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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.
"Every moment spent in the lab brings PCRF's doctors and researchers closer to finding cures, underscoring the importance of every contribution, big and small." That's the message from the...more
"Thanks to donors like you, ECU is an engine of opportunity for our students, a hub for economic development and industry, and a provider of first-class health care to the people of eastern North...more
Every year, the world's richest people gather in Sydney to raise money for children's hospitals, and this year's event is no exception. The Sydney Morning Herald reports Australia's richest...more
"We are committed to being an industry leader in creating a culture where every individual is valued, respected, and can fully contribute their best selves." So says Hillary Wirtz, the senior...more
Foundation: National Philanthropic Trust
Donor-advised funds, which allow donors to store money in a private account and have it directed to charities without having to set up a private foundation, are a popular way to donate in the...more
When Michael Crow heard about New York's New York Presbyterian Hospital's Lang Youth Medical Program, his first thought was, "What can I do to support this amazing program?" Crow is a member of the...more
Bo and Donna Gossett have pledged $2.5 million to help create the "No. 1 student experience in the country," according to a press release from Clemson University. The couple's gift will go to...more
For two days in March, music fans gathered in Phoenix's Steele Indian School Park for the McDowell Mountain Music Festival, which featured electronic dance music (EDM), R&B, and indie rock. But...more
The University of Kentucky is looking for a director of philanthropy to lead its major gift fundraising efforts, the Lexington Herald-Leader reports. The ideal candidate has a bachelor's degree...more
Foundation: Rockefeller Foundation, Winthrop Rockefeller Foundation
The University of Arkansas at Pine Bluff is honoring five people for their "extensive community involvement, philanthropic endeavors, and exemplary service to the community," per a release. The...more
Philanthropy News from...
San Francisco Foundation
United Nations Foundation
Carnegie Corporation of New York
MacArthur Foundation
Community Giving Foundation
National Philanthropic Trust
Rockefeller Foundation
Winthrop Rockefeller Foundation
Chester County Community Foundation
Community Foundation of the Central Blue Ridge
Social Entrepreneurship
Spotlight
Calgary Social Enterprise Offers High-Tech Services by People with Autism
Meticulon, a project of Autism Calgary Association in partnership with the federal government and the Sinneave Family Foundation, operates as a social enterprise that renders high-tech services provided by people with autism, leveraging their natural abilities at requiring attention to detail, repetition, and sequencing.
