A customized collection of grant news from foundations and the federal government from around the Web.
So says Otis Rolley, president of the Wells Fargo Foundation, in announcing the second annual Housing Affordability Breakthrough Challenge, a $20 million effort from Wells Fargo and Enterprise Community Partners to find solutions to the country's housing affordability problem.
The challenge, which will focus on three categories: financing, construction, and access and resident support, will offer grants of up to $3 million and two years of technical assistance to transform ideas into solutions that can be replicated in the real-world, per a press release.
"We cannot address the serious housing affordability gap in this country without improving access and creating cost savings that will help boost supply," says Jacqueline Waggoner, president of Enterprise's Solutions Division.
Last year's winners, who received $2.5 million in grants to implement their solutions, will be selected by a panel of judges in the fall of 2023, with winners expected to take part in a multi-year initiative to share ideas and cultivate their innovations into solutions that can be applied in communities across the US.
Interested parties can learn more about the competition at Enterprise's website...
Selected Grant News Headlines
Asset manager Nuveen says it has raised $170m for a new fund that aims to make a positive impact on the world, the Guardian reports.
The fund, called the Nuveen Climate and Social Credit Fund,...more
When Danielle Biggs graduated from North Carolina's Elon University in 2014, she planned to pursue a career in dance.
Instead, she became a senior director at Aon Corp., a role that allowed her...more
"We've spent the last few years putting into place a stellar team of professionals to guide Linc into our next phase of growth, bringing innovation and new ideas that will carry our mission...more
Foundation: Friedman Charitable Foundation
Chicago'sbel Friedman is known for his philanthropy, but it's what he and his wife, Avi, have done for Chicago's Jewish community that's caught the attention of the Chicago Tribune.
The couple...more
Susy Struble is running for a seat on the Piedmont Union School District Board of Education in Northern California, and she's making a point to say she's not running for the money.
"I'm running...more
Foundation: MacArthur Foundation
"We are thinking about the whole arc of what it means to support an artist," says Creative Time CEO Jill Magid, "not just the final product, but those moments of community building, those moments of...more
Square Financial Services, a Utah state-chartered industrial bank, opened applications for the 24 Squared grant initiative in partnership with the Community Foundation of Utah.The program will award...more
When Stan Rosenberg founded the Arts Extension Service at the University of Massachusetts in 1960, he envisioned it as a way to "develop and nurture arts and culture in communities and community...more
The Zilber Family Foundation has been around for more than a decade, focusing on affordable housing and community development in Milwaukee.
Now it's adding two new members to its board,...more
When Jack and Joseph Mandel decided to donate $10 million to the United Way of Greater Cleveland in 2022, they didn't just give it to the cause.
They gave it to the endowment they started in...more
Ashoka, a global platform for social innovation, introduced the Arab World Social Entrepreneurship Programme (ASEP) to support local social entrepreneurs in scaling up their operations in three key areas – healthcare, environment and women participation for inclusive growth.