2019 MassHousing Annual Report - Page 20



DIVERSITY
AND INCLUSION
Leveraging the economic potential of housing,
connecting diverse businesses with opportunity
Construction Contracts
Our Diversity & Inclusion Team will soon become
‘Business Engagement and Inclusion.’ It’s a more
direct reflection of our engagement with diverse
businesses and our work to connect them with
a plethora of economic opportunities within the
housing ecosystem. Through our long-standing
collaboration with general contractors and property
management companies, we set contracting goals
for hiring minority and women business enterprises
(MBEs and WBEs) and track the progress toward
those goals. Our trade fairs also provide valuable
networking and match-making opportunities
for diverse small businesses and our rental
housing partners.
$296 million
Total contracts awarded at
21 MassHousing-financed construction projects
$62 million
Awarded to MBEs
Awarded to WBEs
1.2 million
Hours worked at MassHousing-financed
construction projects
588,000
Hours worked by
minority personnel
28,000
Hours worked by
women personnel
Management Company
Contracts
$230.3 million
Total contracts awarded at
multifamily properties
$37.7 million $27.2 million
Went to MBEs
18
Went to WBEs

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