Facebook commits $150 Million to Bay's Future Fund. LISC will help put these dollars to work promoting affordable housing development in the San Francisco Bay Area.
The commitment from Facebook is a multi-sector collaboration of LISC, the Chan Zuckerberg Initiative, The San Francisco Foundation and other philanthropic, corporate and community partners, all dedicated to creating solutions the Bay Area's affordable housing crisis.
Bay's Future Fund, one of the nation's largest affordable housing funds which LISC manages. The Partnership supports everything from renter protection policies to preservation and production of affordable housing to keep families in their homes and neighborhoods, reverse displacement trends, and create a more vibrant Bay Area. Read the Entire Article
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Adam Braun, founder of Pencils of Promise, is giving nonprofits a no-nonsense way to bring entrepreneurship to the next level. Pencils of Promise is a philanthropic organization that focuses on forming sustainable educational programs, and forging long-lasting, partnerships with communities. The organization aims to increase access to quality education and impact students and their families in high-need communities throughout Laos, Ghana and Guatemala.