Grantee Profile
Low Income Investment Fund
Grants to Low Income Investment Fund
-
$1,500,000Active Strategy
2010 (Duration 4 months)
Program-Related Investments
SAN FRANCISCO, CALIFORNIA — To create refinance mortgage products to assist homeowners in Chicago at risk of losing their homes to foreclosure.
The MacArthur Foundation awarded Low Income Investment Fund $1,500,000 between 2010 and 2013.
Related News
See All
September 20, 2012 - Publication
Investing In What Works for America’s Communities
With poverty affecting one in six Americans, a new report by leaders in the private, public, and nonprofit sectors proposes innovative ideas that can bring new vitality to struggling communities. More
June 24, 2010 - From the field
CDFIs Receive Funding to Support Charter Schools
As part of a new $325-million JP Morgan Chase initiative, two Foundation-backed community development financial institutions will receive grants and access to $175 million in new low-cost debt to finance top-performing charter schools. More
December 23, 2009 - From the field
Congress Approves New Spending for CDFIs
In a victory for community financial development institutions (CDFIs), newly-passed legislation includes $247 million for the CDFI Fund of the U.S. Treasury Department — a dramatic increase over its $107 million budget in 2009. More
