Community Development

News in “Community Development”

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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

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

Remarks by Jonathan Fanton at the Community Renewal Society’s 35 Under 35 Leadership Awards

MacArthur President Robert Gallucci highlights the Foundation's work with CRS, a grantee, and its leader, Calvin Morris. Read More

New Task Force Coordinates Federal Transportation and Housing Investments

Citing research and work supported by the Foundation, Housing and Urban Development Secretary Shaun Donovan and Transportation Secretary Ray LaHood announced a new partnership to help American families gain better access to affordable housing, more transportation ... Read More

Foreclosure Filings Continue to Grow in Chicago Region

This report from MacArthur grantee the Woodstock Institute shows that foreclosure filings in the Chicago region continue to grow. Read More

How Housing Matters to Families & Communities 2008 Grant Recipients

Boston Medical Center/Children's HealthWatch (2008) Initiative for a Competitive Inner City (2008) Mayor's Fund to Advance New York City/Department of Housing Preservation and Development (2008) Northwestern University (2008) University of Wisconsin-Madison (2008 ... 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

Remarks by MacArthur President Jonathan Fanton at the City of Chicago’s Foreclosure Press Conference

MacArthur President Jonathan Fanton describes new Foundation initiatives intended to help stabilize Chicago neighborhoods hard hit by vacancy and foreclosure. 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

Community Development Banks Gain Access to New Federal Funds

The Treasury Department announced that banks that are certified as community development financial institutions (CDFIs) can utilize funds from the government’s $700-billion financial rescue package. Read More

MacArthur's Grantmaking in Difficult Economic Times

Jonathan F. Fanton remarks on MacArthur's commitment to remaining a long-term, steadfast funder even in difficult economic times. Read More

Helping Chicago Organizations Increase Their International Connections

MacArthur awarded $260,000 in new grants to help diverse Chicago organizations increase their international connections with eight countries. 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