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Program-Related Investments

Recent PRIs

Program-Related Investments

Number of Grants: 29

Aeon Homes (Minneapolis, Minnesota)
$1,500,000 program-Related Investment to support preservation of affordable rental housing in Minnesota as part of the Window of Opportunity: Preserving Affordable Rental Housing initiative. (2007)

BRIDGE Housing Corporation (San Francisco, California)
$3,000,000 program-Related Investment to acquire and preserve affordable rental housing, as part of the Window of Opportunity: Preserving Affordable Rental Housing initiative. (2007)

Calvert Social Investment Foundation (Bethesda, Maryland)
$2,000,000 program-Related Investment to capitalize new loans to be made via MicroPlace, an online marketplace that allows individuals to invest in international microfinance organizations. (2007)

Center for Community Self-Help Self-Help Ventures Fund (Durham, North Carolina)
$15,000,000 program-Related Investment to support the creation of a new lease-purchase mortgage product, as part of the Foreclosure Prevention and Mitigation Project. (2008)

Chicago Community Loan Fund (Chicago, Illinois)
$500,000 to preserve affordable rental housing in Chicago as part of The Preservation Compact. (2008)

Common Ground Community (New York, New York)
$2,000,000 program-Related Investment to support preservation of affordable rental housing across the United States as part of the Window of Opportunity: Preserving Affordable Rental Housing initiative. (2007)

CommonBond Communities (St Paul, Minnesota)
$1,500,000 program-Related Investment to preserve affordable rental housing as part of the Window of Opportunity: Preserving Affordable Rental Housing initiative. (2007)

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

Community Builders (Boston, Massachusetts)
$2,000,000 program-Related Investment to support preservation of affordable rental housing in the Northeast, Mid-Atlantic, and Midwest regions of the United States. (2007)

Community Economic Development Assistance Corporation (Boston, Massachusetts)
$3,500,000 program-Related Investment in support of predevelopment financing for nonprofits seeking to preserve affordable rental housing in Massachusetts. (2008)

Community Investment Corporation (Chicago, Illinois)
$1,000,000 program-Related Investment in support of a new "energy savers" loan fund for the Preservation Compact of Cook County. (2007)

Community Preservation and Development Corporation (Washington, D.C.)
$2,000,000 program-Related Investment to acquire and preserve affordable rental housing, as part of the Window of Opportunity: Preserving Affordable Rental Housing initiative. (2007)

Family Housing Fund (Minneapolis, Minnesota)
$900,000 program-Related Investment for a revolving loan fund to finance short-term affordable housing preservation needs in the Twin Cities metropolitan area. (2008)

Greater Minnesota Housing Fund (Saint Paul, Minnesota)
$600,000 program-Related Investment for a revolving loan fund to finance short-term affordable housing preservation needs in the area of Minnesota outside the Twin Cities. (2008)

Gulf Coast Housing Partnership (New Orleans, Louisiana)
$1,500,000 program-Related Investment to support the production and preservation of 10,000 affordable homes in the Gulf Coast region. (2008)

Iowa Finance Authority (Des Moines, Iowa)
$2,000,000 program-Related Investment for predevelopment and energy-efficiency improvement loans to preserve affordable rental housing in Iowa. (2008)

Local Initiatives Support Corporation (Chicago, Illinois)
$1,000,000 program-Related Investment to help fund loans made by the Preservation Compact Fund. (2008)

Maryland Department of Housing and Community Development (Crownsville, Maryland)
$4,000,000 program-Related Investment for short-term predevelopment and acquisition financing to preserve affordable rental housing near military bases in eight counties. (2008)

Mercy Housing Lakefront (Chicago, Illinois)
$1,750,000 program-Related Investment to support the preservation of affordable rental housing in the Chicago area as part of the Window of Opportunity: Preserving Affordable Rental Housing initiative. (2008)

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 Church Residences (Columbus, Ohio)
$3,000,000 program-Related Investment to support preservation of affordable rental housing across the United States as part of the Window of Opportunity: Preserving Affordable Rental Housing initiative. (2007)

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)

Network for Oregon Affordable Housing (Portland, Oregon)
$4,000,000 program-Related Investment for short-term acquisition financing to preserve affordable rental housing in Oregon. (2008)

Ohio Capital Finance Corporation (Columbus, Ohio)
$4,000,000 program-Related Investment for acquisition and bridge financing to preserve affordable rental housing in Ohio. (2008)

Opportunity Finance Network (Philadelphia, Pennsylvania)
$25,000,000 program-Related Investment in support of major funding for ten premier Community Development Financial Institutions that will be selected over the next five years through a new national program conducted in partnership with Wachovia Bank. (2007)

Preservation of Affordable Housing (Boston, Massachusetts)
$1,000,000 program-Related Investment to acquire and preserve affordable rental housing, as part of the Window of Opportunity: Preserving Affordable Rental Housing initiative. (2007)

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)

Vermont Housing Finance Agency (Burlington, Vermont)
$2,000,000 program-Related Investment for predevelopment, equity bridge, and energy improvement financing to preserve affordable rental housing. (2008)

Volunteers of America (Alexandria, Virginia)
$2,000,000 program-Related Investment to support the preservation of affordable rental housing across the U.S. as part of the Windows of Opportunity: Preserving Affordable Rental Housing initiative. (2008)

John D. and Catherine T. MacArthur Foundation
140 S. Dearborn Street, Chicago, IL 60603-5285 USAPhone: (312) 726-8000TDD: (312) 920-6285
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