Program-Related Investments

Recent PRIs

Program-Related Investments

Number of Grants: 10

Center for Community Self-Help Self-Help Ventures Fund (Durham, North Carolina)
$1,500,000 to create refinance mortgage products to assist homeowners in Chicago at risk of losing their homes to foreclosure. (2010)

Community Builders (Boston, Massachusetts)
$2,000,000 program-Related Investment in support of preservation of affordable rental housing in the Northeast, Mid-Atlantic, and Midwest regions of the United States. (2009)

Community Investment Corporation (Chicago, Illinois)
$5,000,000 to support construction financing through a program related investment for the redevelopment of foreclosed homes as part of City of Chicago's Neighborhood Stabilization Program. (2010)

Low Income Investment Fund (San Francisco, California)
$1,500,000 to create refinance mortgage products to assist homeowners in Chicago at risk of losing their homes to foreclosure. (2010)

MB Financial Bank (Chicago, Illinois)
$970,000 a program-related investment in the form of a deposit to provide credit enhancement for a loan fund for the MacArthur Foundation's arts and culture grantees. (2011)

National Affordable Housing Trust (Columbus, Ohio)
$2,000,000 program-Related Investment to support the preservation of affordable rental housing across the U.S. as part of the Window of Opportunity: Preserving Affordable Rental Housing initiative. (2009)

National Community Stabilization Trust (Washington, D.C.)
$3,000,000 program-Related Investment to launch the National Community Stabilization Trust as part of the Foreclosure Prevention and Mitigation Project. (2009)

Neighborhood Lending Services (Chicago, Illinois)
$174,604 a program-related investment to support financial innovations that help prevent foreclosures and reduce the inventory of vacant residential properties in Chicago. (2011)

ShoreBank (Chicago, Illinois)
$1,000,000 program-Related Investment to support the creation of a Working Capital Loan Fund targeted to the Foundation's small and medium sized arts grantees. (2009)

Urban Partnership Bank (Chicago, Illinois)
$3,000,000 to create refinance mortgage products to assist homeowners in Chicago at risk of losing their homes to foreclosure. (2010)