenge Capital

TELACU

The Affordable Housing Tax Credit Coalition

INDUSTRY PARTNERS

TRAILBLAZER

Chase

U.S. Bancorp

Dudley Ventures

Hunt Companies

Merchants Capital

Monge Capital

Novogradac

PNC

TELACU

PLATINUM

NORF Companies

GOLD

Advantage Capital

The Bernstein Companies