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Grantees Launch Innovative Foreclosure Prevention Program

The U.S. Treasury has approved the launch of the Mortgage Resolution Fund developed by Mercy Portfolio Services, a nonprofit organization created with start-up funding from the Foundation. With $100 million in funding from the Illinois ... Read More

Window of Opportunity Investment Summary

The MacArthur Foundation is investing $150 million to preserve and improve affordable rental homes across the U.S. 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