This opinion piece from MarketWatch highlights workforce housing, where impact investors can leverage on to create affordable housing.
Meredith Jones, an alternative-investment consultant and author, writes that affordable housing is an issue that is ripe for impact investing strategies. She adds that with impact investing, an investor can generate an attractive return on investment while simultaneously effecting positive change in the world.
In the case of affordable and workforce housing, investors seeking to create a positive impact by increasing the number of reasonably priced rental units can look to REITs (real estate investment trusts).
Jones listed down some REITS that offer affordable and workforce housing options. They include: NexPoint Residential Trust, Reven Housing REIT, and Mid-America Apartment Communities. Read the Entire Article
A customized collection of grant news from foundations and the federal government from around the Web.
The World Bank’s Development Marketplace, a competitive grants program, has provided $1.4 million grants to 12 social enterprises in the northeastern states of Assam, Meghalaya and Mizoram for development activities and capacity building investments.