INVEST YORK ROAD UPDATES - APR. 2023

On a monthly basis, we post a high-level summary of work that has happened with Invest York Road (IYR) over the course of the previous month so that community members can stay informed about the progress being made.

Here are updates for the month of April:

• After several years of working with various community members and individuals with sector-specific knowledge, IYR has now begun organizing and coordinating our advisors in a more formal and intentional way. This process is laying the foundation for an eventual advisory board.
  
• IYR also started to identify specific real estate professionals, contractors, and other professional service providers for our upcoming projects.
  
• Our community engagement team attended an event at the Evergreen Museum & Library featuring Dr. Lawrence Jackson, who wrote a book called Shelter: A Black Tale of Homeland, Baltimore.
  
• In further refinement of our project model, we have figured out a new structure and regulation compliance strategy to make sure that investors share in the losses and returns of all properties in the Invest York Road portfolio rather than just individual properties. This creates a more solid diversified risk structure, which was a solution we had been seeking for some time.
  
• Work continues on finalizing the IYR incorporation and non-profit application processes, which both took another large leap forward and are nearing completion.