News in “Program-Related Investments”

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Innovative Public-Private Partnership Introduces $100 Million Program to Preserve Affordable Rental Homes

An innovative partnership to finance the preservation of federally-subsidized rental housing in underserved markets brings together major financial institutions, philanthropy, and the federal government. Read More

Nonprofit Lender Gets $5.5m

Boston Globe
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President Signs Bill Creating New Consumer Financial Protection Agency

MacArthur grantee the Center for Responsible Lending played a lead role in the formation of the Bureau, which will put in place comprehensive mortgage protections and help borrowers facing foreclosure. Read More

Wachovia Wells Fargo NEXT Awards for Opportunity Finance Awards Two Outstanding CDFIs $8.25 Million

Boston Community Capital and Enterprise Cascadia were each recognized as two of the nation's top-performing community development financial insitutions. Read More

First Look Program to Help Stabilize Struggling Communities

The nation’s top mortgage lenders agreed to offer selected state and local governments and nonprofit organizations right of first refusal to purchase foreclosed homes. Read More

Wachovia Wells Fargo Next Awards for Opportunity Finance Announce 2010 Finalists

Four leading community development financial institutions are competing for $8.25 million. Read More

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. Read More
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Program-Related Investments

To expand the reach of its grantmaking, the MacArthur Foundation makes low-cost loans and equity investments, known as program-related investments, to support charitable organizations and activities. Read More

Bank of America Eliminates Costly Overdraft Fees

Research and advocacy by MacArthur grantee the Center for Responsible Lending played a leading role in spurring the bank's policy shift, expected to save customers hundreds of millions of dollars. Read More

First Lady Highlights Need for Grocery Stores in Underserved Communities

As part of a campaign to prevent childhood obesity, First Lady Michelle Obama and the Secretaries of Agriculture and Treasury visited a Philadelphia grocer supported by MacArthur grantee The Reinvestment Fund, which helps finance grocery stores ... 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
  • 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 Julia M. Stasch

Julia M. Stasch

Vice President, U.S. Programs
Portrait of Debra Schwartz

Debra Schwartz

Director, Program-Related Investments
Portrait of Allison Clark

Allison Clark

Associate Director of Impact Investing

Marion Goldfinger

Program Assistant
Portrait of Beth Gutelius

Beth Gutelius

Research Assistant
Portrait of Louise Powell

Louise Powell

Staff Assistant