LISC Charlotte has launched the second cohort of its Real Estate Developer Incubator (REDi) program, a seven-week initiative designed to help “emerging developers” gain traction in Charlotte’s fast-paced real estate market.

LISC Charlotte launched the program in November 2024 with 14 participants and financial support from Wells Fargo and the city of Charlotte.

Cohort 2 recently launched with 15 participants.

Harold Lloyd, LISC Charlotte’s senior program officer, said nearly all developers accepted into the program have completed at least one project, primarily in one of the city’s “corridors of opportunity.”

Program participants receive technical assistance, one-on-one coaching, and networking opportunities. Each cohort ends with a pitch competition before potential funders.

Lloyd sa

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