News in “Program-Related Investments”
Page 4 of 6. Return to the Program-Related Investments program
October 26, 2010 -
From the field
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
October 19, 2010 -
From the field
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
September 30, 2010 -
From the field
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
August 10, 2010 -
From the field
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
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. Read More
May 1, 2010 -
Info sheet
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
March 25, 2010 -
From the field
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
March 2, 2010 -
From the field
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
December 31, 2009 -
Info sheet
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
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. Read More
November 25, 2009 -
From the field
New Investments for Community Development Financial Institutions
Community Development Financial Institutions (CDFIs) will receive new investments based on the efforts of a number of MacArthur grantees. Read More
October 16, 2009 -
From the field
Wachovia NEXT Awards Recognize Organizations for Investing in Community Development
Two of the nation’s leading community development financial institutions — New Hampshire-based Community Loan Fund and Kentucky-based Federation of Appalachian Housing Enterprises — received the 2009 Wachovia NEXT Awards for Opportunity Finance. Read More
