Recognizing the relationship between affordable housing and successful human and community development, MacArthur supports the Window of Opportunity initiative, which seeks to preserve the stock of affordable rental housing, and a comprehensive research program on how housing matters to families and communities.
A new report by MacArthur grantee the Center for Housing Policy says housing costs are increasing for low- and moderate-income families despite a decline in housing prices. Learn more »
New research by the National Low Income Housing Coalition, a MacArthur grantee, finds a shortage of affordable rental housing for the lowest income households in the U.S. Read the report (PDF) »
The National Community Stabilization Trust, a new collaborative venture of nonprofit housing organizations, financial institutions, and private philanthropies — including the MacArthur Foundation — announced the launch of its national effort to help revitalize communities with high concentrations of foreclosed and abandoned homes. Read more »
Twelve states and cities are launching innovative projects to preserve more than 70,000 affordable rental homes, with $32.5 million in new support from the MacArthur Foundation. Read more »
To help combat the growing lending crisis and the rise of foreclosures in Chicago, the MacArthur is investing $68 million in grants and low-interest loans in foreclosure prevention and mitigation efforts in local neighborhoods. Read more »
More than 60 percent of Seattle voters approved, for the second time, a levy that will fund the construction or preservation of apartment buildings that serve low- to moderate-income seniors and disabled people, formerly-homeless individuals, and low-wage working families. This new levy will enable the Seattle Office of Housing, a MacArthur grantee, to help make strategic purchases of buildings or land. The effect will be to secure the long-term affordability of properties that, in better economic times, might have become market-rate apartments or condos. Over the next seven years, the levy is expected to raise $145 million dollars and produce or preserve nearly 2,000 affordable homes.
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