Atlanta Proposes Affordable Housing Action Plan

A City of Atlanta Housing Affordability Plan was recently unveiled by Mayor Keisha Lance Bottoms. The Plan was a collaborative effort that acts as a roadmap to increase the number of residents who can afford housing costs.

Several nonprofits, city agencies, philanthropic organizations, private companies, educational institutions, faith-based groups, residents, and community members came together to create the Plan roadmap under the banner of House ATL to develop recommendations.

The Plan is based on four key goals that include 13 initiatives. These four goals are to: create or preserve 20,000 affordable homes by 2026 and increase overall supply; invest $1 billion from public, private, and philanthropic sources in the production and preservation of affordable housing; ensure equitable growth for all Atlanta residents and minimize displacement; and support innovation and streamline processes.

The Plan includes 4% Low Income Housing Tax Credits from Georgia Department of Community Affairs and Tax-Exempt Bonds and Housing Opportunity Bonds from Invest Atlanta. The first mortgage financing is provided by Red Capital while the Federal and State equity investor is RBC Bank. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Novel Giving Strategy - Letting Nonprofits Decide How to Use Funding

Jeff Bezos, founder, CEO, and president of Amazon.com, decided to try something different with his new billion-dollar charity, Day One Families Fund. Bezos, through his charity, announced that he...more

Key Lessons in Strategic Giving

Bruce DeBoskey, J.D., a philanthropic strategist working across the U.S. with The DeBoskey Group, shares key lessons in strategic giving. DeBoskey writes about his experiences while stating that...more

3 Ways to Optimize a Charitable Gift
Foundation: Denver Foundation, New York Community Trust

Jessica Hicks, an editorial fellow at Thrive Global, writes that giving shouldn't be a stressful experience. Hicks quotes Sarah Harrison, the vice president of philanthropic services at The Denver...more

Community Foundation Asset Growth Stalls While DAF Giving Outpaces Trends

The Columbus Survey's latest results of community foundations for fiscal year 2018 are now live. The survey is an annual effort by CF Insights, a service of Candid, establishes a baseline...more

Strengthening Democracy in the Digital Age
Foundation: Knight Foundation

Sam Gill, vice president of communities and impact at Knight, shares details about the Knight Foundation's recent $50 million investment to develop a new field of research around technology's impact...more

Millennial Impact Report: 10 Years Looking Back
Foundation: Case Foundation

Jean Case, philanthropist and investor, shares some findings from over a decade of research led by the Case Foundation. The research, titled Millennial Impact Report: 10 Years Looking Back, has...more

Applications Solicited for Women Business Owner Awards

The National Association of Women Business Owners Philadelphia Center for Advancing Entrepreneurs is seeking female business owners in the Greater Philadelphia area for its Women Business Owner...more

Hong Kong Billionaire Talks Philanthropy And Creating An Award Like The Nobel Prize

Hong Kong Billionaire and the 88th richest person on earth, Lui Che Woo, recently sat for an interview with Forbes at his office in North Point to discuss his philanthropy and business...more

A Billionaire Criticizes Donor Advised Funds

John Arnold, a Houston-based billionaire, has been criticizing donor-advised funds (DAFs) in a way that shook the world of philanthropy. In an interview with Arnold, Theodore Schleifer of Vox,...more

Philanthropy - The Ubuntu Way

Philanthropy is called Ubuntu in South Africa. According to Dr Precious Moloi-Motsepe, Ubuntu is the African institutional knowledge of their interconnected well-being. Moloi-Motsepe, co-founder...more







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New Age of Philanthropy: #GivingTuesday


New Age of Philanthropy: #GivingTuesday

A part of a series produced by The Huffington Post in celebration of #GivingTuesday, which will take place this year on December 3, Kathy Calvin and Henry Timms vouch that we are living in a new era of philanthropy.




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Edited by: Michael Saunders

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