The Colorado Trust

About the fund

The Dearfield Fund for Black Wealth is an impact investment vehicle sponsored by Gary Community Ventures that expands access to homeownership for Black first-time buyers through shared-equity financing. It provides down-payment assistance in exchange for a portion of future home appreciation, aligning investor returns with homeowner wealth creation. The structure is designed to be non-extractive and recyclable, enabling capital to be redeployed while generating modest financial returns alongside measurable social impact. By addressing structural barriers to asset ownership, the fund advances racial equity and positions homeownership as a scalable pathway to intergenerational wealth building.