News in “Program-Related Investments”

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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

Remarks by Jonathan Fanton at the Announcement of the Foreclosure Prevention & Mitigation Project

MacArthur President Jonathan Fanton details the Foundation's commitment of at least $68 million dollars to keep homeowners in homes, assist renters displaced by foreclosure, and help the City of Chicago return foreclosed homes to the ... Read More

Ohio Sets Cap on Payday Loan Interest Rates

Ohio Governor Ted Strickland signed legislation that will cap interest rates on payday loans to 28 percent, compared with current rates that approach 400 percent. MacArthur grantee the Center for Responsible Lending provided technical assistance, research ... Read More

“Building Institutions for Social Change: The Case for Buy-and-Hold Philanthropy,” Keynote Speech by Jonathan Fanton at the PRI Makers Network Conference

MacArthur President Jonathan Fanton relays his passion for program-related investments and urges other foundations to join MacArthur in that area. Read More

Preserving Affordable Rental Housing Across the Country

MacArthur will invest $150 million to preserve and improve at least 300,000 units of affordable rental housing across the country, tripling a commitment announced four years ago. Read More

Awards for State and Local Housing Preservation Leaders

MacArthur provided $35 million in new funding for innovative public sector initiatives to preserve and improve the existing stock of privately owned affordable rental homes Read More

ENewsletter: Unlocking Capital: PRIs Extend Philanthropy’s Reach

Contents Unlocking Capital: PRIs Extend Philanthropy's Reach A Strategic Focus Getting Results For More Information   Unlocking Capital: PRIs Extend Philanthropy’s Reach Representatives of 150 foundations are gathering this month at Stanford University to share ... 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