Sign Up For Novogradac Industry Alert Emails

Diversity, Equity, and Inclusion at Novogradac

Diversity, equity and inclusion (DEI) has been at the center of Novogradac’s work since its founding in 1989. The organization has for decades specialized in incentives designed to benefit under-resourced communities, from affordable housing to community development, historic preservation, renewable energy and much more. Novogradac brings that same commitment of DEI to its employees through our company culture.

Novogradac’s DEI efforts are led by our social impact office. Our chief social impact officer Amy Hook, who reports directly to a member of our executive committee, leads the social impact office. Aside from DEI, the social impact office’s work includes other internal culture-building initiatives, as well as community engagement programming like volunteerism, matching gifts, and partnerships directed toward increasing Black, Indigenous and People of Color (BIPOC) and Lesbian, Gay, Bisexual, Transgender, Queer (LGBTQ+) representation in community development finance and the accounting industry. 

Novogradac’s DEI strategy focuses on three primary areas: internal governance addressing systemic change, including data collection and analysis; learning and development to increase the intercultural knowledge and competence of our workforce; and employee engagement and culture to ensure we are creating an inclusive and equitable environment where all employees feel like they belong. Above all, the strategy puts people at the center.

We released the Novogradac statement on diversity, equity, and inclusion, which describes how Novogradac defines DEI, our strategic approach to DEI and DEI-related commitments we have made. It signifies to all stakeholders that Novogradac has adopted a strategic approach to DEI and demonstrates our continuing commitment to do more. Some examples of our work include:

  • Conducting annual pay equity reviews and remediating any significant findings.
  • Reviewing DEI metrics with leadership. 
  • Establishing a strategy and focused recruiting efforts to bring more BIPOC and LGBTQ+ individuals into the firm.
  • Developing internal training and other educational resources for employees and partners.
  • Conducting review of firm documents and templates to increase the usage of inclusive language and the removal of gender-specific terms and salutations. 

Novogradac is proud of the societal benefits generated by our focus areas including affordable housing, urban renewal, historic preservation, and renewable energy. We also recognize that opportunities exist to help our communities beyond the tax credit incentives in which we specialize. For that reason, Novogradac supports several charitable organizations, encourages employees to participate in a variety of philanthropic programs and develops partnerships directed toward increasing BIPOC and LGBTQ+ representation in community development finance and the accounting industry. Some of these efforts include:

  • Founding sponsor of the Open Access initiative designed to increase BIPOC representation in community development finance. Novogradac provides virtual education and free conference attendance to all fellows (24 in 2023).
  • Matching gift program that includes a partnership with the National Urban League, the American Red Cross and Arbor Day Foundation whereby Novogradac matches, on a two-to-one basis, all donations made by Novogradac employees.
  • Providing paid time off for employees to support organizations like local food banks and shelters. 
  • Building Opportunities Program focused on introducing students to the possibility of creating a career based on purpose. The 2023 class is 79% BIPOC, 43% female and 14% a part of the LGBTQ+ community (self-identification). 

To learn more about our social impact and DEI work at Novogradac, please visit our Social Impact page and see our 2022 Social Impact Highlight

Learn more about Novogradac's expertise and many services