Center for Responsible Lending
Grants to Center for Responsible Lending
2011 (Duration 4 years)
MacArthur Award for Creative & Effective Institutions
DURHAM, NORTH CAROLINA — The proposed grant will be used to build a permanent endowment so that CRL can continue its work in addressing the need for safe, sustainable credit products. Earnings on this endowment will allow the organization to engage in a strategic planning process, so that it may address both the current opportunity for implementation of the reforms from the Dodd-Frank bill and its changing role as watchdog for the new Consumer Financial Protection Bureau.
2008 (Inactive Grant)
Community & Economic Development
DURHAM, NORTH CAROLINA — In support of research, policy analysis, and public education to curb predatory lending and to advance a comprehensive home foreclosure prevention and mitigation initiative in the City of Chicago (over two years).
The MacArthur Foundation awarded Center for Responsible Lending $2,500,000 between 2003 and 2013.