Program-Related Investments

By providing flexible loans and other financial instruments, known as program-related investments, the Foundation helps nonprofit and social enterprises grow and leverage capital to meet the needs of underserved people and communities. Read our strategy

What's New

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"Saving Affordable Housing "

From The Wall Street Journal
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"Nonprofit Firms Form REIT "

From LINC Housing Corporation
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"The Untapped Power of PRIs"

From the Financial Advisor
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"The Untapped Power Of PRIs"

From Private Wealth
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NEXT Awards for Opportunity Finance Honor Three Community Development Finance Institutions thumbnail

NEXT Awards for Opportunity Finance Honor Three Community Development Finance Institutions

The Clearinghouse CDFI, the Primary Care Development Corporation, and the Corporation for Supportive Housing have been announced as the winners of the NEXT Awards for Opportunity Finance. Read More
Investing In What Works for America’s Communities thumbnail

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. Read More
The Opportunity Fund Wins Award for Innovative Small Business Loan Product thumbnail

The Opportunity Fund Wins Award for Innovative Small Business Loan Product

San Jose-based community lender The Opportunity Fund has won the $100,000 NEXT Seed Capital Award for its innovative EasyPay financing product. Read More
Treasury Department Supports CDFIs thumbnail

Treasury Department Supports CDFIs

The U.S. Department of the Treasury announced more than $186 million in grants and low-cost loans to community development financial institutions (CDFIs) across the country. Read More
  • Mission Investors Exchange

    A place where philanthropic leaders and innovators share ideas, tools, and experiences in order to increase the impact of their capital.

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  • Strength Matters Initiative

    A MacArthur-supported network of nonprofit affordable housing owners and developers supporting the growth, sustainability, and impact of the industry

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  • CARS: the CDFI Assessment and Ratings System

    CARS, a MacArthur grantee, provides comprehensive, third-party assessments of community development financial institutions' impact and financial performance.

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Staff

Portrait of Valerie Chang

Valerie Chang

Interim Managing Director, U.S. Programs
Portrait of Debra Schwartz

Debra Schwartz

Director, Program-Related Investments
Portrait of Allison Clark

Allison Clark

Associate Director of Impact Investing
Portrait of Urmi Sengupta

Urmi Sengupta

Program Officer, Impact Investing

Marion Goldfinger

Program Assistant
Portrait of Beth Gutelius

Beth Gutelius

Research Assistant
Portrait of Louise Powell

Louise Powell

Staff Assistant