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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Wachovia NEXT Awards Honor Two Community Development Financial Institutions

New Hampshire-based Community Loan Fund and Kentucky-based Federation of Appalachian Housing Enterprises (FAHE) are the recipients of the 2009 Wachovia NEXT $8.25 million Awards. Read More

Wachovia NEXT Awards Honor CDFIs

The Wachovia NEXT Awards for Opportunity Finance, supported by a $25 million MacArthur program-related investment, honor community development financial institutions (CDFIs). Read More

Window of Opportunity State and Local Housing Preservation Project

This publication describes Window of Opportunity projects in 37 states. Read More

Helping Communities Revitalize Neighborhoods Hit Hard by Foreclosures

The National Community Stabilization Trust, a new collaborative venture of nonprofit housing organizations, private philanthropies, and financial institutions announced the launch of its national effort. Read More

State and Local Housing Preservation Leaders Media Briefing, Remarks by Jonathan Fanton

MacArthur President Jonathan Fanton discusses the Window of Opportunity, in which MacArthur is investing $32.5 million in 12 states, cities, and counties that are innovators in preserving affordable rental housing. Read More

Crisis spurs $116 million in grants | Philanthropy Journal

From the Philanthropy Journal 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

Wachovia NEXT Awards Honor Two Community Development Financial Institutions

Chicago-based IFF and New Mexico-based Homewise were honored at the national 2008 Opportunity Finance Network (OFN) Conference. 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
  • 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