Center for Community Self-Help Self-Help Ventures Fund

Center for Community Self-Help Self-Help Ventures Fund News

President Signs Bill Creating New Consumer Financial Protection Agency

MacArthur grantee the Center for Responsible Lending played a lead role in the formation of the Bureau, which will put in place comprehensive mortgage protections and help borrowers facing foreclosure. Read More

Bank of America Eliminates Costly Overdraft Fees

Research and advocacy by MacArthur grantee the Center for Responsible Lending played a leading role in spurring the bank's policy shift, expected to save customers hundreds of millions of dollars. Read More

Federal Funds for Chicago Foreclosure Prevention and Mitigation

The City of Chicago received $98 million from the U.S. Department of Housing and Urban Development to expand a MacArthur-supported initiative launched last year to prevent and reduce foreclosures. Read More

New Investments for Community Development Financial Institutions

Community Development Financial Institutions (CDFIs) will receive new investments based on the efforts of a number of MacArthur grantees. Read More

Stabilizing Neighborhoods Hit by Foreclosure Crisis

Mayor Richard M. Daley outlined the city’s plans for using more than $55 million from federal and private sources to revitalize Chicago neighborhoods hardest hit by the national mortgage foreclosure crisis. Read More

MacArthur Commits $68 Million to Foreclosure Prevention and Mitigation in Chicago

To help combat the growing lending crisis and the rise of foreclosures in Chicago, MacArthur is investing $68 million in grants and low-interest loans in foreclosure prevention and mitigation efforts in local neighborhoods. Read More

Remarks by Jonathan Fanton at the Announcement of the Foreclosure Prevention & Mitigation Project

MacArthur President Jonathan Fanton details the Foundation's commitment of at least $68 million dollars to keep homeowners in homes, assist renters displaced by foreclosure, and help the City of Chicago return foreclosed homes to the ... Read More

Ohio Sets Cap on Payday Loan Interest Rates

Ohio Governor Ted Strickland signed legislation that will cap interest rates on payday loans to 28 percent, compared with current rates that approach 400 percent. MacArthur grantee the Center for Responsible Lending provided technical assistance, research ... Read More

“Building Institutions for Social Change: The Case for Buy-and-Hold Philanthropy,” Keynote Speech by Jonathan Fanton at the PRI Makers Network Conference

MacArthur President Jonathan Fanton relays his passion for program-related investments and urges other foundations to join MacArthur in that area. Read More

Self-Help Receives $5 Million

The funding, consisting of a $2 million grant and the conversion of a $3 million low-interest loan to a grant, is designed to assist Self-Help in expanding their development financing work in several program areas. Read More