The RLJ Companies and FirstPathway Partners Announce Plans to Create a Community Development Entity to Raise Capital Through the EB-5 Foreign Investment Program and New Markets Tax Credit Program to Invest in Underserved Urban Communities

Robert L. Johnson, founder of Black Entertainment Television and chairman of The RLJ Companies today announced a strategic business relationship between his company and Robert W. Kraft, founder and chairman of FirstPathway Partners (FPP). Together, the companies will form a community development business entity to raise and target capital for underserved U.S. urban markets and the Commonwealth of Puerto